INCOMETAX OFFICER, WARD-3(1), VISAKHAPATNAM vs. SURENDRA NATH GUBBALA, VISAKHAPATNAM

Bench: Us:

155 of 2013 with the Xth Additional District Court, Rajamahendravaram, for the declaration of absolute ownership of the subject property and granting of a permanent injunction restraining the other parties from interfering with its possession and enjoyment of the said property; thus, establishes beyond doubt that there was a strong encumbrance to the title of the subject property

SATYANARAYANA KODURU,KRISHNA DIST vs. INCOME TAX OFFICER, WARD-1, GUDIWADA

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

Bench: Shri Ravish Sood & Shri Balakrishnan S.आ.अपी.सं /Ita No.491/Viz/2025 (िनधा"रण वष"/Assessment Year: 2016-17) Satyanarayana Koduru, Vs. Income Tax Officer, Krishna District. Ward-1, Pan:Altpk1048C Gudiwada. (Appellant) (Respondent) िनधा"रती "ारा/Assessee By: Shri C. Subrahmanyam, Ca राज" व "ारा/Revenue By: Dr. Aparna Villuri, Sr. Ar सुनवाई की तारीख/Date Of 02/12/2025 Hearing: घोषणा की तारीख/Date Of 05/12/2025 Pronouncement: आदेश / Order Per. Ravish Sood, Jm :

property of Rs.59,84,000/-; (ii) addition under section 69 of the Act in respect of the registration charges and stamp duty of Rs.4,48,700/-; (iii) addition under section 69A of the Act of unexplained cash deposits in bank account: Rs.32,30,000/-; (iv) addition of undisclosed salary received from NHAI: Rs.17,62,155/-; (v) 4 Satyanarayana Koduru

THE DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-4(1),, VISAKHAPATNAM vs. SARITA SYNTHETICS & INDUSTRIES LIMITED,, RAJAM

In the result, appeal of the revenue is dismissed

Bench: Shri V. Durga Rao& Shri D.S. Sunder Singhआयकर अपील सं./I.T.A.No.488 & 489/Viz/2018 (ननधधारण वर्ा/ Assessment Years: 2012-13 & 2013-2014 Respectively) Dy.Commissioner Of Income Tax, Vs. M/S Sarita Synthetics & Circle-4(1) Industries Ltd. Visakhapatnam D.No.11-8-120 Anthakapalli Village Srikakulam [Pan :Aadcs4025R] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent) अपीलधथी की ओर से/ Appellant By : Smt. Suman Malik, Dr प्रत्यधथी की ओर से/ Respondent By : None

155 (iii) Expenditure in relation to exempt income Rs.2,70,89,092 u/s 14A (iv) Disallowance of expenditure due to non Rs.6,26,136 submission of vouchers which are verifiable 3 I.T.A. Nos.488 & 489/Viz/2018 M/s Sarita Synthetics & Industries Ltd., Srikakulam A.Y.2013-14 (i) Disallowance of expenditure towards 2,62,541 penal charges for late payment of various statutory payments and income

THE DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-4(1),, VISAKHAPATNAM vs. SARITA SYNTHETICS & INDUSTRIES LIMITED, , SRIKAKULAM

In the result, appeal of the revenue is dismissed

Bench: Shri V. Durga Rao& Shri D.S. Sunder Singhआयकर अपील सं./I.T.A.No.488 & 489/Viz/2018 (ननधधारण वर्ा/ Assessment Years: 2012-13 & 2013-2014 Respectively) Dy.Commissioner Of Income Tax, Vs. M/S Sarita Synthetics & Circle-4(1) Industries Ltd. Visakhapatnam D.No.11-8-120 Anthakapalli Village Srikakulam [Pan :Aadcs4025R] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent) अपीलधथी की ओर से/ Appellant By : Smt. Suman Malik, Dr प्रत्यधथी की ओर से/ Respondent By : None

155 (iii) Expenditure in relation to exempt income Rs.2,70,89,092 u/s 14A (iv) Disallowance of expenditure due to non Rs.6,26,136 submission of vouchers which are verifiable 3 I.T.A. Nos.488 & 489/Viz/2018 M/s Sarita Synthetics & Industries Ltd., Srikakulam A.Y.2013-14 (i) Disallowance of expenditure towards 2,62,541 penal charges for late payment of various statutory payments and income

THE ACIT, CIRCLE - 1(1),, VISAKHAPATNAM vs. SRI K.RADHA KRISHNA, VISAKHAPATNAM

In the result, the appeal filed by the revenue is dismissed

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

155/- The Assessing Officer after considering the explanation of the assessee, completed the assessment u/s. 143(3) of the Act. 3. The facts relating to addition of ` 9,70,000/-, the Assessing Officer has noted that during the course of search, cash was found at the residence and hospital chamber of the assessee