INCOME TAX OFFICER, WARD- 1(1),, GUNTUR vs. POTTI KUMARA NAGA VENKATA SAI CHAKRAVARTHY, GUNTUR

In the result, appeals ITA

Bench: Shri Vijay Pal Rao & Shri Manjunatha G

demonetization period which falls into the financial 2016-2017 relevant to assessment year 2017-2018. Since, the facts in the present case necessitated additions for the assessment year 2016- 2017 and because the Assessing Officer made substantive additions in the hands of M/s. Jaya Balajee Real Media Private Limited on the very same advance, the addition made by the Assessing

INCOME TAX OFFICER, GUNTUR vs. MADHUSUSHANA VENKATA SUBBA RAO POTTI, GUNTUR

In the result, appeals ITA

Bench: Shri Vijay Pal Rao & Shri Manjunatha G

demonetization period which falls into the financial 2016-2017 relevant to assessment year 2017-2018. Since, the facts in the present case necessitated additions for the assessment year 2016- 2017 and because the Assessing Officer made substantive additions in the hands of M/s. Jaya Balajee Real Media Private Limited on the very same advance, the addition made by the Assessing

GOVINDAMMA ISIREDDY,VISAKHAPATNAM vs. INCOME TAX OFFICER, WARD-1(4), VISAKHAPATNAM

Bench: Shri Ravish Sood & Shri Balakrishnan S.आ.अपी.सं /Ita No.505/Viz/2025 ("नधा"रण वष"/Assessment Year: 2020-21) Govindamma Isireddy, Vs. Income Tax Officer, Visakhapatnam. Ward-1(4), Pan: Afipi4540L Visakhapatnam. (Appellant) (Respondent) "नधा"रती "वारा/Assessee By: Sri C. Subrahmanyam, Ca राज" व "वारा/Revenue By: Dr. Aparna Villuri, Sr. Ar सुनवाई क" तार"ख/Date Of 27/10/2025 Hearing: घोषणा क" तार"ख/Date Of 31/10/2025 Pronouncement: आदेश / Order Per. Ravish Sood, Jm : The Present Appeal Filed By The Assessee Is Directed Against The Order Passed By The Additional/Joint Commissioner Of Income-Tax (Appeals), Thane, Dated 12/08/2025, Which In Turn Arises From The Order Passed By The Assessing Officer (For Short, “A.O.”) Under Section 143(3) Of The Income Tax Act, 1961 (For Short “The Act”) Dated 28/12/2019 For 2 Govindamma Isireddy Vs. Ito

capital gains be deleted in full, and the appeal of the Appellant be allowed.” 3 Govindamma Isireddy vs. ITO 2. Succinctly stated, the assessee had filed the return of income for assessment year 2017-18 on 04/01/2018 declaring an income of Rs.8,34,900/-. Subsequently, the case of the assessee was selected for complete scrutiny under section

MANPREET SINGH LAMBA,VIJAYAWADA vs. INCOME TAX OFFICER, WARD-3(3), VIJAYAWADA

Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकर अपील सं./I.T.A. No. 292/Viz/2024 (निर्धारण वर्ा/ Assessment Year: 2017-18) Manpreet Singh Lamba V. Income Tax Officer – Ward-3(3) 54-20-212, Jawahar Auto Nagar Central Revenue Buildings Iind Cross Road Bandar Road Vijayawada – 520007 Vijayawada – 520002 Ntr District, Andhra Pradesh [Pan: Aampl1721D] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent)

Capital gains on sale of property and Cash deposit during demonetization period". During the course of scrutiny proceedings certain information

VARA PRASAD DIDLA,VISAKHAPATNAM vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-3(1), VISAKHAPATNAM

In the result, appeal of the assessee is partly allowed

Bench: Shri Duvvuru Rl Reddy, Hon’Bleआयकर अपील सं./ I.T.A. No. 119/Viz/2024 (िनधा"रण वष" / Assessment Year : 2017-18) Vara Prasad Didla, Vs. Assistant Commissioner Of Visakhapatnam. Income Tax, Circle-3(1), Pan: Abmpd8306K Visakhapatnam. (अपीलाथ"/ Appellant) (""यथ"/ Respondent) अपीलाथ" क" ओर से/ Appellant By : Sri I. Kama Sastry, Ar ""याथ" क" ओर से / Respondent By : Dr. Aparna Villuri, Sr. Ar सुनवाई क" तारीख / Date Of Hearing : 31/07/2024 घोषणा क" तारीख/Date Of : 12/09/2024 Pronouncement O R D E R

capital gains and other sources, filed his return of income for the AY 2017-18 on 07/07/2017 admitting a total income of Rs. 21,23,540/-. Subsequently, the case was selected for limited scrutiny under CASS for the reasons viz., (i) large value of cash deposits during demonetization

VEGESNA HARE RAMARAJU,VISKAHAPATNAM vs. INCOME TAX OFFICER, WARD-3(1), VISAKHAPATNAM

In the result, appeal of the assessee is allowed

Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Ble(In आयकर अपील सं./ I.T.A. No.351/Viz/2024) (िनधा"रण वष" / Assessment Year: 2017-18)) Vegesna Hare Ramaraju, Vs. Income Tax Officer, Visakhapatnam. Ward-3(1), Pan: Accpv9401E Visakhapatnam. (अपीलाथ"/ Appellant) (""थ"/ Respondent) अपीलाथ" की ओर से/ Appellant By : Sri Gvn Hari, Ar ""ाथ" की ओर से / Respondent By : Dr. Aparna Villuri, Sr. Ar

demonetization period as compared to returned income”. The Ld. AO completed the assessment U/s. 143(3) of the Act on 18/12/2019 by accepting the return filed by the assessee. During the assessment proceedings, the Ld. AO observed that the assessee has sold the immovable property for a sale consideration of Rs. 17,07,000/- and received the same in cash

MAHESH KUDARAVALLI,TENALI vs. INCOME TAX OFFICER, WARD-1, TENALI

In the result, appeal of the assessee is allowed

Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकरअपीलसं./ I.T.A. No.230/Viz/2022 (निर्धारणवर्ा/ Assessment Year : 2017-18) Mahesh Kudaravalli, Vs. Income Tax Officer, Tenali. Ward-1, Pan: Bbppk 3773 H Tenali. (अपीलधर्थी/ Appellant) (प्रत्यर्थी/ Respondent) अपीलधर्थीकीओरसे/ Assessee By : Sri Gvn Hari, Ar प्रत्यधर्थीकीओरसे/ Revenue By : Dr. Aparna Villuri, Sr. Ar सुिवधईकीतधरीख/ Date Of Hearing : 27/03/2024 घोर्णधकीतधरीख/Date Of : 04/04/2024 Pronouncement O R D E R Pers. Balakrishnan:

demonetization period to the extent of Rs. 13,03,000/- and accordingly the Ld. AO considered the same amount as the deemed income of the assessee for the AY 2016-17 and brought to tax U/s. 69A of the Act towards unexplained money and passed the assessment order U/s. 143(3) of the Act dated 18/12/2019. Thereafter

THE INCOME TAX OFFICER, INTERNATIONALTAXATION, , VIJAYAWADA vs. KRISHNA MOHAN MALEMPATI, WELLINGTON MANOR

In the result, appeal of the Revenue is dismissed

Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Ble

capital gains [LTCG] of Rs. 6,02,448/-. Subsequently, the case was selected for scrutiny under CASS under ‘complete category’ and notices U/s. 143(2) and 142(1) of the Act were issued and served on the assessee. During the scrutiny assessment proceedings, the Ld. AO observed that the assessee has made a cash deposit of Rs. 90 lakhs

RAYALA RAJESWARA RAO,GUNTUR vs. INCOME TAX OFFICER, WARD-1(1), GUNTUR

In the result, appeal of the assessee is allowed

Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकर अपील सं./ I.T.A. No.239/Viz/2022 ("नधा"रण वष" / Assessment Year :2017-18) Rayala Rajeswara Rao, Vs. Income Tax Officer, Guntur. Ward-1(1), Pan: Ancpr 0801 R Guntur. (अपीलाथ"/ Appellant) (""यथ"/ Respondent) अपीलाथ" क" ओर से/ Appellant By : Sri Gvn Hari, Ar ""याथ" क" ओर से / Respondent By : Sri Madhukar Aves, Sr. Ar

demonetization period for the FY 2016- 17 relevant to the AY 2017-18. On being asked about the source of the cash deposits, the assessee explained before the Ld. AO that the said deposits were made out of the sale proceedings of immovable property (building) during the year which was sold at a total consideration of Rs.41

KONATHALA NOOKU NAIDU,ANAKAPALLE vs. THE INCOME TAX OFFICER, WARD-1, , ANAKAPALLE

In the result, appeal of the assessee is partly allowed

Bench: Shri Duvvuru Rl Reddy, Hon’Bleआयकर अपील सं./ I.T.A. No.269/Viz/2023 (निर्धारण वर्ा / Assessment Year : 2017-18) Konathala Nooku Naidu, Vs. The Income Tax Officer, Anakapalle. Ward-1, Pan: Aczpn 4551 C Anakapalle. (अपीलधर्थी/ Appellant) (प्रत्यर्थी/ Respondent) अपीलधर्थी की ओर से/ Appellant By : Sri Gvn Hari, Ar प्रत्यधर्थी की ओर से / Respondent By : Dr. Aparna Villuri, Sr. Ar सुिवधई की तधरीख / Date Of Hearing : 12/03/2024 घोर्णध की तधरीख/Date Of : 18/03/2024 Pronouncement O R D E R Per Duvvuru Rl Reddy:

Capital Gains’ [STCG] and ‘other sources’. Subsequently, the case was selected for Limited Scrutiny under CASS to examine the cash deposits made by the assessee during the demonetization

BASWA VENKATA SATYA SAI KUMAR REDDY,ANAPARTHI vs. INCOME TAX OFFICER, WARD-1, KAKINADA

In the result, appeal of the assessee is partly allowed

Bench: Shri Laliet Kumar, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकर अपीलसं./I.T.A.No.158/Viz/2024 (निर्धारण वर्ा/ Assessment Years: 2017-18) Baswa Venkata Satya Sai Kumar Reddy, V. Income Tax Officer, Anaparthi. Ward-1, [Pan: Caipb3816M] Kakinada. (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent)

Capital Gains on the sale of land by the assessee. On being aggrieved, the assessee preferred an appeal before the Ld. CIT(A)-NFAC. 3. Before the Ld. CIT(A)-NFAC, the assessee reiterated the submissions made before the Ld. AO. The Ld. CIT(A)-NFAC did not accept the submissions and dismissed the appeal of the assessee. Aggrieved