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.

dividend income of Rs. 20,585/-. The AO held a conviction that, as the assessee company had maintained a common Profit & Loss account for all its activities, therefore, debiting of certain expenses attributable to the exempt income yielding investments, viz. (i). Private Limited vs. DCIT making of fresh investments; (ii). maintaining or continuing with the existing portfolio of investments

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.

dividend income of Rs. 20,585/-. The AO held a conviction that, as the assessee company had maintained a common Profit & Loss account for all its activities, therefore, debiting of certain expenses attributable to the exempt income yielding investments, viz. (i). Private Limited vs. DCIT making of fresh investments; (ii). maintaining or continuing with the existing portfolio of investments

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

dividend income of Rs. 20,585/-. The AO held a\nconviction that, as the assessee company had maintained a common\nProfit & Loss account for all its activities, therefore, debiting of certain\nexpenses attributable to the exempt income yielding investments, viz. (i).\n13\nITA No.314 & 206/Viz/2025\nITA No. 205/Viz/2024\nNord Anglia Education Infrastructure\nPrivate Limited vs. DCIT T\nmaking of fresh

GMEDAPADU PACS,GMEDAPADU vs. ITO, WARD-1, KAKINADA

Bench: Shri Manjunatha G. & Shri Ravish Soodआ.अपी.सं /Ita No.574/Viz/2025 ("नधा"रण वष"/Assessment Year: 2020-21) G Medapadu Pacs, Vs. Income Tax Officer, East Godavari District, Ward-1, Andhra Pradesh. Kakinada. Pan: Aaaag8455A (Appellant) (Respondent) "नधा"रती "वारा/Assessee By: Sri Kss Sarma, Ca राज" व "वारा/Revenue By: Dr. Aparna Villuri, Sr. Ar सुनवाई क" तार"ख/Date Of 16/10/2025 Hearing: घोषणा क" तार"ख/Date Of 14/11/2025 Pronouncement: आदेश / Order Per. Ravish Sood, J.M:

disallowances and dismissed the 4 G MEDAPADU PACS vs. ITO appeal. For the sake of clarity, we deem it apposite to cull out the observations of the CIT(A), as under: 5.0 Findings and Decision: - 5.1 Ground 1: 1. The assessing officer has erred in treating the paddy procurement commission received by the assessee-society, as the income from

PANDALAPAKA PRIMARY AGRICULTURAL CO-OP SOCIETY LTD,EAST GODAVARI vs. INCOME-TAX OFFICER, WARD-1, KAKINADA

deemed to have been inhibited from acting in pursuance\nof the section 148A(b) notice till the relevant material was supplied to the\nassessees. Ld.AR also placed reliance in the case of Anurag Gupta v. ITO by\nthe Hon'ble Bombay High Court in Writ Pet No. 10184 of 2022 dated\n13.03.2023 wherein it was held that issuance of notice

THE VISAKHAPATNAM PORT TRUST EMPLOYEES CREDIT CO-OPERATIVE SOCIETY ,VISAKHAPATNAM vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-1(1), VISAKHAPATNAM

In the result, appeal of the assessee is allowed

Bench: Shri K.Narasimha Chary & Shri Balakrishnan S.

disallowance. 4. Submission of the learned AR is that the assessee is an employees’ Cooperative Society as is evident from the registration of the society, funds deposited are the own funds of the assessee, namely, the surplus funds which are not to be utilised in the near future in the nationalised bank and, therefore, such deposit has nexus with

THE TELECOM OFFICERS & BSNL NON EXECUTIVE EMPLOYEES COOP CR SOCIETY LIMITED,VISAKHAPATNAM vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-1(1), VISAKHAPATNAM

In the result, appeal of the assessee is allowed

Bench: Shri K. Narasimha Chary & Shri S. Balakrishnan

disallowance. 4. Submission of the learned AR is that the assessee is a Credit Cooperative Society as is evident from the registration of the society, funds deposited are the own funds of the assessee, namely, the surplus funds which are not to be utilised in the near future in the nationalised bank and, therefore, such deposit has nexus with

THE CHEBROLE LARGE SIZED CO-OP SOCIETY LIMITED,NARAYANAPURAM vs. INCOME TAX OFFICER, WARD-1, ELURU

In the result, appeal of the assessee is allowed

Bench: Shri K.Narasimha Chary & Shri Balakrishnan S.

disallowing the interest income earned from the fixed deposits made in the District Central co-operative bank. 4. Submission of the learned AR is that the assessee is an Agricultural Cooperative Society as is evident from the registration of the society, funds deposited are the own funds of the assessee, namely, the surplus funds which are not to be utilised