THE DISTRICT COOP CENTRAL BANK LTD,KAKINADA vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-1, KAKINADA

In the result appeals of the assessee are allowed for statistical purpose

Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकर अपील सं./I.T.A.No.38/Viz/2023 & 39/Viz/2023 (ननधधारण वर्ा / Assessment Year : 2014-15 & 2018-19) District Coop Central Bank Ltd. Vs. Asst.Commissoner Of D.No.70-1-28/1 Income Tax Nagamallithota Junction Circle-1 Pithapuram Road Kakinada Kakinada [Pan : Aaaat 4266G] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent) अपीलधथी की ओर से/ Appellant By : Shri G.V.N.Hari, Ar प्रत्यधथी की ओर से / Respondent By : Shri On Hari Prasada Rao, Dr सुनवधई की तधरीख / Date Of Hearing : 24.04.2023 घोर्णध की तधरीख/Date Of Pronouncement 23.05.2023 : आदेश /O R D E R Per Shri Duvvuru Rl Reddy: These Appeals Are Filed By The Assessee Against The Orders Of Commissioner Of Income Tax (Appeals), National Faceless Appeal Centre (Nfac), Delhi In Din & Order No. Itba/Nfac/S/250/2022- 23/1048029461(1) Dated 15.12.2022 & Itba/Nfac/S/250/2022- 23/1048317778(1) Dated 29.12.2022 For The Assessment Year (A.Y.) 2014-15 & 2018-19, Arising Out Of The Assessment Orders Passed By The Assessing Officer (Ao) U/S 143(3) Of The Income Tax Act, 1961 (In Short

depreciation as there was short claim on part of the appellant to the extent of this amount. 4.The learned Commissioner of Income Tax (Appeals) ought to have directed the assessing officer to restrict the disallowance of Rs.80,03,643 made u/s 40(a) (ia) of the Act to 30% of the amount in view of the amendment made to S.40

VINTA LABORATORIES PVT LTD,VISHAKHAPATNAM vs. DCIT CIRCLE 3(1), VISAKHAPATNAM

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

Bench: Shri Ravish Sood, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकर अपीलसं./I.T.A.No.467/Viz/2025 (निर्धारण वर्ा/ Assessment Year: 2021-22) Vs. Dcit – Circle – 3(1) Vinta Laboratories Private Limited Plot No. 23-D, Apsez- De-Notified Area 1St Floor, Infinity Towers Apiic Rambilli Mandal D.No. 50-92-34/1/1 Visakhapatnam – 531011 Sankarmatham Road Andhra Pradesh Resapuvanipalem, Shanthipuram Visakhapatnam – 530016 [Pan:Aarcs7889P] Andhra Pradesh (अपीलधर्थी/Appellant) (प्रत्यर्थी/Respondent) करदाता का प्रतततितित्व/ Assessee Represented By : Shri N.R. Agrawal, Ca राजस्व का प्रतततितित्व/ Department Represented By : Dr.Aparna Villuri, Sr. Ar

depreciation Rs. 3,99,24,824/- & Interest paid to Banks Rs. 2,82,95,559/-.” 7. At the outset, Ld. Authorised Representative [hereinafter “Ld.AR”] submitted that the Ld. CIT(A) has passed the order without providing sufficient opportunities to the assessee. Ld.AR contended that the Ld. CIT(A) has wrongly communicated notices to the old e-mail

THE DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-3(1), VISAKHAPATNAM vs. PRATHYUSHA GLOBAL TRADE PRIVATE LIMITED, VISAKHAPATNAM

In the result, appeal filed by the Revenue is partly allowed and the petition filed by assessee under Rule 27 of the ITAT Rules is dismissed

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

natural justice and in order to provide one more opportunity to the asessee, the order dated 8/3/2023 was recalled by the Tribunal. 3. Briefly stated the facts of the case are that the assessee- company is engaged in the business of growing prawns and selling them. The assessee filed its return of income on 29/02/2011 admitting a total income

RANAR AGROCHEM LIMITED,PARAWADA vs. DEPUTY COMMISSIONER OF INCOME TAX, VISAKHAPATNAM

Bench: Shri Manjunatha G. & Shri Ravish Soodआ.अपी.सं /Ita No.288/Viz/2024 (िनधा"रण वष"/Assessment Year:2014-15) Ranar Agrochem Limited, Vs. Deputy Commissioner Visakhapatnam. Of Income Tax, Visakhapatnam. Pan: Aaccp0372M (Appellant) (Respondent) िनधा""रती "ारा/Assessee By: Shri M. Madhusudan, Ca (Hybrid) राज" व "ारा/Revenue By: Sri Jenardhanan V, Cit-Dr सुनवाई की तारीख/Date Of Hearing: 14/10/2025 घोषणा की तारीख/Date Of 31/10/2025 Pronouncement: आदेश / Order Per. Ravish Sood, J.M: The Present Appeal Filed By The Assessee Company Is Directed Against The Order Passed By The Commissioner Of Income-Tax (Appeals), National Faceless Appeal Center (Nfac), Delhi, Dated 15/05/2024, 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 30/12/2016 For A.Y.

depreciation of Rs.6,63,63,807/-against the addition under Sec.68 r.w.s. 115BBE(2) of the Act may be allowed in the interest of equity the assessed income of Rs.3,47,97,000/- which also included and justice and also to be in conformity with enacted law and also judge made law. 6. In the facts and circumstances

ASHRAM EDUCATIONAL SOCIETY,KAKINADA vs. INCOME TAX OFFICER, WARD-1, KAKINADA

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

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

Depreciation, Interest and Taxes) ratio in specific business code and turnover range where deficiency is reported in audit report”. Further, it was also observed that the ratio of PBDIT to turnover is abnormally low. Therefore, During the assessment proceedings, the assessee was called for to furnish the relevant information and its reply. The assessee has submitted their reply

ASHOK RUDRARAJU,VISAKHAPATNAM vs. INCOME-TAX OFFICER,WARD-2(5), VISAKHAPATNAM

In the result, the appeal filed by the assessee is allowed in terms of our aforesaid observations

Bench: Shri Manjunatha G. & Shri Ravish Soodआ.अपी.सं /Ita No. 439/Viz/2025 (निर्धारण वर्ा/Assessment Year: 2016-17) Ashok Rudraraju, Vs. Income Tax Officer, Visakhapatnam. Ward-2(5), Visakhapatnam. Pan: Aqvpr4058L

justice and take into account any further submissions which it has to file during the course of the said proceedings. The AO should also conduct all necessary enquiries to verify the submissions filed by the appellant. The appellant is also directed to comply with all the notices/correspondences issued by the AO. 6.6 Ground No. 6 to 8 are general

MALIPEDDI GIRIDHAR,AMALAPURAM vs. THE ASSTISTANT COMMISSIONER OF INCOME TAX, CIRCLE-1, KAKINADA

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

Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकर अपील सं./I.T.A.No.169/Viz/2024 (निर्धारण वर्ा/ Assessment Year: 2017-18) Malipeddi Giridhar V. The Asst. Cit- Circle-1 Income Tax Office D.No.7-1-20, Mgr Mall Deepthi Towers Tk Street, High School Road Main Road, Kakinada - 533001 East Godavari District – 533201 Andhra Pradesh Andhra Pradesh [Pan: Amhpm0210B] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent) करदाता का प्रतततितित्व/ Assessee Represented By : Shri Gvn Hari, Ar राजस्व का प्रतततितित्व/ Department Represented By : Dr. Satyasai Rath, Sr.Ar

depreciation. 7. The learned Commissioner of Income Tax (Appeals) is not justified in sustaining the addition of Rs.3,48,212 made by the assessing officer towards disallowance of gift expenditure. Page No. 3 I.T.A.No.169/VIZ/2024 MALIPEDDI GIRIDHAR 8. The learned Commissioner of Income Tax (Appeals) is not justified in sustaining the addition of Rs.84,990 made by the assessing officer

DONTHALA PURNACHANDRA RAO,G KONDURU vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-1(1), , VIJAWADA

In the result, appeal of the assessee is dismissed

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

natural justice. 2. On the facts and circumstances of the case and in law, the Ld. CIT(A), Vijayawada erred in directing the Assessing Officer to calculate the income at 8% on the Gross Receipts since the appellant maintained the books of accounts regularly. 3. The appellant submits that it was mentioned in the order of the Ld.AO and verification

WALTAIR TRADERS,VISAKHAPATNAM vs. NEAC, DELHI

justice.”\n12. Ground Nos. 1 and 8 are general in nature and needs no specific\nadjudication.\n13. Ground No.2 agitated by the assessee is with respect to the confirming\nthe addition as unexplained expenditure under section 69C of the Act amounting\nto Rs. 41,01,77,981/-. On this issue Ld. Authorised Representative [hereinafter\n\"Ld.AR\"] submitted that during

VISAKHAPATNAM PORT AUTHORITY,,VISAKHAPATNAM vs. THE ACIT,, VISAKHAPATNAM

In the result, CO raised by the assessee is disposed off as discussed herein above

Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकरअपीलसं./ I.T.A. No.25/Viz/2014 ("नधा"रणवष"/ Assessment Year :2010-11) Visakhapatnam Port Authority, Vs. Addl. Cit, (Formerly Known As M/S. Range-1, Visakhapatnam Port Trust) Visakhapatnam. Visakhapatnam. Pan: Aaalv0035C (अपीलाथ"/ Appellant) (""यथ"/ Respondent)

Nature of addition Amount No (Rs.) 1. Upfront premium / unexpired discounts added as 3,07,59,772 income as per para-4 2. Disallowance of excess claim of depreciation as per para 4,94,74,344 5 3. Disallowance of prior period expenditure as per para 6 1,17,61,944 4. Disallowance of donation and contribution as per para

VISAKHAPATNAM PORT AUTHORITY,,VISAKHAPATNAM vs. THE ACIT, CIRCLE - 1(1),, VISAKHAPATNAM

In the result, CO raised by the assessee is disposed off as discussed herein above

Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकरअपीलसं./ I.T.A. No.25/Viz/2014 ("नधा"रणवष"/ Assessment Year :2010-11) Visakhapatnam Port Authority, Vs. Addl. Cit, (Formerly Known As M/S. Range-1, Visakhapatnam Port Trust) Visakhapatnam. Visakhapatnam. Pan: Aaalv0035C (अपीलाथ"/ Appellant) (""यथ"/ Respondent)

Nature of addition Amount No (Rs.) 1. Upfront premium / unexpired discounts added as 3,07,59,772 income as per para-4 2. Disallowance of excess claim of depreciation as per para 4,94,74,344 5 3. Disallowance of prior period expenditure as per para 6 1,17,61,944 4. Disallowance of donation and contribution as per para

VISAKHAPATNAM PORT AUTHORITY,,VISAKHAPATNAM vs. THE ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-1(1),, VISAKHAPATNAM

In the result, CO raised by the assessee is disposed off as discussed herein above

Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकरअपीलसं./ I.T.A. No.25/Viz/2014 ("नधा"रणवष"/ Assessment Year :2010-11) Visakhapatnam Port Authority, Vs. Addl. Cit, (Formerly Known As M/S. Range-1, Visakhapatnam Port Trust) Visakhapatnam. Visakhapatnam. Pan: Aaalv0035C (अपीलाथ"/ Appellant) (""यथ"/ Respondent)

Nature of addition Amount No (Rs.) 1. Upfront premium / unexpired discounts added as 3,07,59,772 income as per para-4 2. Disallowance of excess claim of depreciation as per para 4,94,74,344 5 3. Disallowance of prior period expenditure as per para 6 1,17,61,944 4. Disallowance of donation and contribution as per para

THE ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-1(1),, VISAKHAPATNAM vs. VISAKHAPATNAM PORT AUTHORITY,, VISAKHAPATNAM

In the result, CO raised by the assessee is disposed off as discussed herein above

Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकरअपीलसं./ I.T.A. No.25/Viz/2014 ("नधा"रणवष"/ Assessment Year :2010-11) Visakhapatnam Port Authority, Vs. Addl. Cit, (Formerly Known As M/S. Range-1, Visakhapatnam Port Trust) Visakhapatnam. Visakhapatnam. Pan: Aaalv0035C (अपीलाथ"/ Appellant) (""यथ"/ Respondent)

Nature of addition Amount No (Rs.) 1. Upfront premium / unexpired discounts added as 3,07,59,772 income as per para-4 2. Disallowance of excess claim of depreciation as per para 4,94,74,344 5 3. Disallowance of prior period expenditure as per para 6 1,17,61,944 4. Disallowance of donation and contribution as per para

THE ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-1(1),, VISAKHAPATNAM vs. VISAKHAPATNAM PORT AUTHORITY, , VISAKHAPTNAM

In the result, CO raised by the assessee is disposed off as discussed herein above

Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकरअपीलसं./ I.T.A. No.25/Viz/2014 ("नधा"रणवष"/ Assessment Year :2010-11) Visakhapatnam Port Authority, Vs. Addl. Cit, (Formerly Known As M/S. Range-1, Visakhapatnam Port Trust) Visakhapatnam. Visakhapatnam. Pan: Aaalv0035C (अपीलाथ"/ Appellant) (""यथ"/ Respondent)

Nature of addition Amount No (Rs.) 1. Upfront premium / unexpired discounts added as 3,07,59,772 income as per para-4 2. Disallowance of excess claim of depreciation as per para 4,94,74,344 5 3. Disallowance of prior period expenditure as per para 6 1,17,61,944 4. Disallowance of donation and contribution as per para

VISAKHAPATNAM PORT AUTHORITY,,VISAKHAPATNAM vs. THE ACIT,, VISAKHAPATNAM

In the result, CO raised by the assessee is disposed off as discussed herein above

Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकरअपीलसं./ I.T.A. No.25/Viz/2014 ("नधा"रणवष"/ Assessment Year :2010-11) Visakhapatnam Port Authority, Vs. Addl. Cit, (Formerly Known As M/S. Range-1, Visakhapatnam Port Trust) Visakhapatnam. Visakhapatnam. Pan: Aaalv0035C (अपीलाथ"/ Appellant) (""यथ"/ Respondent)

Nature of addition Amount No (Rs.) 1. Upfront premium / unexpired discounts added as 3,07,59,772 income as per para-4 2. Disallowance of excess claim of depreciation as per para 4,94,74,344 5 3. Disallowance of prior period expenditure as per para 6 1,17,61,944 4. Disallowance of donation and contribution as per para

VISAKHAPATNAM PORT AUTHORITY,,VISAKHAPATNAM vs. THE ADDL. CIT.,, VISAKHAPATNAM

In the result, CO raised by the assessee is disposed off as discussed herein above

Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकरअपीलसं./ I.T.A. No.25/Viz/2014 ("नधा"रणवष"/ Assessment Year :2010-11) Visakhapatnam Port Authority, Vs. Addl. Cit, (Formerly Known As M/S. Range-1, Visakhapatnam Port Trust) Visakhapatnam. Visakhapatnam. Pan: Aaalv0035C (अपीलाथ"/ Appellant) (""यथ"/ Respondent)

Nature of addition Amount No (Rs.) 1. Upfront premium / unexpired discounts added as 3,07,59,772 income as per para-4 2. Disallowance of excess claim of depreciation as per para 4,94,74,344 5 3. Disallowance of prior period expenditure as per para 6 1,17,61,944 4. Disallowance of donation and contribution as per para

THE ACIT, CIRCLE - 1(1),, VISAKHAPATNAM vs. VISAKHAPATNAM PORT AUTHORITY,, VISAKHAPATNAM

In the result, CO raised by the assessee is disposed off as discussed herein above

Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकरअपीलसं./ I.T.A. No.25/Viz/2014 ("नधा"रणवष"/ Assessment Year :2010-11) Visakhapatnam Port Authority, Vs. Addl. Cit, (Formerly Known As M/S. Range-1, Visakhapatnam Port Trust) Visakhapatnam. Visakhapatnam. Pan: Aaalv0035C (अपीलाथ"/ Appellant) (""यथ"/ Respondent)

Nature of addition Amount No (Rs.) 1. Upfront premium / unexpired discounts added as 3,07,59,772 income as per para-4 2. Disallowance of excess claim of depreciation as per para 4,94,74,344 5 3. Disallowance of prior period expenditure as per para 6 1,17,61,944 4. Disallowance of donation and contribution as per para

VISAKHAPATNAM PORT AUTHORITY,,VISAKHAPATNAM vs. THE ACIT,, VISAKHAPATNAM

In the result, CO raised by the assessee is disposed off as discussed herein above

Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकरअपीलसं./ I.T.A. No.25/Viz/2014 ("नधा"रणवष"/ Assessment Year :2010-11) Visakhapatnam Port Authority, Vs. Addl. Cit, (Formerly Known As M/S. Range-1, Visakhapatnam Port Trust) Visakhapatnam. Visakhapatnam. Pan: Aaalv0035C (अपीलाथ"/ Appellant) (""यथ"/ Respondent)

Nature of addition Amount No (Rs.) 1. Upfront premium / unexpired discounts added as 3,07,59,772 income as per para-4 2. Disallowance of excess claim of depreciation as per para 4,94,74,344 5 3. Disallowance of prior period expenditure as per para 6 1,17,61,944 4. Disallowance of donation and contribution as per para