ACIT,, VIJAYAWADA vs. SRI PRAKASH EDUCATIONAL SOCIETY, TUNI

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

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

24) of the Act and accordingly, we uphold the order of the CIT(A) and dismiss the appeal of the revenue. M/s. Sri Prakash Educational Society, Tuni 7. The next issue in revenue’s appeal is addition u/s 40(ba) of the Act. During the previous year relevant to the assessment year, the assessee has paid the salaries

DY CIT, VISAKHAPATNAM vs. KOTU SARATH KUMAR`, VISAKHAPATNAM

In the result, appeals filed by the assessees in ITA Nos

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

disallowance under Section 14 A of the Act was called for in the AY in question because no exempt income was earned. 24

KOTU ANASUYA (LATE),VISAKHAPATNAM vs. DCIT, VISAKHAPATNAM

In the result, appeals filed by the assessees in ITA Nos

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

disallowance under Section 14 A of the Act was called for in the AY in question because no exempt income was earned. 24

KOTU SARAT KUMAR,VISAKHAPATNAM vs. DY.CIT., VISAKHAPATNAM

In the result, appeals filed by the assessees in ITA Nos

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

disallowance under Section 14 A of the Act was called for in the AY in question because no exempt income was earned. 24

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.

section 14A of the Act provides for disallowance of the expenditure even where taxpayer in a particular year has not earned any exempt income. Ground 5. The appellant craves leave to add or delete or amend or substitute any ground of appeal before and/or at the time of hearing of appeal For these and other grounds that may be urged

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.

section 14A of the Act provides for disallowance of the expenditure even where taxpayer in a particular year has not earned any exempt income. Ground 5. The appellant craves leave to add or delete or amend or substitute any ground of appeal before and/or at the time of hearing of appeal For these and other grounds that may be urged

THE VISAKHAPATNAM CO-OPERATIVE BANK LIMITED,,VISAKHAPATNAM vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE -1(1), VISAKHAPATNAM

In the result, appeals filed by the assessee and Revenue are dismissed

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

section 143(3) of the Income Tax Act, 1961 (hereinafter referred to as 'Act') for Assessment Year 2014-15, dated 13/12/2006 by madding the following additions:- a) Interest on share capital Rs. 6,26,57,735/- b) Disallowance of interest paid to members of Co-op. Bank u/s 40(a)(ia) Rs. 34,24

THE VISAKHAPATNAM CO-OPERATIVE BANK LIMITED, ,VISAKHAPATNAM vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE -1(1), VISAKHAPATNAM

In the result, appeals filed by the assessee and Revenue are dismissed

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

section 143(3) of the Income Tax Act, 1961 (hereinafter referred to as 'Act') for Assessment Year 2014-15, dated 13/12/2006 by madding the following additions:- a) Interest on share capital Rs. 6,26,57,735/- b) Disallowance of interest paid to members of Co-op. Bank u/s 40(a)(ia) Rs. 34,24

THE ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE - 1(1), , VISAKHAPATNAM vs. VISAKHAPATNAM CO-OPERATIVE BANK LIMITED, VISAKHAPATNAM

In the result, appeals filed by the assessee and Revenue are dismissed

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

section 143(3) of the Income Tax Act, 1961 (hereinafter referred to as 'Act') for Assessment Year 2014-15, dated 13/12/2006 by madding the following additions:- a) Interest on share capital Rs. 6,26,57,735/- b) Disallowance of interest paid to members of Co-op. Bank u/s 40(a)(ia) Rs. 34,24

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.

Section 2(24)(x) is found to be valid and proper in fact and law. Considering the totality of the facts and circumstances of the case, the disallowance

DEPUTY COMMISSIONER OF INCOME TAX, VIJAYAWADA vs. NS HEALTHCARE SERVICES PRIVATE LIMITED, VIJAYAWADA

In the results, appeals filed by the revenue in ITA Nos

Bench: Shri Veeravalli Durga Rao, Hon’Ble & Shri S Balakrishnan, Hon’Ble

section 37(1) of the Act. The Ld. CIT(A) has examined the submissions made by the Ld.AR and has held in para no 6.5.1 as follows: “6.5.1 Consultation Fees paid (Rs.84,01,360/-) :- Out of the total consultancy charges paid of Rs.91,24,989/-, the Assessing Officer had disallowed

NS HEALTHCARE SERVICES PRIVATE LIMITED,VIJAYAWADA vs. ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1, VIJAYAWADA

In the results, appeals filed by the revenue in ITA Nos

Bench: Shri Veeravalli Durga Rao, Hon’Ble & Shri S Balakrishnan, Hon’Ble

section 37(1) of the Act. The Ld. CIT(A) has examined the submissions made by the Ld.AR and has held in para no 6.5.1 as follows: “6.5.1 Consultation Fees paid (Rs.84,01,360/-) :- Out of the total consultancy charges paid of Rs.91,24,989/-, the Assessing Officer had disallowed

NS HEALTHCARE SERVICES PRIVATE LIMITED,VIJAYAWADA vs. ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE, VIJAYAWADA

In the results, appeals filed by the revenue in ITA Nos

Bench: Shri Veeravalli Durga Rao, Hon’Ble & Shri S Balakrishnan, Hon’Ble

section 37(1) of the Act. The Ld. CIT(A) has examined the submissions made by the Ld.AR and has held in para no 6.5.1 as follows: “6.5.1 Consultation Fees paid (Rs.84,01,360/-) :- Out of the total consultancy charges paid of Rs.91,24,989/-, the Assessing Officer had disallowed

DEPUTY COMMISSIONER OF INCOME TAX, VIJAYAWADA vs. NS HEALTHCARE SERVICES PRIVATE LIMITED, VIJAYAWADA

In the results, appeals filed by the revenue in ITA Nos

Bench: Shri Veeravalli Durga Rao, Hon’Ble & Shri S Balakrishnan, Hon’Ble

section 37(1) of the Act. The Ld. CIT(A) has examined the submissions made by the Ld.AR and has held in para no 6.5.1 as follows: “6.5.1 Consultation Fees paid (Rs.84,01,360/-) :- Out of the total consultancy charges paid of Rs.91,24,989/-, the Assessing Officer had disallowed

NS HEALTHCARE SERVICES PRIVATE LIMITED,VIJAYAWADA vs. ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE, VIJAYAWADA

In the results, appeals filed by the revenue in ITA Nos

Bench: Shri Veeravalli Durga Rao, Hon’Ble & Shri S Balakrishnan, Hon’Ble

section 37(1) of the Act. The Ld. CIT(A) has examined the submissions made by the Ld.AR and has held in para no 6.5.1 as follows: “6.5.1 Consultation Fees paid (Rs.84,01,360/-) :- Out of the total consultancy charges paid of Rs.91,24,989/-, the Assessing Officer had disallowed

NS HEALTHCARE SERVICES PRIVATE LIMITED,VIJAYAWADA vs. ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE, VIJAYAWADA

In the results, appeals filed by the revenue in ITA Nos

Bench: Shri Veeravalli Durga Rao, Hon’Ble & Shri S Balakrishnan, Hon’Ble

section 37(1) of the Act. The Ld. CIT(A) has examined the submissions made by the Ld.AR and has held in para no 6.5.1 as follows: “6.5.1 Consultation Fees paid (Rs.84,01,360/-) :- Out of the total consultancy charges paid of Rs.91,24,989/-, the Assessing Officer had disallowed

DEPUTY COMMISSIONER OF INCOME TAX, VIJAYAWADA vs. NS HEALTHCARE SERVICES PRIVATE LIMITED, VIJAYAWADA

In the results, appeals filed by the revenue in ITA Nos

Bench: Shri Veeravalli Durga Rao, Hon’Ble & Shri S Balakrishnan, Hon’Ble

section 37(1) of the Act. The Ld. CIT(A) has examined the submissions made by the Ld.AR and has held in para no 6.5.1 as follows: “6.5.1 Consultation Fees paid (Rs.84,01,360/-) :- Out of the total consultancy charges paid of Rs.91,24,989/-, the Assessing Officer had disallowed

DEPUTY COMMISSIONER OF INCOME TAX, VIJAYAWADA vs. NS HEALTHCARE SERVICES PRIVATE LIMITED, VIJAYAWADA

In the results, appeals filed by the revenue in ITA Nos

Bench: Shri Veeravalli Durga Rao, Hon’Ble & Shri S Balakrishnan, Hon’Ble

section 37(1) of the Act. The Ld. CIT(A) has examined the submissions made by the Ld.AR and has held in para no 6.5.1 as follows: “6.5.1 Consultation Fees paid (Rs.84,01,360/-) :- Out of the total consultancy charges paid of Rs.91,24,989/-, the Assessing Officer had disallowed