THE YANAM CO OPERATIVE STORES LIMITED,YANAM vs. PRINCIPAL COMMISSIONER OF INCOME TAX, VISAKHAPATNAM

In the result, the appeal filed by the assessee is allowed

Bench: Shri Ravish Sood & Shri Madhusudan Sawdia

TDS, which is a statutory right and directly linked to the income assessed in the return filed in response to notice u/s.148 of the Act. In support of his submission, the Ld. AR relied on the decision of Hon'ble Allahabad High Court in the case of CIT Vs. Vali Brothers (2005) 282 ITR 149 (Allahabad) and Hon'ble Jharkhand

PADMASREE STEELS PRIVATE LIMITED,RAVULAPALEM vs. DCIT, CIRCLE - 1, KAKINADA

In the result, appeal of the assessee is allowed

Bench: Shri Ravish Sood, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकर अपीलसं./I.T.A.No.292/Viz/2025 (निर्धारणवर्ा/ Assessment Year:2018-19) Vs. Dcit – Circle –1 Padmasree Steels Private Limited Rs No. 109 & 110 Devarapalli 3Rd Floor, Deepthi Towers Main Road Ravulapalem – 533238 Kakinada – 533001 Andhra Pradesh Andhra Pradesh [Pan:Aadcp2642P]

282 (Visakhapatnam). ii. Andhra Pradesh Gas Power corporation v. DCIT in ITA No. 1765/HYD/2017. iii. Echay Forgings v. Bombay HC [2001] 116 Taxman 322 (Bombay). iv. Dreser Valve Private Limited v. ACIT [2009] 30 SOT 495 (Mumbai). 8. She therefore pleaded that the addition made by the Ld. AO for the purpose of computation of book profits under section 115JB

GANGUNAIDU SABBAVARAPU,VISAKHAPATNAM vs. INCOME TAX OFFICER, WARD-2(5), VISAKHPATNAM

Section 96 of the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013, is applicable to compensation payable for land acquired under the National Highways Act, 1956 and consequently, compensation payable for acquisition of land under the National Highways Act, 1956 is exempt from payment of income tax / TDS under the Income