INCOME TAX OFFICER, TENALI vs. SURYAPRAKASARAO KANAPARTHY, BETHAPUDI, REPALLE

In the result, the Cross Objection filed by the assessee is allowed in terms of our aforesaid observations, while for the appeal filed by the revenue having been rendered as academic in nature, is ...

Bench: Shri Manjunatha G. & Shri Ravish Soodआ.अपी.सं /Ita No.239/Viz/2025 (िनधा"रण वष"/Assessment Year:2018-19) Income Tax Officer, Vs. Suryaprakasarao Tenali. Kanaparthy, Bethapudi, Repalle, Bapatla. Pan: Dmqpk7509P (Appellant) (Respondent)

46A of the Income Tax Rules, 1962. 3. The Ld. CIT(A), NFAC erred on facts in stating that the appellant is employee of M/s. Sai Marine Exports Private Limited and it is beyond his capacity to make deposits of Rs.1.12 Crores. 4. The Ld.CIT(A) erred in deleting the addition on facts that even the assessee is an employee

THE ACIT,CIRCLE - 1,, RAJAHMUNDRY vs. M/STHE ARYAPURAM CO-OPRATIVE URBAN BANK LTD.,, RAJAHMUNDRY

In the result, all the appeals filed by the assessee are partly allowed for statistical purposes; and the appeal filed by the Revenue is dismissed

Bench: Shri V. Durga Rao, Hon’Ble & Shri D.S. Sunder Singh, Hon’Ble

46A. Thus, these grounds of appeals raised by the Revenue are dismissed. 49. Ground No. 4 relating to sustenance of addition of unsecured loans under section 68 of the Act. The Assessing Officer has added savings bank, special savings bank, short term deposits and various categories of deposits including opening balances as unsecured loans and addition was made under section

THE ARYAPURAM CO-OPERATIVE URBAN BANK LTD.,,RAJAHMUNDRY vs. THE ACIT, CIRCLE - 1, RAJAHMUNDRY

In the result, all the appeals filed by the assessee are partly allowed for statistical purposes; and the appeal filed by the Revenue is dismissed

Bench: Shri V. Durga Rao, Hon’Ble & Shri D.S. Sunder Singh, Hon’Ble

46A. Thus, these grounds of appeals raised by the Revenue are dismissed. 49. Ground No. 4 relating to sustenance of addition of unsecured loans under section 68 of the Act. The Assessing Officer has added savings bank, special savings bank, short term deposits and various categories of deposits including opening balances as unsecured loans and addition was made under section

ARYAPURAM CO=OP. URBANK LTD.,,RAJAHMUNDRY vs. THE ACIT,, RAJAHMUNDRY

In the result, all the appeals filed by the assessee are partly allowed for statistical purposes; and the appeal filed by the Revenue is dismissed

Bench: Shri V. Durga Rao, Hon’Ble & Shri D.S. Sunder Singh, Hon’Ble

46A. Thus, these grounds of appeals raised by the Revenue are dismissed. 49. Ground No. 4 relating to sustenance of addition of unsecured loans under section 68 of the Act. The Assessing Officer has added savings bank, special savings bank, short term deposits and various categories of deposits including opening balances as unsecured loans and addition was made under section

THE ARYAPURAM CO-OPERATIVE URBAN BANK LTD.,RAJAHMUNDRY vs. THE ACIT,, RAJAHMUNDRY

In the result, all the appeals filed by the assessee are partly allowed for statistical purposes; and the appeal filed by the Revenue is dismissed

Bench: Shri V. Durga Rao, Hon’Ble & Shri D.S. Sunder Singh, Hon’Ble

46A. Thus, these grounds of appeals raised by the Revenue are dismissed. 49. Ground No. 4 relating to sustenance of addition of unsecured loans under section 68 of the Act. The Assessing Officer has added savings bank, special savings bank, short term deposits and various categories of deposits including opening balances as unsecured loans and addition was made under section

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 loss allowed to be carried forward against the income assessed to tax This additional ground raised by the appellant is not in agreement with the provisions of Section 68 r.w.s 1158BE of the Act. The plain reading of the Section 115BBE(2) denies any set off of any loss to be allowed if the addition is in the nature

KOLLI SUBRAHMANYAM,VIJAYAWADA vs. THE INCOME TAX OFFICER, WARD-2(2), , VIJAYAWADA

In the result, appeal filed by the assessee is dismissed

Bench: Shri Duvvuru R L Reddy, Hon’Ble & Shri S. Balakrishnan, Hon'Ble

section 144 r.w.s. 263 of the Act. In the assessment order, the AO rejected the books of account u/s 145(2) and estimated the contracts business income at 8% of the gross receipts net of depreciation, which resulted in addition of Rs. 25,03,724/-. Further, the AO made addition of Rs. 35,79,539/- towards unexplained increase

SRI T. APPA RAO.,VISAKHAPATNAM vs. THE DY. CIT,,, VISAKHAPATNAM

In the result, all the appeals filed by the assessee are dismissed

Bench: Shri V. Durga Rao, Hon’Ble & Shri D.S. Sunder Singh, Hon’Ble

46A to explain the case or establish his claim before the Assessing Officer in the remand proceedings. The appellant has filed confirmation letters of loan creditors which is repetition and nothing new about it. Besides, the bank account of appellant and loan creditors and details of lands held by loan creditors were furnished in a tabular form which

SRI T. APPA RAO.,VISAKHAPATNAM vs. THE DY. CIT,,, VISAKHAPATNAM

In the result, all the appeals filed by the assessee are dismissed

Bench: Shri V. Durga Rao, Hon’Ble & Shri D.S. Sunder Singh, Hon’Ble

46A to explain the case or establish his claim before the Assessing Officer in the remand proceedings. The appellant has filed confirmation letters of loan creditors which is repetition and nothing new about it. Besides, the bank account of appellant and loan creditors and details of lands held by loan creditors were furnished in a tabular form which

SRI T. APPA RAO.,VISAKHAPATNAM vs. THE DY. CIT,,, VISAKHAPATNAM

In the result, all the appeals filed by the assessee are dismissed

Bench: Shri V. Durga Rao, Hon’Ble & Shri D.S. Sunder Singh, Hon’Ble

46A to explain the case or establish his claim before the Assessing Officer in the remand proceedings. The appellant has filed confirmation letters of loan creditors which is repetition and nothing new about it. Besides, the bank account of appellant and loan creditors and details of lands held by loan creditors were furnished in a tabular form which

SRI T. APPA RAO.,VISAKHAPATNAM vs. THE DY. CIT,,, VISAKHAPATNAM

In the result, all the appeals filed by the assessee are dismissed

Bench: Shri V. Durga Rao, Hon’Ble & Shri D.S. Sunder Singh, Hon’Ble

46A to explain the case or establish his claim before the Assessing Officer in the remand proceedings. The appellant has filed confirmation letters of loan creditors which is repetition and nothing new about it. Besides, the bank account of appellant and loan creditors and details of lands held by loan creditors were furnished in a tabular form which

SRI T. APPA RAO.,VISAKHAPATNAM vs. THE DY. CIT,,, VISAKHAPATNAM

In the result, all the appeals filed by the assessee are dismissed

Bench: Shri V. Durga Rao, Hon’Ble & Shri D.S. Sunder Singh, Hon’Ble

46A to explain the case or establish his claim before the Assessing Officer in the remand proceedings. The appellant has filed confirmation letters of loan creditors which is repetition and nothing new about it. Besides, the bank account of appellant and loan creditors and details of lands held by loan creditors were furnished in a tabular form which

M/S SRI VAMSI KRISHNA SHIPPING,,HYDERABAD vs. THE DCIT,, VISAKHAPATNAM

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

Bench: Shri V. Durga Rao & Shri D.S. Sunder Singhआयकर अपील सं./I.T.A.No.61/Viz/2015 (धििाारण िर्ा/Assessment Year:2010-11) M/S Sri Vamsi Krishna Shipping Vs. Dcit, Circle-3(1) Siripuram Aayakar Bhavan Visakhapatnam Dabagardens Visakhapatnam [Pan :Adjfs4712K] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent) अपीलार्थी की ओर से/ Appellant By : Shri Samuel Nagadesi, Ar प्रत्यार्थी की ओर से/ Respondent By : Shri K.C.Das, Dr सुनवाई की तारीख / Date Of Hearing : 07.08.2018 घोषणा की तारीख/Date Of Pronouncement : 17 .08.2018

Section 147 of the Income-tax Act, 1961. 3. Even on the basis of information on record the learned Commissioner ought to have appreciated that the tippers and trucks used in the business of Assessee are vehicles run on hire eligible for higher rate depreciation. 4. The appellant crave leave to add to alter/ modify/ substitute/ amend/ withdraw

THE ACIT., VIJAYAWADA vs. M/S. KRNTI ROAD TRANSPORT PVT. LTD., VIJAYAWADA

In the result, the appeal of the revenue is dismissed

Bench: Shri V. Durga Rao & Shri D.S. Sunder Singh

depreciation of ` 3,75,038/-. Subsequently, the case was reopened u/s 147 of the Act for the reason that the assessee had shown the same vehicles in the chart of leased vehicles and own vehicles and claimed lease rent. The A.O. also observed that the payment is covered by section 40A(2)(b) of the Act. The reassessment proceedings were

DEPUTY COMMISSIONER OF INCOME TAX (EXEMPTIONS), VIJAYAWADA vs. KANDULA LAKSHUMMA MEMORIAL EDUCATIONAL SOCIETY, KADAPA

In the result, appeal of the revenue as well as the cross objections of the assessee are dismissed

Bench: Shri V. Durga Rao& Shri D.S. Sunder Singhआयकर अपील सं./I.T.A.No.179/Viz/2018 (निर्धारण वर्ा/Assessment Year:2013-14) Deputy Commissioner Of Vs. M/S Smt.Kandula Income Tax (Exemptions) Lakshumma Memorial Vijayawada Educational Society D.No.3/429 Raja Reddy Street Kadapa [Pan :Aadas4432Q] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent) Cross Objection No.91/Viz/2018 (Arising Out Of I.T.A. No.179/Viz/2018) (निर्धारण वर्ा/Assessment Year:2013-14) Vs. M/S Smt.Kandula Lakshumma Deputy Commissioner Of Memorial Educational Society Income Tax (Exemptions) D.No.3/429 Vijayawada Raja Reddy Street Kadapa [Pan :Aadas4432Q] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent) रधजस्व की ओर से /Revenue By : Shri B.Rama Krishna, Dr निर्धाऩरती की ओ रसे / Assessee By : Shri G.V.N.Hari, Ar सुिवधई की तधरीख / Date Of Hearing : 18.08.2020 घोर्णध की तधरीख/Date Of Pronouncement : 21.09.2020

46A. 6 On the facts and in the circumstances of the case, the CIT(A) has erred in allowing deduction u/s.11 for undisclosed income of Rs. 1,03,65,000/- and income from undisclosed Bank Account of Rs. 7,79,514/-. 3 I.T.A. No.179/Viz/2018 and CO No.91/Viz/2018, A.Y.2013-14 M/s Smt. Kandula Lakshumma Memorial Educational Society, Kadapa 7. Any other ground

DCIT, CIRCLE -3(1), VISAKHAPATNAM vs. NORD ANGLIA EDUCATION INFRASTRUCTURE PRIVATE LIMITED, VISAKHAPATNAM

In the result, all the appeals filed by the revenue, viz

Bench: Shri Ravish Sood & Shri Balakrishnan S.

46A(3) of Income-tax Rules, 1962. Ground 2.2. The Ld. CIT(A) erred in adjudicating that the absence of joint venture between appellant and lessee cannot be sufficient ground to hold that the receipts are not in nature of business receipts. The Ld. CIT(A) also erred in adjudicating that the absence of sharing agreement cannot be sufficient ground

DCIT, CIRCLE - 3(1), VISAKHAPATNAM vs. NORD ANGLIA EDUCATION INFRASTRUCTURE PRIVATE LIMITED, VISAKHAPATNAM

In the result, all the appeals filed by the revenue, viz

Bench: Shri Ravish Sood & Shri Balakrishnan S.

46A(3) of Income-tax Rules, 1962. Ground 2.2. The Ld. CIT(A) erred in adjudicating that the absence of joint venture between appellant and lessee cannot be sufficient ground to hold that the receipts are not in nature of business receipts. The Ld. CIT(A) also erred in adjudicating that the absence of sharing agreement cannot be sufficient ground

THE DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-3(1), , VISAKHAPATNAM vs. DEVI TATIPARTI, , VISAKHAPATNAM

In the result appeal of the revenue as well as the cross objections of the assessee are dismissed

Bench: Shri N.K.Choudhry, Hon’Ble & Shri D.S. Sunder Singh, Hon’Bleआयकर अपील सं./I.T.A.No.41/Viz/2021 (निर्धारण वर्ा/Assessment Year:2017-18) Dy.Commissioner Of Income Tax Vs. Smt.Devi Tatiparti Circle-3(1) D.No.10-27-7/19 Visakhapatnam Sri Satya Sai Enclave Waltair Uplands Visakhapatnam [Pan : Acipt9989K] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent) Cross Objection No.37/Viz/2021 (Arising Out Of I.T.A. No.41/Viz/2021 Smt.Devi Tatiparti Vs. Dy.Commissioner Of Income Tax D.No.10-27-7/19 Circle-3(1) Sri Satya Sai Enclave Visakhapatnam Waltair Uplands, Visakhapatnam [Pan : Acipt9989K] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent) अपीलधथी की ओर से/ Appellant By : Shri V.Srinivasa Rao, Ar प्रत्यधथी की ओर से / Respondent By : Shri G.V.N.Hari, Dr सुिवधई की तधरीख / Date Of Hearing : 09.09.2021 घोर्णध की तधरीख/Date Of Pronouncement : 24.09.2021 आदेश /O R D E R Per Bench: This Appeal Is Filed By The Revenue Against The Order Of The Commissioner Of Income Tax (Appeals) [Cit(A)]-1, Visakhapatnam In Ita

46A. Therefore, requested to remit the matter back to the file of the AO. 11. On the other hand, the Ld.AR argued that the AO made the addition u/s 69A. There is no dispute that the receipt was under long term capital gains for sale of shares. The details have been furnished in the paper book. The Ld.AR further argued

THE ASSISTANT COMMISSIONER OF INCOME TAX(EXEMPTION), EXEMPTION CIRCLE,, VIJAYAWADA vs. ANDHRA CRICKET ASSOCIATION, VIJAYAWADA

In the result, appeal of the revenue is dismissed

Bench: Shri V. Durga Rao& Shri D.S. Sunder Singhआयकर अपीलसं./I.T.A.No.50/Viz/2020 (ननधधारण वर्ा/Assessment Year:2016-2017) Asst.Commissioner Of Income Tax Vs. M/S Andhra Cricket (Exemptions) Association Exemptions Circle D.No.60-8-8, 5Th Lane Vijayawada Siddartha Nagar Vijayawada [Pan : Aaatt2377D] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent) अपीलधथी की ओर से/ Appellant By : Shri D.K.Sonowal, Cit Dr प्रत्यधथी की ओर से / Respondent By : Shri M.A.Rahim, I.T.P सुनवधई की तधरीख / Date Of Hearing : 25.09.2020 घोर्णध की तधरीख/Date Of Pronouncement : 23.11.2020

Depreciation allowed as discussed in Para 6.3. 14,18,94,270/- (2) Short admission of 12,52,61,694/- Reimbursements & grants received from BCCI as discussed in Para 7 Assessed Income 26,71,55,964/- 3. The assessee went on appeal before the CIT(A) and the Ld.CIT(A) found that the assessee was denied exemption by the AO holding