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6 results for “TDS”+ Section 144C(13)clear

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Key Topics

Section 143(3)6Section 143(2)5TDS4Section 142(1)3Section 148A3Section 1483Section 92C3Section 143(1)2Section 1952Addition to Income

MARIAPPAN AUSTIN PRAKASH,BENGALURU, KANRNATAKA vs. ASSISTANT COMMISSIONER OF INCOME TAX, INTL TXN CIRCLE, VISAKHAPATNAM

ITA 89/VIZ/2025[2022-23]Status: DisposedITAT Visakhapatnam05 Dec 2025AY 2022-23
Section 142(1)Section 143(2)Section 143(3)Section 144C(1)Section 144C(13)Section 144C(5)Section 195Section 9(1)(i)

144C(13) of Income Tax Act, 1961 (in short\n'Act') vide order dated 10.12.2024 for the A.Y. 2022-23.\nI.T.A.No.89/VIZ/2025\nVijay Mariappan Austin Prakash --\n2.\nBrief facts of the case are that, assessee being a Non-Resident Individual\nfiled his return of income on 17.07.2022 admitting a taxable income of\nRs.9,21,280/- and exempt income of Rs.8

2
Transfer Pricing2

NANNEBOYINA KALYAN CHAKRAVARTHY,VISAKHAPATNAM vs. INCOME TAX OFFICER, (WARD IT), VIJAYAWADA

In the result, appeal of the assessee is allowed

ITA 104/VIZ/2025[2016-17]Status: DisposedITAT Visakhapatnam02 Jun 2025AY 2016-17

Bench: Shri Veeravalli Durga Rao, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकर अपीलसं./I.T.A.No.104/Viz/2025 (निर्धारण वर्ा/ Assessment Year: 2016-17) Nanneboyina Kalyan Chakravarthy V. Income Tax Officer C/O. C.R. Hemanthkumar Ward International Taxation Cr Building, 1St Floor Annex. H.No 9-14-4/7, Flat No. 7 M.G. Road, Vijayawada Sowbhagyaapartments Andhra Pradesh – 520002 Cbm Compound, Vip Road Andhra Pradesh - 530003 [Pan: Cuepk3530P] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent)

Section 133(6)Section 144C(1)Section 147Section 148Section 148ASection 69A

section 147 r.w.s 144C(13) of Income Tax Act, 1961 [hereinafter in I.T.A.No.104/VIZ/2025 Nanneboyina Kalyan Chakravarthy short “the Act”] vide DIN & Order No. ITBA/AST/S/147/2024- 25/1071217684(1) dated 03.12.2024 for the A.Y. 2016-17. 2. The facts of the case are, assessee is an NRI and as per the Risk Management Strategy formulated by the CBDT through insight portal

3F INDUSTRIES LIMITED,TADEPALLIGUDEM vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-1, RAJAHMUNDRY

In the result, appeal of the assessee is partly allowed for statistical purposes

ITA 434/VIZ/2024[2021-22]Status: DisposedITAT Visakhapatnam25 Nov 2024AY 2021-22

Bench: Shri K. Narasimha Chary, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकर अपीलसं./I.T.A.No.434/Viz/2024 (निर्धारण वर्ा/ Assessment Year: 2021-22) 3F Industries Limited V. Asst. Cit – Circle – 1 Aayakar Bhavan Pb No. 15, Tanuku Road Veerabhadrapuram Tadepalligudem, West Godavari Rajahmundry – 533105 Andhra Pradesh - 534102 Andhra Pradesh [Pan: Aaacf2643K] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent)

Section 143(1)(a)Section 143(2)Section 143(3)Section 92B(1)Section 92CSection 92E

section 143(3) r.w.s. 144C(13) of the Income Tax Act, 1961 ('the Act) dated 23 September 2024, the Ld. AO / Ld. Transfer Pricing Officer ('TPO") and the Hon'ble Dispute Resolution Panel ('DRP') erred in: Ground No 1: Notional guarantee fee on shareholder's guarantee Making adjustment on the shareholders corporate guarantee provided to the banks for loans availed

ARKHA SOLAR POWER PRIVATE LIMITED,RAJAHMUNDARY vs. DCIT-1 , KAKINADA

In the result, appeal of the assessee is allowed

ITA 92/VIZ/2022[2017-2018]Status: DisposedITAT Visakhapatnam22 Dec 2023AY 2017-2018

Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Ble(Through Hybrid Hearing) आयकरअपीलसं./ I.T.A. No.92/Viz/2022 ("नधा"रणवष"/ Assessment Year : 2017-18) Arkha Solar Power Private Vs. Deputy Commissioner Of Limited, Income Tax-1, Elakolanu Village, 4Th Floor, Sri Deepthi Towers, Rangampeta, Rajahmundry, Main Road, Kakinada, Andhra Pradesh – 533294. Andhra Pradesh-533001. Pan: Aalca 4293K (अपीलाथ"/ Appellant) (""यथ"/ Respondent) अपीलाथ"क"ओरसे/ Assessee By : Ms. Karishma R. Phatarphekar ""याथ"क"ओरसे/ Revenue By : Dr. Satyasai Rath, Cit-Dr

For Appellant: Ms. Karishma R. PhatarphekarFor Respondent: Dr. Satyasai Rath, CIT-DR
Section 142(1)Section 143(1)Section 143(2)Section 143(3)Section 92C(1)

144C(13) r.w.s 144B of the Income Tax Act, 1961 [the Act] vide DIN No. 2 ITBA/AST/S/143(3)/2021-22/1040122408(1), dated 25/02/2022 for the AY 2017-18. 2. Brief facts of the case are that the assessee is engaged in the business of Solar Power generation filed its return of income on 30/11/2017 declaring NIL income and by claiming brought

LAKSHMI PRASUNAMBA KODALI,HYDERABAD vs. ASSISTANT COMMISSIONER OF INCOME TAX CIRCLE INTERNATIONAL TAX, VISAKHAPATNAM

In the result, appeal filed by the assessee is allowed for statistical purposes as indicated hereinabove

ITA 279/VIZ/2024[2019-20]Status: DisposedITAT Visakhapatnam25 Sept 2024AY 2019-20

Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Ble(Through Hybrid Hearing) आयकर अपील सं./ I.T.A. No. 279/Viz/2024 (िनधा"रण वष" / Assessment Year: 2019-20) Lakshmi Prasunamba Kodali, Vs. Asst. Commissioner Of Hyderabad. Income Tax, Pan: Cxrpk7177G Circle-International Tax, Visakhapatnam. (अपीलाथ"/ Appellant) (""यथ"/ Respondent) अपीलाथ" क" ओर से/ Appellant By : Sri S.V. Rao Associates ""याथ" क" ओर से / Respondent By : Dr. Aparna Villuri, Sr. Ar सुनवाई क" तारीख / Date Of Hearing : 10/09/2024 घोषणा क" तारीख/Date Of : 25/09/2024 Pronouncement O R D E R

For Appellant: Sri S.V. Rao AssociatesFor Respondent: Dr. Aparna Villuri, Sr. AR
Section 129Section 142(1)Section 143(1)Section 143(2)Section 143(3)Section 195Section 270A

TDS related to section 195 (Non-business ITR)”. Accordingly, notice U/s. 143(2) of the Act was issued. Due to change in the incumbency, a notice U/s. 129 of the Act was also issued on 16/09/2021 along with notice U/s. 142(1) of the Act. In response, the assessee submitted the information as called for. On perusal and verification / examining

ASST. COMMISSIONER OF INCOME TAX, VIJAYAWADA vs. FYSOLATE TECHNOLOGIES, VIJAYAWADA

In the result, appeal of the Revenue is dismissed

ITA 182/VIZ/2023[2017-18]Status: DisposedITAT Visakhapatnam15 Jul 2024AY 2017-18

Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकर अपील सं./ I.T.A. No.182/Viz/2023 (िनधा"रण वष" / Assessment Year : 2017-18) Assistant Commissioner Of Vs. Fysolate Technologies, Income Tax, Vijayawada. Vijawayada. Pan: Aacff5633L (अपीलाथ"/ Appellant) (""यथ"/ Respondent) अपीलाथ" क" ओर से/ Assessee By : Sri Mithilesh Sannareddy ""याथ" क" ओर से / Revenue By : Dr. Satyasai Rath, Cit-Dr सुनवाई क" तारीख / Date Of Hearing : 16/04/2024 घोषणा क" तारीख/Date Of : 15/07/2024 Pronouncement O R D E R

For Appellant: Sri Mithilesh SannareddyFor Respondent: Dr. Satyasai Rath, CIT-DR
Section 10ASection 143(2)Section 143(3)Section 92C

13. Emami Ltd 29.36% 41.57% 35 Percentile 5.42% 5.73% Median 8.93% 9.80% 65 Percentile 10.96% 12.31% The Ld. TPO has arrived at the Median of the PBDIT/OR at 8.93% and compared with the assessee’s PBDIT/OR which stood at 60.44%. The Ld. TPO also observed that the assessee is availing Tax Holiday benefit under section 10AA of the Act. Thereafter