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

928/- and the depreciation comes to Rs. 11,45,215/-; the net depreciation can be taken to be NIL. Thus, the net position is one of appreciation and not depreciation. Further, it is noted that the scrip APSDL 2014 @ 5.60% maturing on 23/04/2014 was not valued as per the regulation. As the net position is found to positive, this aspect

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

928/- and the depreciation comes to Rs. 11,45,215/-; the net depreciation can be taken to be NIL. Thus, the net position is one of appreciation and not depreciation. Further, it is noted that the scrip APSDL 2014 @ 5.60% maturing on 23/04/2014 was not valued as per the regulation. As the net position is found to positive, this aspect

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

928/- and the depreciation comes to Rs. 11,45,215/-; the net depreciation can be taken to be NIL. Thus, the net position is one of appreciation and not depreciation. Further, it is noted that the scrip APSDL 2014 @ 5.60% maturing on 23/04/2014 was not valued as per the regulation. As the net position is found to positive, this aspect

VIVEK INDUSTRIES,VIJAYAWADA vs. ITO, WARD-2(3), VIJAYAWADA

Bench: Shri Ravish Sood & Shri Balakrishnan S.आ.अपी.सं /Ita No.133/Viz/2025 (िनधा"रण वष"/Assessment Year:2018-19) Vivek Industries, Vs. Income Tax Officer, 8-1, Kamayyathopu Kanuru, Ward-2(3), Vijayawada. Vijayawada. Pan: Aanfm5215A (Appellant) (Respondent) िनधा"रती "ारा/Assessee By: Shri Gvn Hari, Advocate राज" व "ारा/Revenue By: Shri Badicala Yadagiri, Cit-Dr सुनवाई की तारीख/Date Of 20/11/2025 Hearing: घोषणा की तारीख/Date Of 05/12/2025 Pronouncement: आदेश / Order Per. Ravish Sood, Jm:

928/- in its return of income for the subject year, which, however was claimed as a deduction under section 54D of the Act, therefore, there could be no justification for raising a claim that the capital 6 Vivek Industries vs. ITO gains on the transfer of the subject property was not exigible to tax in its hands