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

4 – claim of depreciation of Rs 13.74\ncrores.\n21\nITA No.314 & 206/Viz/2025\nITA No. 205/Viz/2024\nNord Anglia Education Infrastructure\nPrivate Limited vs. DCIT T\nSince the receipts from lessee has been held to be income from\nBusiness & profession the depreciation is allowed. Hence, this ground\nof appeal without prejudice is allowed.\n6.4. Ground of Appeal No. 5– 14A disallowance

GUNTUPALLI NAGESWARA RAO,IBRAHIMPATNAM vs. INCOME TAX OFFICER, WARD 1(1), VIJAYAWADA

In the result, both the appeals filed by the assessee are allowed for statistical purposes

Bench: Shri Ravish Sood, Hon’Ble & Shri Omkareshwar Chidara, Hon’Ble

378 & 379/VIZ/2025 Guntupalli Nageswara Rao 4. Thereafter, the AO issued a notice under section 148A(b) of the Act calling upon the assessee to place on record documentary evidence to support his claim for multi- facet deductions viz., (i) Loss on house property

GUNTUPALLI NAGESWARA RAO,IBRAHIMPATNAM vs. INCOME TAX OFFICER, WARD 1(1), VIJAYAWADA

In the result, both the appeals filed by the assessee are allowed for statistical purposes

Bench: Shri Ravish Sood, Hon’Ble & Shri Omkareshwar Chidara, Hon’Ble

378 & 379/VIZ/2025 Guntupalli Nageswara Rao 4. Thereafter, the AO issued a notice under section 148A(b) of the Act calling upon the assessee to place on record documentary evidence to support his claim for multi- facet deductions viz., (i) Loss on house property