COMMISSISONER OF I.T. RAJAHMUNDRY vs. M/S.Y RAMAKRISHNA AND OTHERS

In the result, for the above reasons, we set aside the orders

Bench: V.V.S.RAO,RAMESH RANGANATHAN

4) of the said Act, assessed the tax applying the principle of best judgment assessment. In respect of four quarters, though returns were filed, the STO rejected them and passed separate assessment orders. The assessee lost the appeal and, therefore, moved a revision before the Board of Revenue. The same was dismissed observing that the books of accounts filed

The Commissioner of Income Tax vs. M/s.G.V.Krishna Reddy AND Others

In the result, for the above reasons, we set aside the orders

Bench: V.V.S.RAO,RAMESH RANGANATHAN

4) of the said Act, assessed the tax applying the principle of best judgment assessment. In respect of four quarters, though returns were filed, the STO rejected them and passed separate assessment orders. The assessee lost the appeal and, therefore, moved a revision before the Board of Revenue. The same was dismissed observing that the books of accounts filed

COMMISSIONER OF INCOME TAX, vs. M/S G.R.K.PRASAD AND OTHERS

In the result, for the above reasons, we set aside the orders

Bench: V.V.S.RAO,RAMESH RANGANATHAN

4) of the said Act, assessed the tax applying the principle of best judgment assessment. In respect of four quarters, though returns were filed, the STO rejected them and passed separate assessment orders. The assessee lost the appeal and, therefore, moved a revision before the Board of Revenue. The same was dismissed observing that the books of accounts filed

COMMISSIONER OFINCOEMETAX vs. M/S. V.SATYANARAYANA AND OTHERS

In the result, for the above reasons, we set aside the orders

Bench: V.V.S.RAO,RAMESH RANGANATHAN

4) of the said Act, assessed the tax applying the principle of best judgment assessment. In respect of four quarters, though returns were filed, the STO rejected them and passed separate assessment orders. The assessee lost the appeal and, therefore, moved a revision before the Board of Revenue. The same was dismissed observing that the books of accounts filed

Commissioner of Income Tax, vs. M/s Y.Ramakrishna and Others

In the result, for the above reasons, we set aside the orders

Bench: V.V.S.RAO,RAMESH RANGANATHAN

4) of the said Act, assessed the tax applying the principle of best judgment assessment. In respect of four quarters, though returns were filed, the STO rejected them and passed separate assessment orders. The assessee lost the appeal and, therefore, moved a revision before the Board of Revenue. The same was dismissed observing that the books of accounts filed

Commissioner of Income Tax, Rajahmundry. vs. m/s Ganesh Arrack Contractors,

In the result, for the above reasons, we set aside the orders

Bench: V.V.S.RAO,RAMESH RANGANATHAN

4) of the said Act, assessed the tax applying the principle of best judgment assessment. In respect of four quarters, though returns were filed, the STO rejected them and passed separate assessment orders. The assessee lost the appeal and, therefore, moved a revision before the Board of Revenue. The same was dismissed observing that the books of accounts filed

The Commissioner of Income Tax vs. M/s GRK Prasad AND others

In the result, for the above reasons, we set aside the orders

Bench: V.V.S.RAO,RAMESH RANGANATHAN

4) of the said Act, assessed the tax applying the principle of best judgment assessment. In respect of four quarters, though returns were filed, the STO rejected them and passed separate assessment orders. The assessee lost the appeal and, therefore, moved a revision before the Board of Revenue. The same was dismissed observing that the books of accounts filed

The Commissioner of Income Tax-II vs. m/S.M.Ventakteswara Rao AND Others

In the result, for the above reasons, we set aside the orders

Bench: V.V.S.RAO,RAMESH RANGANATHAN

4) of the said Act, assessed the tax applying the principle of best judgment assessment. In respect of four quarters, though returns were filed, the STO rejected them and passed separate assessment orders. The assessee lost the appeal and, therefore, moved a revision before the Board of Revenue. The same was dismissed observing that the books of accounts filed

The Commissioner of income tax, vs. M/s.Y.Ramulu and Others

In the result, for the above reasons, we set aside the orders

Bench: V.V.S.RAO,RAMESH RANGANATHAN

4) of the said Act, assessed the tax applying the principle of best judgment assessment. In respect of four quarters, though returns were filed, the STO rejected them and passed separate assessment orders. The assessee lost the appeal and, therefore, moved a revision before the Board of Revenue. The same was dismissed observing that the books of accounts filed

COMMR.OF I.T. RKAJAHMUNDRY vs. T.RAMI REDDY AND ORS

In the result, for the above reasons, we set aside the orders

Bench: V.V.S.RAO,RAMESH RANGANATHAN

4) of the said Act, assessed the tax applying the principle of best judgment assessment. In respect of four quarters, though returns were filed, the STO rejected them and passed separate assessment orders. The assessee lost the appeal and, therefore, moved a revision before the Board of Revenue. The same was dismissed observing that the books of accounts filed

Commissioner of Income Tax vs. Ms. B.krishna Murthy AND Others

In the result, for the above reasons, we set aside the orders

Bench: V.V.S.RAO,RAMESH RANGANATHAN

4) of the said Act, assessed the tax applying the principle of best judgment assessment. In respect of four quarters, though returns were filed, the STO rejected them and passed separate assessment orders. The assessee lost the appeal and, therefore, moved a revision before the Board of Revenue. The same was dismissed observing that the books of accounts filed

The commissioner of Income Tax vs. M/s.M.Narayana Choudary and Others

In the result, for the above reasons, we set aside the orders

Bench: V.V.S.RAO,RAMESH RANGANATHAN

4) of the said Act, assessed the tax applying the principle of best judgment assessment. In respect of four quarters, though returns were filed, the STO rejected them and passed separate assessment orders. The assessee lost the appeal and, therefore, moved a revision before the Board of Revenue. The same was dismissed observing that the books of accounts filed

The Commissioner of Income Tax III, vs. M/s. Swagath Seeds Private Limited

Bench: RAMESH RANGANATHAN,M.SATYANARAYANA MURTHY

Section 260-A of the Income Tax Act has been filed by the revenue, which was admitted by a Bench of this Court on the following substantial questions of law: i) Whether on the facts and in the circumstances of the case, the Tribunal is right in law in setting aside the disallowance of Rs.39,86,424 when assessing authority

STATE BANK OF HYDERABAD vs. DY COMMR. OF INCOME TAX CIRCLE 3 (2)

Appeal is dismissed

Bench: N.TUKARAMJI,UJJAL BHUYAN

disallowing the deduction claimed by the appellant. Adverting to Section 43D ::4:: of the Act, CIT(A) held that income by way of interest in relation to such categories of bad or doubtful debts as may be prescribed by the RBI in relation to such debts shall be chargeable to tax in the previous year in which it is credited

Commissioner of Income Tax vs. Dr. T.Ravi Kumar

The appeal is disposed of

4. Learned counsel for the revenue submitted that the Tribunal itself in paragraph 21 of the order had recorded the finding that invocation of Section 263 of the Act in the facts of the case is justified. It was argued that the Tribunal therefore, grossly erred in setting aside the order under Section 263 of the Act. It was further

The Commissioner of Income Tax - Central vs. M/s. Himagiri Biotech Pvt. Ltd.,

Section 36 (1) (iii) regarding advance of borrowed funds, to its sister concern?; (2) Did the ITAT fall into error in holding that the sum of `25,04,385/- brought to tax by the AO on the interest free deposit of ` 1,75,50,000/- was not sustainable?; (3) Is the ITAT’s order- that the assessee’s revised

Commissioner of Income Tax -II vs. M/S Sri Ramanjaneya Poultry Farm Pvt., Ltd.,

Bench: CHALLA KODANDA RAM,G.CHANDRAIAH

94,256.00 TOTAL REFUND DUE TO THE ASSESSEE Rs.5,28,18,892.00 The above amount is calculated as per the information available in the records and subject to the verification of the payment made by the assessee. CS(OS) No.713/2006 Page 11 of 14 Sd/- (Sanjay Gosain) Income Tax Officer, Ward 23(2), N. Delhi NAME & ADDRESS

THE COMMISSIONER OF INCOME TAX (CENTRAL) HYD vs. RAJU NEURO AND MULTI SPECIALTIES PVT LTD., E.G.DIST

In the result, the appeal is disposed of

Bench: C.V.NAGARJUNA REDDY,T.AMARNATH GOUD

94,124/- as exemption under Section 80-IB(10) of the Act by declaring the flats sold 4 during the year in accordance with the "Percentage Completion Method". The Assessing Officer by an order dated 27.03.2014 inter alia held that there is no provision under Section 80-IB(10) of the Act to allow the proportionate deduction. Therefore, the entire