BharatTax.net
SearchITATHigh CourtsSupreme CourtPhrasesAI ResearchHistory

Filters

BharatTax.net

Free search engine for ITAT (Income Tax Appellate Tribunal) judgments across all 28 benches in India.

Quick Links

  • Search Judgments
  • Browse by Bench
  • Recent Judgments

About

BharatTax provides free access to Income Tax Appellate Tribunal orders for legal research and reference.

© 2026 BharatTax.net. All rights reserved.

43 results for “capital gains”+ Section 260clear

Sorted by relevance

Mumbai655Delhi409Karnataka346Bangalore240Chennai164Jaipur100Kolkata81Ahmedabad72Hyderabad64Calcutta52Telangana51Pune45Visakhapatnam43Chandigarh30Lucknow24Indore21Cuttack19Nagpur19Cochin18Rajkot17SC15Surat15Agra10Dehradun9Amritsar8Varanasi8Raipur8Jodhpur7Patna6Allahabad3Andhra Pradesh2Punjab & Haryana2Rajasthan2Jabalpur2Guwahati2ANIL R. DAVE SHIVA KIRTI SINGH1Himachal Pradesh1Panaji1A.K. SIKRI N.V. RAMANA1Orissa1

Key Topics

Condonation of Delay26Section 2639Section 143(3)7Section 56(2)(vii)7Section 271A6Addition to Income5Section 132(4)3Section 56(2)(x)3Section 271(1)(c)

HARESH KUMAR LALWANI,VIZIANAGARAM vs. THE PRINCIPAL COMMISSIONER OF INCOME TAX-1, VISHAKHAPATNAM

In the result, appeal of the assessee is allowed

ITA 264/VIZ/2025[2021-22]Status: DisposedITAT Visakhapatnam17 Jun 2025AY 2021-22

Bench: Shri V. Durga Rao, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकर अपीलसं./I.T.A. No.264/Viz/2025 (निर्धारण वर्ा/ Assessment Year: 2021-22) Haresh Kumar Lalwani V. Pr.Cit -1 22-1-22, Ambati Satram Junction Aayakar Bhavan, Daba Gardens Vizianagaram – 535002 Visakhapatnam – 530020 Andhra Pradesh Andhra Pradesh [Pan: Aaqpt9248P] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent)

Section 143(3)Section 263Section 56(2)(x)Section 69A

260/ which includes long term capital gains of Rs. 8,19,153/- and income from house property of Rs. 3,26,665/-. Subsequently, the case of the assessee was selected for scrutiny in respect of cash deposits and purchase of immovable property and the Ld. AO has completed the assessment under section

Showing 1–20 of 43 · Page 1 of 3

3
Capital Gains3
Section 153C2
Long Term Capital Gains2

SARNALA SAYABABU,GUNTUR vs. THE INCOME TAX OFFICER, WARD-2(3), , GUNTUR

In the result, appeal of the asseseee is allowed

ITA 98/VIZ/2021[2016-+17]Status: DisposedITAT Visakhapatnam11 May 2022

Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकर अऩीऱ सं./ I.T.A. No.98/Viz/2021 (ननधधारण वषा / Assessment Year : 2016-17) Sarnala Sayababu, Vs. Income Tax Officer, Guntur. Ward-2(3), Pan: Aheps 0990 A Guntur. (अऩीऱधथी/ Appellant) (प्रत्यथी/ Respondent) अऩीऱधथी की ओर से/ Appellant By : Sri Gvn Hari प्रत्यधथी की ओर से / Respondent By : Sri Mn Murthy Naik, Cit-Dr

For Appellant: Sri GVN HariFor Respondent: Sri MN Murthy Naik, CIT-DR
Section 143(1)Section 143(3)Section 263Section 3Section 5

capital gains‟ without giving the benefit of indexation of cost of acquisition. 6. Any other ground that may be urged at the time of appeal hearing.” 3. Brief facts of the case are that the assessee is an individual deriving income from house property & business filed his return of income declaring total income of Rs.8,08,260/- after claiming deduction

KUMAR PAPPU SINGH,TANUKU vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-1, , ELURU

In the result, appeal of the assessee is allowed

ITA 270/VIZ/2018[2013-14]Status: DisposedITAT Visakhapatnam07 Dec 2018AY 2013-14

Bench: Shri V. Durga Rao& Shri D.S. Sunder Singhआयकर अपील सं./I.T.A.No.270/Viz/2018 (धििाारण िर्ा/Assessment Year:2013-2014) Sri Kumar Pappu Singh Vs. Dy.Commissioner Of D.No.23-3-26, Sundaram Nagar Income Tax, Sajjapuram Circle-1, Kks Towers, Tanuku Rr Pet, Eluru [Pan : Aeepp2496P] Andhra Pradesh (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent)

For Appellant: Shri K.C.Devdas, ARFor Respondent: Shri D.K.Sonowal, CIT DR
Section 143(3)Section 263Section 56(2)(vii)

capital of the company. Hence, the Ld.Pr.CIT found that the aggregate fair market value of the shares that exceeded the consideration paid is chargeable to tax u/s 56(2)(vii)(c) of the Act and found that the AO has not examined the issue during the assessment proceedings. Therefore issued show cause notice and called for the explanation

ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-4(1),, VISAKHAPATNAM vs. SRI Y VENKANA CHOUDARY,, VISAKHAPATNAM

In the result, appeal filed by the Revenue as well as the cross objection filed by the assessee are partly allowed

ITA 272/VIZ/2018[2014-2015]Status: DisposedITAT Visakhapatnam26 Sept 2019AY 2014-2015

Bench: Shri V. Durga Rao, Hon’Ble & Shri D.S. Sunder Singh, Hon’Bleacit, Circle-4(1), Vs. Y. Venkanna Choudary, Visakhapatnam. D.No. 1-1-2, C/O Anuradha Auto Centre, Sheela Nagar, Nh-5, Visakhapatnam. Pan No. Aanpy 3003 G (Appellant) (Respondent) C.O.No. 108/Viz/2019 (Arising Out Of Ita No. 272/Viz/2018) (Asst. Year : 2014-15) Y. Venkanna Choudary, Vs. Acit, Circle-4(1), D.No. 1-1-2, C/O Anuradha Visakhapatnam. Auto Centre, Sheela Nagar, Nh-5, Visakhapatnam. Pan No. Aanpy 3003 G (Appellant) (Respondent)

For Appellant: Shri G.V.N. Hari – AdvocateFor Respondent: Shri D.K. Sonawal – CIT DR
Section 56(2)(vii)

260 shares once the shares are allotted. Therefore, it would be appropriate to value the share by considering the position after the allotment of shares. Before the allotment of shares, the shares were not received by the appellant. It is only after the allotment of shares that the appellant received the shares and valuation as per Rule 11UA is triggered

KANUMURI SIVA RAMA RAJU,VIJAYAWADA vs. THE ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE,, VIJAYAWADA

In the result, appeals of the assessees are allowed

ITA 709/VIZ/2019[2011-12]Status: DisposedITAT Visakhapatnam27 Apr 2021AY 2011-12

Bench: Shri N.K.Choudhry, Hon’Ble & Shri D.S. Sunder Singh, Hon’Bleआयकरअपीऱसं./I.T.A.No.704/Viz/2019 To 706/Viz/2019 (निर्धारणवर्ा/Assessment Year:2009-10 To 2011-12) Smt.Samanthapudi Lavanya Vs. Asst.Commissioner Of D.No.5-1033-1, Vijayawada Road Income Tax Hanuman Junction, Central Circle Bapulapadu Mandal Vijayawada Krishna Dist. [Pan : Cnbps7658N]

260 S.Raja Ramesh 2,02,490 K.Lakshmi Uma 1,49,400 K.Prasad 2,39,992 K.Bhaskara Raju 5,84,880 K.Siva Rama Raju 2,69,050 S.Lavanya 1,09,620 K.Krishna Kumari 1,30,450 4.2 The assessee along with 8 other family members( in short’ land owners’)have entered into development agreement dated 01.12.2007 with M/s Navya Constructions

KUNUMURI KRISHNA KUMARI,BAPULAPADU MANDAL vs. THE ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE,, VIJAYAWADA

In the result, appeals of the assessees are allowed

ITA 710/VIZ/2019[2009-10]Status: DisposedITAT Visakhapatnam27 Apr 2021AY 2009-10

Bench: Shri N.K.Choudhry, Hon’Ble & Shri D.S. Sunder Singh, Hon’Bleआयकरअपीऱसं./I.T.A.No.704/Viz/2019 To 706/Viz/2019 (निर्धारणवर्ा/Assessment Year:2009-10 To 2011-12) Smt.Samanthapudi Lavanya Vs. Asst.Commissioner Of D.No.5-1033-1, Vijayawada Road Income Tax Hanuman Junction, Central Circle Bapulapadu Mandal Vijayawada Krishna Dist. [Pan : Cnbps7658N]

260 S.Raja Ramesh 2,02,490 K.Lakshmi Uma 1,49,400 K.Prasad 2,39,992 K.Bhaskara Raju 5,84,880 K.Siva Rama Raju 2,69,050 S.Lavanya 1,09,620 K.Krishna Kumari 1,30,450 4.2 The assessee along with 8 other family members( in short’ land owners’)have entered into development agreement dated 01.12.2007 with M/s Navya Constructions

KUNUMURI KRISHNA KUMARI,BAPULAPADU MANDAL vs. THE ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE,, VIJAYAWADA

In the result, appeals of the assessees are allowed

ITA 711/VIZ/2019[2010-11]Status: DisposedITAT Visakhapatnam27 Apr 2021AY 2010-11

Bench: Shri N.K.Choudhry, Hon’Ble & Shri D.S. Sunder Singh, Hon’Bleआयकरअपीऱसं./I.T.A.No.704/Viz/2019 To 706/Viz/2019 (निर्धारणवर्ा/Assessment Year:2009-10 To 2011-12) Smt.Samanthapudi Lavanya Vs. Asst.Commissioner Of D.No.5-1033-1, Vijayawada Road Income Tax Hanuman Junction, Central Circle Bapulapadu Mandal Vijayawada Krishna Dist. [Pan : Cnbps7658N]

260 S.Raja Ramesh 2,02,490 K.Lakshmi Uma 1,49,400 K.Prasad 2,39,992 K.Bhaskara Raju 5,84,880 K.Siva Rama Raju 2,69,050 S.Lavanya 1,09,620 K.Krishna Kumari 1,30,450 4.2 The assessee along with 8 other family members( in short’ land owners’)have entered into development agreement dated 01.12.2007 with M/s Navya Constructions

KANUMURI PRASAD,BAPULAPADU MANDAL vs. THE ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE,, VIJAYAWADA

In the result, appeals of the assessees are allowed

ITA 715/VIZ/2019[2011-12]Status: DisposedITAT Visakhapatnam27 Apr 2021AY 2011-12

Bench: Shri N.K.Choudhry, Hon’Ble & Shri D.S. Sunder Singh, Hon’Bleआयकरअपीऱसं./I.T.A.No.704/Viz/2019 To 706/Viz/2019 (निर्धारणवर्ा/Assessment Year:2009-10 To 2011-12) Smt.Samanthapudi Lavanya Vs. Asst.Commissioner Of D.No.5-1033-1, Vijayawada Road Income Tax Hanuman Junction, Central Circle Bapulapadu Mandal Vijayawada Krishna Dist. [Pan : Cnbps7658N]

260 S.Raja Ramesh 2,02,490 K.Lakshmi Uma 1,49,400 K.Prasad 2,39,992 K.Bhaskara Raju 5,84,880 K.Siva Rama Raju 2,69,050 S.Lavanya 1,09,620 K.Krishna Kumari 1,30,450 4.2 The assessee along with 8 other family members( in short’ land owners’)have entered into development agreement dated 01.12.2007 with M/s Navya Constructions

SAMANTHAPUDI LAVANYA,VIJAYAWADA vs. THE ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE,, VIJAYAWADA

In the result, appeals of the assessees are allowed

ITA 705/VIZ/2019[2010-11]Status: DisposedITAT Visakhapatnam27 Apr 2021AY 2010-11

Bench: Shri N.K.Choudhry, Hon’Ble & Shri D.S. Sunder Singh, Hon’Bleआयकरअपीऱसं./I.T.A.No.704/Viz/2019 To 706/Viz/2019 (निर्धारणवर्ा/Assessment Year:2009-10 To 2011-12) Smt.Samanthapudi Lavanya Vs. Asst.Commissioner Of D.No.5-1033-1, Vijayawada Road Income Tax Hanuman Junction, Central Circle Bapulapadu Mandal Vijayawada Krishna Dist. [Pan : Cnbps7658N]

260 S.Raja Ramesh 2,02,490 K.Lakshmi Uma 1,49,400 K.Prasad 2,39,992 K.Bhaskara Raju 5,84,880 K.Siva Rama Raju 2,69,050 S.Lavanya 1,09,620 K.Krishna Kumari 1,30,450 4.2 The assessee along with 8 other family members( in short’ land owners’)have entered into development agreement dated 01.12.2007 with M/s Navya Constructions

KANUMURI LAKSHMI UMA KATYAINI ,BAPULAPADU MANDAL vs. THE ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE,, VIJAYAWADA

In the result, appeals of the assessees are allowed

ITA 716/VIZ/2019[2009-10]Status: DisposedITAT Visakhapatnam27 Apr 2021AY 2009-10

Bench: Shri N.K.Choudhry, Hon’Ble & Shri D.S. Sunder Singh, Hon’Bleआयकरअपीऱसं./I.T.A.No.704/Viz/2019 To 706/Viz/2019 (निर्धारणवर्ा/Assessment Year:2009-10 To 2011-12) Smt.Samanthapudi Lavanya Vs. Asst.Commissioner Of D.No.5-1033-1, Vijayawada Road Income Tax Hanuman Junction, Central Circle Bapulapadu Mandal Vijayawada Krishna Dist. [Pan : Cnbps7658N]

260 S.Raja Ramesh 2,02,490 K.Lakshmi Uma 1,49,400 K.Prasad 2,39,992 K.Bhaskara Raju 5,84,880 K.Siva Rama Raju 2,69,050 S.Lavanya 1,09,620 K.Krishna Kumari 1,30,450 4.2 The assessee along with 8 other family members( in short’ land owners’)have entered into development agreement dated 01.12.2007 with M/s Navya Constructions

KANUMURI LAKSHMI UMA KATYAINI ,BAPULAPADU MANDAL vs. THE ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE,, VIJAYAWADA

In the result, appeals of the assessees are allowed

ITA 717/VIZ/2019[2010-11]Status: DisposedITAT Visakhapatnam27 Apr 2021AY 2010-11

Bench: Shri N.K.Choudhry, Hon’Ble & Shri D.S. Sunder Singh, Hon’Bleआयकरअपीऱसं./I.T.A.No.704/Viz/2019 To 706/Viz/2019 (निर्धारणवर्ा/Assessment Year:2009-10 To 2011-12) Smt.Samanthapudi Lavanya Vs. Asst.Commissioner Of D.No.5-1033-1, Vijayawada Road Income Tax Hanuman Junction, Central Circle Bapulapadu Mandal Vijayawada Krishna Dist. [Pan : Cnbps7658N]

260 S.Raja Ramesh 2,02,490 K.Lakshmi Uma 1,49,400 K.Prasad 2,39,992 K.Bhaskara Raju 5,84,880 K.Siva Rama Raju 2,69,050 S.Lavanya 1,09,620 K.Krishna Kumari 1,30,450 4.2 The assessee along with 8 other family members( in short’ land owners’)have entered into development agreement dated 01.12.2007 with M/s Navya Constructions

KANUMURI LAKSHMI UMA KATYAINI ,BAPULAPADU MANDAL vs. THE ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE,, VIJAYAWADA

In the result, appeals of the assessees are allowed

ITA 718/VIZ/2019[2011-12]Status: DisposedITAT Visakhapatnam27 Apr 2021AY 2011-12

Bench: Shri N.K.Choudhry, Hon’Ble & Shri D.S. Sunder Singh, Hon’Bleआयकरअपीऱसं./I.T.A.No.704/Viz/2019 To 706/Viz/2019 (निर्धारणवर्ा/Assessment Year:2009-10 To 2011-12) Smt.Samanthapudi Lavanya Vs. Asst.Commissioner Of D.No.5-1033-1, Vijayawada Road Income Tax Hanuman Junction, Central Circle Bapulapadu Mandal Vijayawada Krishna Dist. [Pan : Cnbps7658N]

260 S.Raja Ramesh 2,02,490 K.Lakshmi Uma 1,49,400 K.Prasad 2,39,992 K.Bhaskara Raju 5,84,880 K.Siva Rama Raju 2,69,050 S.Lavanya 1,09,620 K.Krishna Kumari 1,30,450 4.2 The assessee along with 8 other family members( in short’ land owners’)have entered into development agreement dated 01.12.2007 with M/s Navya Constructions

SAMANTHAPUDI RAJA RAMESH,BAPULAPADU MANDAL vs. THE ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE, VIJAYAWADA

In the result, appeals of the assessees are allowed

ITA 719/VIZ/2019[2009-10]Status: DisposedITAT Visakhapatnam27 Apr 2021AY 2009-10

Bench: Shri N.K.Choudhry, Hon’Ble & Shri D.S. Sunder Singh, Hon’Bleआयकरअपीऱसं./I.T.A.No.704/Viz/2019 To 706/Viz/2019 (निर्धारणवर्ा/Assessment Year:2009-10 To 2011-12) Smt.Samanthapudi Lavanya Vs. Asst.Commissioner Of D.No.5-1033-1, Vijayawada Road Income Tax Hanuman Junction, Central Circle Bapulapadu Mandal Vijayawada Krishna Dist. [Pan : Cnbps7658N]

260 S.Raja Ramesh 2,02,490 K.Lakshmi Uma 1,49,400 K.Prasad 2,39,992 K.Bhaskara Raju 5,84,880 K.Siva Rama Raju 2,69,050 S.Lavanya 1,09,620 K.Krishna Kumari 1,30,450 4.2 The assessee along with 8 other family members( in short’ land owners’)have entered into development agreement dated 01.12.2007 with M/s Navya Constructions

SAMANTHAPUDI RAJA RAMESH ,BAPULAPADU MANDAL vs. THE ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE, VIJAYAWADA

In the result, appeals of the assessees are allowed

ITA 720/VIZ/2019[2010-11]Status: DisposedITAT Visakhapatnam27 Apr 2021AY 2010-11

Bench: Shri N.K.Choudhry, Hon’Ble & Shri D.S. Sunder Singh, Hon’Bleआयकरअपीऱसं./I.T.A.No.704/Viz/2019 To 706/Viz/2019 (निर्धारणवर्ा/Assessment Year:2009-10 To 2011-12) Smt.Samanthapudi Lavanya Vs. Asst.Commissioner Of D.No.5-1033-1, Vijayawada Road Income Tax Hanuman Junction, Central Circle Bapulapadu Mandal Vijayawada Krishna Dist. [Pan : Cnbps7658N]

260 S.Raja Ramesh 2,02,490 K.Lakshmi Uma 1,49,400 K.Prasad 2,39,992 K.Bhaskara Raju 5,84,880 K.Siva Rama Raju 2,69,050 S.Lavanya 1,09,620 K.Krishna Kumari 1,30,450 4.2 The assessee along with 8 other family members( in short’ land owners’)have entered into development agreement dated 01.12.2007 with M/s Navya Constructions

KANUMURI BHASKARA RAJU,,BAPULAPADU MANDAL vs. THE THE ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE,, VIJAYAWADA

In the result, appeals of the assessees are allowed

ITA 74/VIZ/2020[2010-11]Status: DisposedITAT Visakhapatnam27 Apr 2021AY 2010-11

Bench: Shri N.K.Choudhry, Hon’Ble & Shri D.S. Sunder Singh, Hon’Bleआयकरअपीऱसं./I.T.A.No.704/Viz/2019 To 706/Viz/2019 (निर्धारणवर्ा/Assessment Year:2009-10 To 2011-12) Smt.Samanthapudi Lavanya Vs. Asst.Commissioner Of D.No.5-1033-1, Vijayawada Road Income Tax Hanuman Junction, Central Circle Bapulapadu Mandal Vijayawada Krishna Dist. [Pan : Cnbps7658N]

260 S.Raja Ramesh 2,02,490 K.Lakshmi Uma 1,49,400 K.Prasad 2,39,992 K.Bhaskara Raju 5,84,880 K.Siva Rama Raju 2,69,050 S.Lavanya 1,09,620 K.Krishna Kumari 1,30,450 4.2 The assessee along with 8 other family members( in short’ land owners’)have entered into development agreement dated 01.12.2007 with M/s Navya Constructions

KANUMURI PRASAD,BAPULAPADU MANDAL vs. THE ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE,, VIJAYAWADA

In the result, appeals of the assessees are allowed

ITA 713/VIZ/2019[2009-10]Status: DisposedITAT Visakhapatnam27 Apr 2021AY 2009-10

Bench: Shri N.K.Choudhry, Hon’Ble & Shri D.S. Sunder Singh, Hon’Bleआयकरअपीऱसं./I.T.A.No.704/Viz/2019 To 706/Viz/2019 (निर्धारणवर्ा/Assessment Year:2009-10 To 2011-12) Smt.Samanthapudi Lavanya Vs. Asst.Commissioner Of D.No.5-1033-1, Vijayawada Road Income Tax Hanuman Junction, Central Circle Bapulapadu Mandal Vijayawada Krishna Dist. [Pan : Cnbps7658N]

260 S.Raja Ramesh 2,02,490 K.Lakshmi Uma 1,49,400 K.Prasad 2,39,992 K.Bhaskara Raju 5,84,880 K.Siva Rama Raju 2,69,050 S.Lavanya 1,09,620 K.Krishna Kumari 1,30,450 4.2 The assessee along with 8 other family members( in short’ land owners’)have entered into development agreement dated 01.12.2007 with M/s Navya Constructions

KANUMURI LAKSHMI SIRISHA ,BAPULAPADU MANDAL vs. THE ASSISTANT COMMISSIONER OF I NCOME TAX, CENTRAL CIRCLE,, VIJAYAWADA

In the result, appeals of the assessees are allowed

ITA 724/VIZ/2019[2010-011]Status: DisposedITAT Visakhapatnam27 Apr 2021AY 2010-011

Bench: Shri N.K.Choudhry, Hon’Ble & Shri D.S. Sunder Singh, Hon’Bleआयकरअपीऱसं./I.T.A.No.704/Viz/2019 To 706/Viz/2019 (निर्धारणवर्ा/Assessment Year:2009-10 To 2011-12) Smt.Samanthapudi Lavanya Vs. Asst.Commissioner Of D.No.5-1033-1, Vijayawada Road Income Tax Hanuman Junction, Central Circle Bapulapadu Mandal Vijayawada Krishna Dist. [Pan : Cnbps7658N]

260 S.Raja Ramesh 2,02,490 K.Lakshmi Uma 1,49,400 K.Prasad 2,39,992 K.Bhaskara Raju 5,84,880 K.Siva Rama Raju 2,69,050 S.Lavanya 1,09,620 K.Krishna Kumari 1,30,450 4.2 The assessee along with 8 other family members( in short’ land owners’)have entered into development agreement dated 01.12.2007 with M/s Navya Constructions

SAMANTHAPUDI LAVANYA,VIJAYAWADA vs. THE ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE, , VIJAYAWADA

In the result, appeals of the assessees are allowed

ITA 704/VIZ/2019[2009-10]Status: DisposedITAT Visakhapatnam27 Apr 2021AY 2009-10

Bench: Shri N.K.Choudhry, Hon’Ble & Shri D.S. Sunder Singh, Hon’Bleआयकरअपीऱसं./I.T.A.No.704/Viz/2019 To 706/Viz/2019 (निर्धारणवर्ा/Assessment Year:2009-10 To 2011-12) Smt.Samanthapudi Lavanya Vs. Asst.Commissioner Of D.No.5-1033-1, Vijayawada Road Income Tax Hanuman Junction, Central Circle Bapulapadu Mandal Vijayawada Krishna Dist. [Pan : Cnbps7658N]

260 S.Raja Ramesh 2,02,490 K.Lakshmi Uma 1,49,400 K.Prasad 2,39,992 K.Bhaskara Raju 5,84,880 K.Siva Rama Raju 2,69,050 S.Lavanya 1,09,620 K.Krishna Kumari 1,30,450 4.2 The assessee along with 8 other family members( in short’ land owners’)have entered into development agreement dated 01.12.2007 with M/s Navya Constructions

KANUMURI SIVA RAMA RAJU,VIJAYAWADA vs. THE ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE,, VIJAYAWADA

In the result, appeals of the assessees are allowed

ITA 707/VIZ/2019[2009-10]Status: DisposedITAT Visakhapatnam27 Apr 2021AY 2009-10

Bench: Shri N.K.Choudhry, Hon’Ble & Shri D.S. Sunder Singh, Hon’Bleआयकरअपीऱसं./I.T.A.No.704/Viz/2019 To 706/Viz/2019 (निर्धारणवर्ा/Assessment Year:2009-10 To 2011-12) Smt.Samanthapudi Lavanya Vs. Asst.Commissioner Of D.No.5-1033-1, Vijayawada Road Income Tax Hanuman Junction, Central Circle Bapulapadu Mandal Vijayawada Krishna Dist. [Pan : Cnbps7658N]

260 S.Raja Ramesh 2,02,490 K.Lakshmi Uma 1,49,400 K.Prasad 2,39,992 K.Bhaskara Raju 5,84,880 K.Siva Rama Raju 2,69,050 S.Lavanya 1,09,620 K.Krishna Kumari 1,30,450 4.2 The assessee along with 8 other family members( in short’ land owners’)have entered into development agreement dated 01.12.2007 with M/s Navya Constructions

KANUMURI LAKSHMI SIRISHA ,BAPULAPADU MANDAL vs. THE ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE,, VIJAYAWADA

In the result, appeals of the assessees are allowed

ITA 723/VIZ/2019[2010-11]Status: DisposedITAT Visakhapatnam27 Apr 2021AY 2010-11

Bench: Shri N.K.Choudhry, Hon’Ble & Shri D.S. Sunder Singh, Hon’Bleआयकरअपीऱसं./I.T.A.No.704/Viz/2019 To 706/Viz/2019 (निर्धारणवर्ा/Assessment Year:2009-10 To 2011-12) Smt.Samanthapudi Lavanya Vs. Asst.Commissioner Of D.No.5-1033-1, Vijayawada Road Income Tax Hanuman Junction, Central Circle Bapulapadu Mandal Vijayawada Krishna Dist. [Pan : Cnbps7658N]

260 S.Raja Ramesh 2,02,490 K.Lakshmi Uma 1,49,400 K.Prasad 2,39,992 K.Bhaskara Raju 5,84,880 K.Siva Rama Raju 2,69,050 S.Lavanya 1,09,620 K.Krishna Kumari 1,30,450 4.2 The assessee along with 8 other family members( in short’ land owners’)have entered into development agreement dated 01.12.2007 with M/s Navya Constructions