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16 results for “capital gains”+ Section 221clear

Sorted by relevance

Delhi412Mumbai342Chennai156Bangalore138Karnataka106Ahmedabad106Jaipur95Hyderabad54Kolkata50Raipur30Chandigarh28Pune24Cochin21Lucknow18Calcutta17Surat16Visakhapatnam16Indore15Rajkot12Cuttack11Guwahati5Nagpur5SC5Telangana5Kerala3Jodhpur3Agra2Dehradun2Rajasthan2Orissa2Andhra Pradesh1Panaji1Varanasi1Patna1

Key Topics

Section 14A21Section 234A18Section 14812Section 14712Addition to Income9Limitation/Time-bar9Section 234B6Disallowance6Reopening of Assessment

TEKI VENKATA RAMA RAO,,KAKINADA vs. THE ITO,, KAKINADA

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

ITA 151/VIZ/2017[2012-2013]Status: DisposedITAT Visakhapatnam10 Aug 2018AY 2012-2013

Bench: Shri V. Durga Rao & Shri D.S. Sunder Singhआयकर अपील सं./I.T.A.No.151/Viz/2017 (धििाारण िर्ा/Assessment Year:2012-13) Sri Teki Venkata Ramana Rao Vs. Income Tax Officer D.No.11-2-10 (International Taxation) Seshasai Street Kakinada Ramarao Peta Kakinada, E.G.Dist [Pan :Affpt6413G] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent) अपीलार्थी की ओर से/ Appellant By : Shri I.Kama Sastry, Ar प्रत्यार्थी की ओर से/ Respondent By : Shri V.Appala Raju, Dr सुनवाई की तारीख / Date Of Hearing : 25.07.2018 10.08.2018 घोषणा की तारीख/Date Of Pronouncement :

For Appellant: Shri I.Kama Sastry, ARFor Respondent: Shri V.Appala Raju, DR
Section 195Section 201Section 201(1)Section 201(2)

capital gains by adopting an estimated value of the property as on 01.04.1981 without reference to any comparable cases. 5. All the above grounds are mutually exclusive and without prejudice to one another. 6. The appellant craves leave to add to, amend, alter all or any of the above grounds of appeal. During the appeal hearing, the Ld.AR

6
Section 143(2)5
Section 80I5
Section 92C5

R.MANI KUMAR REPRESENTED BY DR.P.VENUGOPAL,,VISAKHAPATNAM vs. INCOME TAX OFFICER, (INTERNATIONAL TAXATION),, VISAKHAPATNAM

In the result appeals of the assessee are allowed

ITA 73/VIZ/2018[2007-08]Status: DisposedITAT Visakhapatnam06 Jun 2018AY 2007-08

Bench: Shri V. Durga Rao& Shri D.S. Sunder Singhआयकर अपील सं./I.T.A.No.69/Viz/2018 (धनधाारण िर्ा/Assessment Year:2007-08) V.Pratima Rao Vs. Income Tax Officer Rep. Assessee By Dr.P.Venugopal (International Taxation) 49-35-7, Akkayyapalem Visakhapatnam Visakhapatnam {Pan :Aempp5934Q] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent) आयकर अपील सं./I.T.A.No.70/Viz/2018 (धनधाारण िर्ा/Assessment Year:2007-08) V.Gautam Rao Vs. Income Tax Officer Rep. Assessee By Dr.P.Venugopal (International Taxation) 49-35-7, Akkayyapalem Visakhapatnam Visakhapatnam {Pan :Aempp5934Q] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent) आयकर अपील सं./I.T.A.No.71/Viz/2018 (धनधाारण िर्ा/Assessment Year:2007-08) V.Ujvala Rao Vs. Income Tax Officer Rep. Assessee By Dr.P.Venugopal (International Taxation) 49-35-7, Akkayyapalem Visakhapatnam Visakhapatnam {Pan :Aempp5934Q] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent)

Section 147Section 148Section 234A

capital gains, notices u/s. 148 were issued on 24.03.2014 to Dr. P. Venugopal, Rep. Assessee of Smt V Pratima Rao and Five others and served the same on him on 25.03.2014. As the Rep.Assessee had not complied with filing of return of income, reminders were issued on various dates and at last the Rep.assessee has filed the return

V.PRATIMA RAO, REPRESENTED BY DR. P.VENUGOPAL,,VISAKHAPATNAM vs. INCOME TAX OFFICER, (INTERNATIONAL TAXATION),, VISAKHAPATNAM

In the result appeals of the assessee are allowed

ITA 69/VIZ/2018[2007-08]Status: DisposedITAT Visakhapatnam06 Jun 2018AY 2007-08

Bench: Shri V. Durga Rao& Shri D.S. Sunder Singhआयकर अपील सं./I.T.A.No.69/Viz/2018 (धनधाारण िर्ा/Assessment Year:2007-08) V.Pratima Rao Vs. Income Tax Officer Rep. Assessee By Dr.P.Venugopal (International Taxation) 49-35-7, Akkayyapalem Visakhapatnam Visakhapatnam {Pan :Aempp5934Q] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent) आयकर अपील सं./I.T.A.No.70/Viz/2018 (धनधाारण िर्ा/Assessment Year:2007-08) V.Gautam Rao Vs. Income Tax Officer Rep. Assessee By Dr.P.Venugopal (International Taxation) 49-35-7, Akkayyapalem Visakhapatnam Visakhapatnam {Pan :Aempp5934Q] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent) आयकर अपील सं./I.T.A.No.71/Viz/2018 (धनधाारण िर्ा/Assessment Year:2007-08) V.Ujvala Rao Vs. Income Tax Officer Rep. Assessee By Dr.P.Venugopal (International Taxation) 49-35-7, Akkayyapalem Visakhapatnam Visakhapatnam {Pan :Aempp5934Q] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent)

Section 147Section 148Section 234A

capital gains, notices u/s. 148 were issued on 24.03.2014 to Dr. P. Venugopal, Rep. Assessee of Smt V Pratima Rao and Five others and served the same on him on 25.03.2014. As the Rep.Assessee had not complied with filing of return of income, reminders were issued on various dates and at last the Rep.assessee has filed the return

R.SMITHA SHARMA REPRESENTED BY DR.P.VENUGOPAL, ,VISAKHAPATNAM vs. INCOME TAX OFFICER, (INTERNATIONAL TAXATION),, VISAKHAPATANAM

In the result appeals of the assessee are allowed

ITA 74/VIZ/2018[2007-08]Status: DisposedITAT Visakhapatnam06 Jun 2018AY 2007-08

Bench: Shri V. Durga Rao& Shri D.S. Sunder Singhआयकर अपील सं./I.T.A.No.69/Viz/2018 (धनधाारण िर्ा/Assessment Year:2007-08) V.Pratima Rao Vs. Income Tax Officer Rep. Assessee By Dr.P.Venugopal (International Taxation) 49-35-7, Akkayyapalem Visakhapatnam Visakhapatnam {Pan :Aempp5934Q] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent) आयकर अपील सं./I.T.A.No.70/Viz/2018 (धनधाारण िर्ा/Assessment Year:2007-08) V.Gautam Rao Vs. Income Tax Officer Rep. Assessee By Dr.P.Venugopal (International Taxation) 49-35-7, Akkayyapalem Visakhapatnam Visakhapatnam {Pan :Aempp5934Q] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent) आयकर अपील सं./I.T.A.No.71/Viz/2018 (धनधाारण िर्ा/Assessment Year:2007-08) V.Ujvala Rao Vs. Income Tax Officer Rep. Assessee By Dr.P.Venugopal (International Taxation) 49-35-7, Akkayyapalem Visakhapatnam Visakhapatnam {Pan :Aempp5934Q] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent)

Section 147Section 148Section 234A

capital gains, notices u/s. 148 were issued on 24.03.2014 to Dr. P. Venugopal, Rep. Assessee of Smt V Pratima Rao and Five others and served the same on him on 25.03.2014. As the Rep.Assessee had not complied with filing of return of income, reminders were issued on various dates and at last the Rep.assessee has filed the return

V.GAUTAM RAO REPRESENTED BY DR.P.VENUGOPAL,,VISAKHPATNAM vs. INCOME TAX OFFICER, (INTERNATIONAL TAXATION),, VISAKHAPATNAM

In the result appeals of the assessee are allowed

ITA 70/VIZ/2018[2007-08]Status: DisposedITAT Visakhapatnam06 Jun 2018AY 2007-08

Bench: Shri V. Durga Rao& Shri D.S. Sunder Singhआयकर अपील सं./I.T.A.No.69/Viz/2018 (धनधाारण िर्ा/Assessment Year:2007-08) V.Pratima Rao Vs. Income Tax Officer Rep. Assessee By Dr.P.Venugopal (International Taxation) 49-35-7, Akkayyapalem Visakhapatnam Visakhapatnam {Pan :Aempp5934Q] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent) आयकर अपील सं./I.T.A.No.70/Viz/2018 (धनधाारण िर्ा/Assessment Year:2007-08) V.Gautam Rao Vs. Income Tax Officer Rep. Assessee By Dr.P.Venugopal (International Taxation) 49-35-7, Akkayyapalem Visakhapatnam Visakhapatnam {Pan :Aempp5934Q] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent) आयकर अपील सं./I.T.A.No.71/Viz/2018 (धनधाारण िर्ा/Assessment Year:2007-08) V.Ujvala Rao Vs. Income Tax Officer Rep. Assessee By Dr.P.Venugopal (International Taxation) 49-35-7, Akkayyapalem Visakhapatnam Visakhapatnam {Pan :Aempp5934Q] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent)

Section 147Section 148Section 234A

capital gains, notices u/s. 148 were issued on 24.03.2014 to Dr. P. Venugopal, Rep. Assessee of Smt V Pratima Rao and Five others and served the same on him on 25.03.2014. As the Rep.Assessee had not complied with filing of return of income, reminders were issued on various dates and at last the Rep.assessee has filed the return

V.UJAVALA RAO REPRESENTED BY DR.P.VENUGOPAL,,VISAKHAPATNAM vs. INCOME TAX OFFICER, (INTERNATIONAL TAXATION),, VISAKHAPATNAM

In the result appeals of the assessee are allowed

ITA 71/VIZ/2018[2007-08]Status: DisposedITAT Visakhapatnam06 Jun 2018AY 2007-08

Bench: Shri V. Durga Rao& Shri D.S. Sunder Singhआयकर अपील सं./I.T.A.No.69/Viz/2018 (धनधाारण िर्ा/Assessment Year:2007-08) V.Pratima Rao Vs. Income Tax Officer Rep. Assessee By Dr.P.Venugopal (International Taxation) 49-35-7, Akkayyapalem Visakhapatnam Visakhapatnam {Pan :Aempp5934Q] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent) आयकर अपील सं./I.T.A.No.70/Viz/2018 (धनधाारण िर्ा/Assessment Year:2007-08) V.Gautam Rao Vs. Income Tax Officer Rep. Assessee By Dr.P.Venugopal (International Taxation) 49-35-7, Akkayyapalem Visakhapatnam Visakhapatnam {Pan :Aempp5934Q] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent) आयकर अपील सं./I.T.A.No.71/Viz/2018 (धनधाारण िर्ा/Assessment Year:2007-08) V.Ujvala Rao Vs. Income Tax Officer Rep. Assessee By Dr.P.Venugopal (International Taxation) 49-35-7, Akkayyapalem Visakhapatnam Visakhapatnam {Pan :Aempp5934Q] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent)

Section 147Section 148Section 234A

capital gains, notices u/s. 148 were issued on 24.03.2014 to Dr. P. Venugopal, Rep. Assessee of Smt V Pratima Rao and Five others and served the same on him on 25.03.2014. As the Rep.Assessee had not complied with filing of return of income, reminders were issued on various dates and at last the Rep.assessee has filed the return

LALITHA D.V.RAO REPRESENTED BY DR.P.VENUGOPAL,,VISAKHAPATNAM vs. INCOME TAX OFFICER, (INTERNATIONAL TAXATION),, VISAKHAPATNAM

In the result appeals of the assessee are allowed

ITA 72/VIZ/2018[2007-08]Status: DisposedITAT Visakhapatnam06 Jun 2018AY 2007-08

Bench: Shri V. Durga Rao& Shri D.S. Sunder Singhआयकर अपील सं./I.T.A.No.69/Viz/2018 (धनधाारण िर्ा/Assessment Year:2007-08) V.Pratima Rao Vs. Income Tax Officer Rep. Assessee By Dr.P.Venugopal (International Taxation) 49-35-7, Akkayyapalem Visakhapatnam Visakhapatnam {Pan :Aempp5934Q] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent) आयकर अपील सं./I.T.A.No.70/Viz/2018 (धनधाारण िर्ा/Assessment Year:2007-08) V.Gautam Rao Vs. Income Tax Officer Rep. Assessee By Dr.P.Venugopal (International Taxation) 49-35-7, Akkayyapalem Visakhapatnam Visakhapatnam {Pan :Aempp5934Q] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent) आयकर अपील सं./I.T.A.No.71/Viz/2018 (धनधाारण िर्ा/Assessment Year:2007-08) V.Ujvala Rao Vs. Income Tax Officer Rep. Assessee By Dr.P.Venugopal (International Taxation) 49-35-7, Akkayyapalem Visakhapatnam Visakhapatnam {Pan :Aempp5934Q] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent)

Section 147Section 148Section 234A

capital gains, notices u/s. 148 were issued on 24.03.2014 to Dr. P. Venugopal, Rep. Assessee of Smt V Pratima Rao and Five others and served the same on him on 25.03.2014. As the Rep.Assessee had not complied with filing of return of income, reminders were issued on various dates and at last the Rep.assessee has filed the return

CHAPARALA BABU RAO, REP. OF K. VEMLATA RAO,VISAKHAPATNAM vs. INCOME TAX OFFICER (INTERNATIONAL TAXATION), VISAKHAPATNAM

In the result, appeals of the assessee are allowed

ITA 180/VIZ/2018[2007-2008]Status: DisposedITAT Visakhapatnam28 Nov 2018AY 2007-2008

Bench: Shri V. Durga Rao& Shri D.S. Sunder Singhआयकर अपील सं./I.T.A.No.175/Viz/2017 (धििाारण िर्ा/Assessment Year:2007-08) Chaparala Babu Rao Vs. Dy.Director Of Income Tax 7-17-1, Main Road (It&Tp) Kirlampudi Layout Visakhapatnam Visakhapatnam [Pan : Adcpc4435G] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent) आयकरअपीलसं./I.T.A.Nos.180-182/Viz/2018 (धििाारणिर्ा/Assessment Year:2007-08) Chaparala Babu Rao Vs. Income Tax Officer Rep.Assessee Of (International Taxation) (I) Sri K.Vemlata Rao Visakhapatnam (Ii) Sri G.Hari Prasad (Iii) Smt.S.Sailaja Naidu D.No.10-50-19, 4Th Floor “Soudamani” Siripuram Visakhapatnam (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent) राजस्व की ओर से/ Revenue By : Smt. Suman Malik, Dr निर्ााररती की ओर से/Assessee By : Shri C.V.S.Murthy, Ar सुिवाई की तारीख / Date Of Hearing : 26.11.2018 28.11.2018 घोषणा की तारीख/Date Of Pronouncement :

For Appellant: Shri C.V.S.Murthy, ARFor Respondent: Smt. Suman Malik, DR
Section 148Section 234ASection 234B

capital gains in the hands of the assessee, Shri Chaparala Babu Rao. 6. Aggrieved by the order, the assessee went on appeal before the CIT(A) and the Ld.CIT(A) confirmed the order of the AO and dismissed the appeal of the assessee. 7. Against the order of the Ld.CIT(A), the assessee is in appeal before us. The Ld.AR

CHAPARALA BABU RAO, REP. OF S. SAILAJA NAIDU,,VISAKHAPATNAM vs. INCOME TAX OFFICER (INTERNATIONAL TAXATION), VISAKHAPATNAM

In the result, appeals of the assessee are allowed

ITA 182/VIZ/2018[2007-2008]Status: DisposedITAT Visakhapatnam28 Nov 2018AY 2007-2008

Bench: Shri V. Durga Rao& Shri D.S. Sunder Singhआयकर अपील सं./I.T.A.No.175/Viz/2017 (धििाारण िर्ा/Assessment Year:2007-08) Chaparala Babu Rao Vs. Dy.Director Of Income Tax 7-17-1, Main Road (It&Tp) Kirlampudi Layout Visakhapatnam Visakhapatnam [Pan : Adcpc4435G] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent) आयकरअपीलसं./I.T.A.Nos.180-182/Viz/2018 (धििाारणिर्ा/Assessment Year:2007-08) Chaparala Babu Rao Vs. Income Tax Officer Rep.Assessee Of (International Taxation) (I) Sri K.Vemlata Rao Visakhapatnam (Ii) Sri G.Hari Prasad (Iii) Smt.S.Sailaja Naidu D.No.10-50-19, 4Th Floor “Soudamani” Siripuram Visakhapatnam (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent) राजस्व की ओर से/ Revenue By : Smt. Suman Malik, Dr निर्ााररती की ओर से/Assessee By : Shri C.V.S.Murthy, Ar सुिवाई की तारीख / Date Of Hearing : 26.11.2018 28.11.2018 घोषणा की तारीख/Date Of Pronouncement :

For Appellant: Shri C.V.S.Murthy, ARFor Respondent: Smt. Suman Malik, DR
Section 148Section 234ASection 234B

capital gains in the hands of the assessee, Shri Chaparala Babu Rao. 6. Aggrieved by the order, the assessee went on appeal before the CIT(A) and the Ld.CIT(A) confirmed the order of the AO and dismissed the appeal of the assessee. 7. Against the order of the Ld.CIT(A), the assessee is in appeal before us. The Ld.AR

CHAPARALA BABU RAO, REP. SRI G. HARI PRASAD,,VISAKHAPATNAM vs. INCOME TAX OFFICER (INTERNATIONAL TAXATION), VISAKHAPATNAM

In the result, appeals of the assessee are allowed

ITA 181/VIZ/2018[2007-2008]Status: DisposedITAT Visakhapatnam28 Nov 2018AY 2007-2008

Bench: Shri V. Durga Rao& Shri D.S. Sunder Singhआयकर अपील सं./I.T.A.No.175/Viz/2017 (धििाारण िर्ा/Assessment Year:2007-08) Chaparala Babu Rao Vs. Dy.Director Of Income Tax 7-17-1, Main Road (It&Tp) Kirlampudi Layout Visakhapatnam Visakhapatnam [Pan : Adcpc4435G] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent) आयकरअपीलसं./I.T.A.Nos.180-182/Viz/2018 (धििाारणिर्ा/Assessment Year:2007-08) Chaparala Babu Rao Vs. Income Tax Officer Rep.Assessee Of (International Taxation) (I) Sri K.Vemlata Rao Visakhapatnam (Ii) Sri G.Hari Prasad (Iii) Smt.S.Sailaja Naidu D.No.10-50-19, 4Th Floor “Soudamani” Siripuram Visakhapatnam (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent) राजस्व की ओर से/ Revenue By : Smt. Suman Malik, Dr निर्ााररती की ओर से/Assessee By : Shri C.V.S.Murthy, Ar सुिवाई की तारीख / Date Of Hearing : 26.11.2018 28.11.2018 घोषणा की तारीख/Date Of Pronouncement :

For Appellant: Shri C.V.S.Murthy, ARFor Respondent: Smt. Suman Malik, DR
Section 148Section 234ASection 234B

capital gains in the hands of the assessee, Shri Chaparala Babu Rao. 6. Aggrieved by the order, the assessee went on appeal before the CIT(A) and the Ld.CIT(A) confirmed the order of the AO and dismissed the appeal of the assessee. 7. Against the order of the Ld.CIT(A), the assessee is in appeal before us. The Ld.AR

DEVI SEA FOODS LIMITED,VISAKHAPATNAM vs. DCIT, CIRCLE-3(1), VISAKHAPATNAM

In the result, appeal of the assessee is allowed

ITA 75/VIZ/2022[2017-18]Status: DisposedITAT Visakhapatnam09 Sept 2022AY 2017-18

Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकरअपीलसं./ I.T.A. No.75/Viz/2022 ("नधा"रणवष"/ Assessment Year: 2017-18) M/S. Devi Sea Foods Limited, Vs. Deputy Commissioner Of Visakhapatnam. Income Tax, Pan: Aabcd 0248 B Circle-3(1), Visakhapatnam. (अपीलाथ"/ Appellant) (""यथ"/ Respondent) अपीलाथ"क"ओरसे/ Appellant By : Sri D. Anand, Advocate ""याथ"क"ओरसे/ Respondent By : Sri Mn Murthy Naik, Cit-Dr

For Appellant: Sri D. Anand, AdvocateFor Respondent: Sri MN Murthy Naik, CIT-DR
Section 143(3)Section 144CSection 144C(5)Section 14ASection 154Section 50Section 92BSection 92C

gain of Rs. 11,24,33,853/- which has a direct nexus with the period of realization of the receivables from the AE should be netted off against the notional interest charged on delayed receipt of trade receivables. 2.13. Without prejudice to the above grounds, the DRP/TPO/AO erred in considering uniform credit period of 60 days without any basis

KPR AGROCHEM LIMITED,BALABHADRAPURAM vs. DCIT CIRCLE-1, KAKINADA

In the result, appeals filed by the revenue in I

ITA 223/VIZ/2022[2015-16]Status: DisposedITAT Visakhapatnam15 Jun 2023AY 2015-16

Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकर अपील सं./I.T.A.No.80/Viz/2021 & 81/Viz/2021 (ननधधारण वर्ा / Assessment Year : 2016-17 & 2017-18) Dy.Commissioner Of Income Tax Vs. M/S K.P.R.Agrochem Ltd Circle-1 D.No.8-256, Tata Nagar Kakinada Balabhadrapuram East Godavari [Pan : Aadck0257B] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent) आयकर अपील सं./I.T.A.No.221/Viz/2022 To 223/Viz/2022 (ननधधारण वर्ा / Assessment Year : 2013-14, 2014-15 & 2015-16) M/S K.P.R.Agrochem Ltd Vs. Dy.Commissioner Of D.No.8-256, Tata Nagar Income Tax Balabhadrapuram Circle-1 East Godavari Kakinada [Pan : Aadck0257B] अपीलधथी की ओर से/ Appellant By : Shri G.V.N.Hari, Ar Shri A.Chakradhar, Ar प्रत्यधथी की ओर से / Respondent By : Shri On Hari Prasada Rao, Dr सुनवधई की तधरीख / Date Of Hearing : 20.03.2023 घोर्णध की तधरीख/Date Of Pronouncement : 15.06.2023 आदेश /O R D E R Per Shri Duvvuru Rl Reddy:

For Appellant: Shri G.V.N.Hari, ARFor Respondent: Shri ON Hari Prasada Rao, DR
Section 143(2)Section 14ASection 80I

capital & reserves and surplus). 2. The understanding of the Hon’ble CIT(A) wrt Circular No.5 of 2014 dated 11/02/2014 is wrong. 3. The CIT(A) is wrong in relying on the explanaiton to FA 2022 below section 14A as the same is prospective in nature. 4. The CIT(A) ought to have appreciated that the AO erred in making

KPR AGROCHEM LIMITED,BALABHADRAPURAM vs. DCIT CIRCLE-1, KAKINADA

In the result, appeals filed by the revenue in I

ITA 222/VIZ/2022[2014-15]Status: DisposedITAT Visakhapatnam15 Jun 2023AY 2014-15

Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकर अपील सं./I.T.A.No.80/Viz/2021 & 81/Viz/2021 (ननधधारण वर्ा / Assessment Year : 2016-17 & 2017-18) Dy.Commissioner Of Income Tax Vs. M/S K.P.R.Agrochem Ltd Circle-1 D.No.8-256, Tata Nagar Kakinada Balabhadrapuram East Godavari [Pan : Aadck0257B] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent) आयकर अपील सं./I.T.A.No.221/Viz/2022 To 223/Viz/2022 (ननधधारण वर्ा / Assessment Year : 2013-14, 2014-15 & 2015-16) M/S K.P.R.Agrochem Ltd Vs. Dy.Commissioner Of D.No.8-256, Tata Nagar Income Tax Balabhadrapuram Circle-1 East Godavari Kakinada [Pan : Aadck0257B] अपीलधथी की ओर से/ Appellant By : Shri G.V.N.Hari, Ar Shri A.Chakradhar, Ar प्रत्यधथी की ओर से / Respondent By : Shri On Hari Prasada Rao, Dr सुनवधई की तधरीख / Date Of Hearing : 20.03.2023 घोर्णध की तधरीख/Date Of Pronouncement : 15.06.2023 आदेश /O R D E R Per Shri Duvvuru Rl Reddy:

For Appellant: Shri G.V.N.Hari, ARFor Respondent: Shri ON Hari Prasada Rao, DR
Section 143(2)Section 14ASection 80I

capital & reserves and surplus). 2. The understanding of the Hon’ble CIT(A) wrt Circular No.5 of 2014 dated 11/02/2014 is wrong. 3. The CIT(A) is wrong in relying on the explanaiton to FA 2022 below section 14A as the same is prospective in nature. 4. The CIT(A) ought to have appreciated that the AO erred in making

KPR AGROCHEM LIMITED,BALABHADRAPURAM vs. DCIT CIRCLE-1, KAKINADA

In the result, appeals filed by the revenue in I

ITA 221/VIZ/2022[2013-14]Status: DisposedITAT Visakhapatnam15 Jun 2023AY 2013-14

Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकर अपील सं./I.T.A.No.80/Viz/2021 & 81/Viz/2021 (ननधधारण वर्ा / Assessment Year : 2016-17 & 2017-18) Dy.Commissioner Of Income Tax Vs. M/S K.P.R.Agrochem Ltd Circle-1 D.No.8-256, Tata Nagar Kakinada Balabhadrapuram East Godavari [Pan : Aadck0257B] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent) आयकर अपील सं./I.T.A.No.221/Viz/2022 To 223/Viz/2022 (ननधधारण वर्ा / Assessment Year : 2013-14, 2014-15 & 2015-16) M/S K.P.R.Agrochem Ltd Vs. Dy.Commissioner Of D.No.8-256, Tata Nagar Income Tax Balabhadrapuram Circle-1 East Godavari Kakinada [Pan : Aadck0257B] अपीलधथी की ओर से/ Appellant By : Shri G.V.N.Hari, Ar Shri A.Chakradhar, Ar प्रत्यधथी की ओर से / Respondent By : Shri On Hari Prasada Rao, Dr सुनवधई की तधरीख / Date Of Hearing : 20.03.2023 घोर्णध की तधरीख/Date Of Pronouncement : 15.06.2023 आदेश /O R D E R Per Shri Duvvuru Rl Reddy:

For Appellant: Shri G.V.N.Hari, ARFor Respondent: Shri ON Hari Prasada Rao, DR
Section 143(2)Section 14ASection 80I

capital & reserves and surplus). 2. The understanding of the Hon’ble CIT(A) wrt Circular No.5 of 2014 dated 11/02/2014 is wrong. 3. The CIT(A) is wrong in relying on the explanaiton to FA 2022 below section 14A as the same is prospective in nature. 4. The CIT(A) ought to have appreciated that the AO erred in making

THE DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-1, , KAKINADA vs. KPR AGROCHEM LIMITED, BALABHADRAPURAM

In the result, appeals filed by the revenue in I

ITA 81/VIZ/2021[2017-18]Status: DisposedITAT Visakhapatnam15 Jun 2023AY 2017-18

Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकर अपील सं./I.T.A.No.80/Viz/2021 & 81/Viz/2021 (ननधधारण वर्ा / Assessment Year : 2016-17 & 2017-18) Dy.Commissioner Of Income Tax Vs. M/S K.P.R.Agrochem Ltd Circle-1 D.No.8-256, Tata Nagar Kakinada Balabhadrapuram East Godavari [Pan : Aadck0257B] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent) आयकर अपील सं./I.T.A.No.221/Viz/2022 To 223/Viz/2022 (ननधधारण वर्ा / Assessment Year : 2013-14, 2014-15 & 2015-16) M/S K.P.R.Agrochem Ltd Vs. Dy.Commissioner Of D.No.8-256, Tata Nagar Income Tax Balabhadrapuram Circle-1 East Godavari Kakinada [Pan : Aadck0257B] अपीलधथी की ओर से/ Appellant By : Shri G.V.N.Hari, Ar Shri A.Chakradhar, Ar प्रत्यधथी की ओर से / Respondent By : Shri On Hari Prasada Rao, Dr सुनवधई की तधरीख / Date Of Hearing : 20.03.2023 घोर्णध की तधरीख/Date Of Pronouncement : 15.06.2023 आदेश /O R D E R Per Shri Duvvuru Rl Reddy:

For Appellant: Shri G.V.N.Hari, ARFor Respondent: Shri ON Hari Prasada Rao, DR
Section 143(2)Section 14ASection 80I

capital & reserves and surplus). 2. The understanding of the Hon’ble CIT(A) wrt Circular No.5 of 2014 dated 11/02/2014 is wrong. 3. The CIT(A) is wrong in relying on the explanaiton to FA 2022 below section 14A as the same is prospective in nature. 4. The CIT(A) ought to have appreciated that the AO erred in making

THE DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-1,, KAKINADA vs. KPR AGROCHEM LIMITED, BALABHADRAPURAM

In the result, appeals filed by the revenue in I

ITA 80/VIZ/2021[2016-17]Status: DisposedITAT Visakhapatnam15 Jun 2023AY 2016-17

Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकर अपील सं./I.T.A.No.80/Viz/2021 & 81/Viz/2021 (ननधधारण वर्ा / Assessment Year : 2016-17 & 2017-18) Dy.Commissioner Of Income Tax Vs. M/S K.P.R.Agrochem Ltd Circle-1 D.No.8-256, Tata Nagar Kakinada Balabhadrapuram East Godavari [Pan : Aadck0257B] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent) आयकर अपील सं./I.T.A.No.221/Viz/2022 To 223/Viz/2022 (ननधधारण वर्ा / Assessment Year : 2013-14, 2014-15 & 2015-16) M/S K.P.R.Agrochem Ltd Vs. Dy.Commissioner Of D.No.8-256, Tata Nagar Income Tax Balabhadrapuram Circle-1 East Godavari Kakinada [Pan : Aadck0257B] अपीलधथी की ओर से/ Appellant By : Shri G.V.N.Hari, Ar Shri A.Chakradhar, Ar प्रत्यधथी की ओर से / Respondent By : Shri On Hari Prasada Rao, Dr सुनवधई की तधरीख / Date Of Hearing : 20.03.2023 घोर्णध की तधरीख/Date Of Pronouncement : 15.06.2023 आदेश /O R D E R Per Shri Duvvuru Rl Reddy:

For Appellant: Shri G.V.N.Hari, ARFor Respondent: Shri ON Hari Prasada Rao, DR
Section 143(2)Section 14ASection 80I

capital & reserves and surplus). 2. The understanding of the Hon’ble CIT(A) wrt Circular No.5 of 2014 dated 11/02/2014 is wrong. 3. The CIT(A) is wrong in relying on the explanaiton to FA 2022 below section 14A as the same is prospective in nature. 4. The CIT(A) ought to have appreciated that the AO erred in making