YALAMANCHILI NEELIMA,,GUNTUR vs. THE INCOME TAX OFFICER, WARD-2(2),, GUNTUR

In the result, appeal of the assessee is partly allowed for statistical purposes

Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Ble

section 53A of the Transfer of Property Act considered the property as 3 transferred during the assessment year 2016-17. The Ld. AO noticing that the assessee has not filed return of income for the AY 2016-17 believed that the income chargeable to tax escaped assessment and notice u/s. 148 of the Act was issued and served

DY. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1, GUNTUR vs. VENKATRAMA POULTRIES PVT LTD, GUNTUR

House Income Tax Office\nMain Road, Lakshmipuram Central Revenue Buildings\nGuntur - 522007 Near Collector Office\nAndhra Pradesh Mahathma Gandhi Road\n[PAN:AAACV7767L] Vijayawada - 522002\nAndhra Pradesh\n(अपीलार्थी/ Appellant)\n(प्रत्यर्थी/ Respondent)\nकरदाता का प्रतिनिधित्व/ Assessee Represented by : Shri GVN Hari, Advocate\nराजस्व का प्रतिनिधित्व/ Department Represented by : Shri Badicala Yadagiri, CIT(DR)\nसुनवाई समाप्त होने की तिथि/ Date

DEPUTY COMMISSIONER OF INCOME TAX, GUNTUR vs. VENKATRAMA POULTRIES PVT. LTD, GUNTUR

166/- in response to return of income filed under section 148 of the\nAct. He argued that the Ld. AO while adding estimation of Rs.21,60,86,928/- as\nunaccounted income has not given any deduction in the expenses and therefore\nLd. CIT(A) has estimated the profit @30% on the unaccounted sales. He further\npleaded that there

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1, GUNTUR vs. VENKATRAMA POULTRIES PVT. LTD., GUNTUR

House\nMain Road, Lakshmipuram\nGuntur - 522007\nAndhra Pradesh\n[PAN:AAACV7767L]\n(अपीलार्थी/ Appellant)\nDCIT - CENTRAL CIRCLE – 1\nIncome Tax Office\nCentral Revenue Buildings\nNear Collector Office\nMahathma Gandhi Road\nVijayawada - 522002\nAndhra Pradesh\n(प्रत्यर्थी/ Respondent)\nकरदाता का प्रतिनिधित्व/ Assessee Represented by\n: Shri GVN Hari, Advocate\nराजस्व का प्रतिनिधित्व/ Department Represented by\n: Shri Badicala Yadagiri

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1, GUNTUR vs. VENKATRAMA POULTRIES PVT. LTD., GUNTUR

House\nMain Road, Lakshmipuram\nGuntur - 522007\nAndhra Pradesh\n[PAN:AAACV7767L]\n(अपीलार्थी/ Appellant)\nDCIT - CENTRAL CIRCLE – 1\nIncome Tax Office\nCentral Revenue Buildings\nNear Collector Office\nMahathma Gandhi Road\nVijayawada - 522002\nAndhra Pradesh\n(प्रत्यर्थी/ Respondent)\nकरदाता का प्रतिनिधित्व/ Assessee Represented by\nराजस्व का प्रतिनिधित्व/ Department Represented by\nसुनवाई समाप्त होने की तिथि/ Date of Conclusion of Hearing\nघोषणा

THE DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2, VISAKHAPATNAM vs. ATR WAREHOUSING PRIVATE LIMITED, VISAKHAPATNAM

In the result, both the appeals filed by the Revenue are dismissed

Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकर अपील सं./ I.T.A. Nos. 104, 105 & 106/Viz/2020 ("नधा"रण वष" / Assessment Years: 2013-14, 2014-15 & 2015-16) Dy. Commissioner Of Income Tax, Vs. M/S. Atr Ware Housing (P) Central Circle-2, Ltd., Visakhapatnam. Visakhapatnam. Pan: Aadca 2121 Q

Housing (P) Ltd., Vs. Dy. Commissioner of Income Visakhapatnam. Tax, PAN: AADCA 2121 Q Central Circle-2, Visakhapatnam. (अपीलाथ"/ Appellant) (""यथ"/ Respondent) अपीलाथ" क" ओर से/ Appellant by : Sri G.V.N. Hari, Advocate ""याथ" क" ओर से / Respondent by : Sri MN Murthy Naik, CIT-DR सुनवाई क" तार"ख / Date of Hearing : 17/10/2022 घोषणा क" तार"ख/Date of : 21/12/2022 Pronouncement

THE DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2, VISAKHAPATNAM vs. ATR WAREHOUSING PRIVATE LIMITED, VISAKHAPATNAM

In the result, both the appeals filed by the Revenue are dismissed

Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकर अपील सं./ I.T.A. Nos. 104, 105 & 106/Viz/2020 ("नधा"रण वष" / Assessment Years: 2013-14, 2014-15 & 2015-16) Dy. Commissioner Of Income Tax, Vs. M/S. Atr Ware Housing (P) Central Circle-2, Ltd., Visakhapatnam. Visakhapatnam. Pan: Aadca 2121 Q

Housing (P) Ltd., Vs. Dy. Commissioner of Income Visakhapatnam. Tax, PAN: AADCA 2121 Q Central Circle-2, Visakhapatnam. (अपीलाथ"/ Appellant) (""यथ"/ Respondent) अपीलाथ" क" ओर से/ Appellant by : Sri G.V.N. Hari, Advocate ""याथ" क" ओर से / Respondent by : Sri MN Murthy Naik, CIT-DR सुनवाई क" तार"ख / Date of Hearing : 17/10/2022 घोषणा क" तार"ख/Date of : 21/12/2022 Pronouncement

THE DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2, VISAKHAPATNAM vs. ATR WAREHOUSING PRIVATE LIMITED, VISAKHAPATNAM

In the result, both the appeals filed by the Revenue are dismissed

Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकर अपील सं./ I.T.A. Nos. 104, 105 & 106/Viz/2020 ("नधा"रण वष" / Assessment Years: 2013-14, 2014-15 & 2015-16) Dy. Commissioner Of Income Tax, Vs. M/S. Atr Ware Housing (P) Central Circle-2, Ltd., Visakhapatnam. Visakhapatnam. Pan: Aadca 2121 Q

Housing (P) Ltd., Vs. Dy. Commissioner of Income Visakhapatnam. Tax, PAN: AADCA 2121 Q Central Circle-2, Visakhapatnam. (अपीलाथ"/ Appellant) (""यथ"/ Respondent) अपीलाथ" क" ओर से/ Appellant by : Sri G.V.N. Hari, Advocate ""याथ" क" ओर से / Respondent by : Sri MN Murthy Naik, CIT-DR सुनवाई क" तार"ख / Date of Hearing : 17/10/2022 घोषणा क" तार"ख/Date of : 21/12/2022 Pronouncement

DCIT 7(3), MUMBAI vs. VIZAG SEAPORT P.LTD, MUMBAI

In the result, appeal filed by the assessee is partly allowed for statistical purposes

Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Ble

property and 6 hence depreciation cannot be allowed on the Berths constructed by the assessee. The Ld. DR supported the order of the Ld. AO. Per contra, at the outset, the Learned Authorized Representative [Ld. AR] invoked the provisions of Rule 27 of the ITAT Rules, 1963 and argued that reopening of the assessment itself

VIZAG SEAPORT P.LTD,VISAKHAPATNAM vs. CIT(A) 14, MUMBAI

In the result, appeal filed by the assessee is partly allowed for statistical purposes

Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Ble

property and 6 hence depreciation cannot be allowed on the Berths constructed by the assessee. The Ld. DR supported the order of the Ld. AO. Per contra, at the outset, the Learned Authorized Representative [Ld. AR] invoked the provisions of Rule 27 of the ITAT Rules, 1963 and argued that reopening of the assessment itself

VIZAG SEAPORT P.LTD,VISAKHAPATNAM vs. CIT(A) 14, MUMBAI

In the result, appeal filed by the assessee is partly allowed for statistical purposes

Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Ble

property and 6 hence depreciation cannot be allowed on the Berths constructed by the assessee. The Ld. DR supported the order of the Ld. AO. Per contra, at the outset, the Learned Authorized Representative [Ld. AR] invoked the provisions of Rule 27 of the ITAT Rules, 1963 and argued that reopening of the assessment itself

DCIT 7(3), MUMBAI vs. VIZAG SEAPORT P.LTD, MUMBAI

In the result, appeal filed by the assessee is partly allowed for statistical purposes

Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Ble

property and 6 hence depreciation cannot be allowed on the Berths constructed by the assessee. The Ld. DR supported the order of the Ld. AO. Per contra, at the outset, the Learned Authorized Representative [Ld. AR] invoked the provisions of Rule 27 of the ITAT Rules, 1963 and argued that reopening of the assessment itself

DCIT 7(3), MUMBAI vs. VIZAG SEAPORT P.LTD, MUMBAI

In the result, appeal filed by the assessee is partly allowed for statistical purposes

Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Ble

property and 6 hence depreciation cannot be allowed on the Berths constructed by the assessee. The Ld. DR supported the order of the Ld. AO. Per contra, at the outset, the Learned Authorized Representative [Ld. AR] invoked the provisions of Rule 27 of the ITAT Rules, 1963 and argued that reopening of the assessment itself