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

house property".\n10. Further, the AO observed that though the assessee company had\nduring the subject year disclosed in its “balance sheet” under the head\n"Current assets", the investments it had made in unlisted and listed\nequities to an extent of RS. 15,42,44,890/-, but had not attributed any\nportion of the expenditure debited in its Profit

NALLAMOTHU VIJAYA LAKSHMI,GUNTUR vs. THE INCOME TAX OFFICER, WARD-2(1), GUNTUR

In the result, the appeal of the assessee is allowed

Bench: Shri Duvvuru Rl Reddy, Hon’Bleआयकर अपील सं./I.T.A.No.164/Viz/2022 (ननधधारण वर्ा / Assessment Year : 2017-18) Nallamothu Vijaya Lakshmi Vs. Income Tax Officer D.No.11-5-19/11 Ward-2(1) Raja’S Gardens Guntur Guntur [Pan : Acbpn3248C] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent) अपीलधथी की ओर से/ Appellant By : Shri G.V.N.Hari, Ar प्रत्यधथी की ओर से / Respondent By : Shri On Hari Prasada Rao, Dr सुनवधई की तधरीख / Date Of Hearing : 22.02.2023 घोर्णध की तधरीख/Date Of Pronouncement : 28 .02.2023

81,900/- and claimed 4 I.T.A. No.164/Viz/2022, A.Y.2017-18 Nallamothu Vijaya Lakshmi, Guntur deduction of Rs.3,220/-, being rent paid on leased property. He further contended that whatever the rent received by the assessee, by sub letting the property is offered as “income from other sources”. The Ld.CIT(A) has not considered this fact and dismissed the appeal filed

HARESH KUMAR LALWANI,VIZIANAGARAM vs. THE PRINCIPAL COMMISSIONER OF INCOME TAX-1, VISHAKHAPATNAM

In the result, appeal of the assessee is allowed

Bench: Shri V. Durga Rao, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकर अपीलसं./I.T.A. No.264/Viz/2025 (निर्धारण वर्ा/ Assessment Year: 2021-22) Haresh Kumar Lalwani V. Pr.Cit -1 22-1-22, Ambati Satram Junction Aayakar Bhavan, Daba Gardens Vizianagaram – 535002 Visakhapatnam – 530020 Andhra Pradesh Andhra Pradesh [Pan: Aaqpt9248P] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent)

house property of Rs. 3,26,665/-. Subsequently, the case of the assessee was selected for scrutiny in respect of cash deposits and purchase of immovable property and the Ld. AO has completed the assessment under section 143(3) r.w.s. 144B of the Act on 19.12.2022 determining the total income of Rs.73,71,744/- by making addition of Rs.35

THE ELURU COOPERATIVE HOUSE MORTGAGE SOCIETY LTD.,,ELURU vs. INCOME-TAX OFFICER, WARD - 1,, ELURU

81,719/- claimed under section 80P of the Act.\n9. The Ld. CIT(A), vide impugned order, upheld the disallowances made by\nthe Ld. AO under section 80P of the Act by observing as follows: -\nPage No. 4\n“5.2. From the perusal of the Assessment order, it is clear that the appellant\nsociety has been collecting deposits from

THE ELURU COOPERATIVE HOUSE MORTGAGE SOCIETY LIMITED,ELURU vs. INCOME-TAX OFFICER, WARD - 1,, ELURU

81,719/- claimed under section 80P of the Act.\n9. The Ld. CIT(A), vide impugned order, upheld the disallowances made by\nthe Ld. AO under section 80P of the Act by observing as follows: -\nPage No. 4\n“5.2. From the perusal of the Assessment order, it is clear that the appellant\nsociety has been collecting deposits from

LAKSHMI PRASUNAMBA KODALI,HYDERABAD vs. ASSISTANT COMMISSIONER OF INCOME TAX CIRCLE INTERNATIONAL TAX, VISAKHAPATNAM

In the result, appeal filed by the assessee is allowed for statistical purposes as indicated hereinabove

Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Ble(Through Hybrid Hearing) आयकर अपील सं./ I.T.A. No. 279/Viz/2024 (िनधा"रण वष" / Assessment Year: 2019-20) Lakshmi Prasunamba Kodali, Vs. Asst. Commissioner Of Hyderabad. Income Tax, Pan: Cxrpk7177G Circle-International Tax, Visakhapatnam. (अपीलाथ"/ Appellant) (""यथ"/ Respondent) अपीलाथ" क" ओर से/ Appellant By : Sri S.V. Rao Associates ""याथ" क" ओर से / Respondent By : Dr. Aparna Villuri, Sr. Ar सुनवाई क" तारीख / Date Of Hearing : 10/09/2024 घोषणा क" तारीख/Date Of : 25/09/2024 Pronouncement O R D E R

section 195 (Non-business ITR)”. Accordingly, notice U/s. 143(2) of the Act was issued. Due to change in the incumbency, a notice U/s. 129 of the Act was also issued on 16/09/2021 along with notice U/s. 142(1) of the Act. In response, the assessee submitted the information as called for. On perusal and verification / examining the submissions made

AUDREY BERNICE ROY,VISAKHAPATNAM vs. INCOME TAX OFFICER, VISAKHAPATNAM

Bench: Shri Ravish Sood, Hon’Ble

House Property: Rs.1,35,000/-; and (iii) Income from Other Sources: Rs.14,16,609/-. Accordingly, the AO/CPC, Bengaluru, based on the aforesaid intimation dated 11.01.2019, raised a demand of Rs. 6,36,000/- in the hands of the assessee. Page. No 5 I.T.A.No.494/VIZ/2025 Audrey Bernice Roy 3. Aggrieved, the assessee carried the matter in appeal before

THE ASSISTANT COMMISSIONER OF INCOME TAX (INTERNATIONAL TAXATION),, VISAKHAPATNAM vs. NALLAMILLI SRIDEVI,, TIRUPATI

In the result, Cross Objection raised by the assessee is dismissed

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

81,470/-. Subsequently a revised return of income was filed on 24/1/2016 declaring a total income of Rs. 64,69,210/-. Subsequently, the case was selected for scrutiny and a notice U/s. 143(2) was issued to the assessee on 26/7/2016 by ACIT, Circle-2(1), Tirupati. Subsequently the case was transferred from ACIT, Circle-2(1), Tirupati to DCIT

THE ASSISTANT COMMISSIONER OF INCOME TAX (INTERNATIONAL TAXATION),, VISAKHAPATNAM vs. VITTALAM NATARAJ PRASAD, TIRUPATI

In the result, Cross Objection raised by the assessee is dismissed

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

81,470/-. Subsequently a revised return of income was filed on 24/1/2016 declaring a total income of Rs. 64,69,210/-. Subsequently, the case was selected for scrutiny and a notice U/s. 143(2) was issued to the assessee on 26/7/2016 by ACIT, Circle-2(1), Tirupati. Subsequently the case was transferred from ACIT, Circle-2(1), Tirupati to DCIT

THE ASSISTANT COMMISSIONER OF INCOME TAX (INTERNATIONAL TAXATION),, VISAKHAPATNAM vs. NALLAMILLI SRIDEVI,, TIRUPATI

In the result, Cross Objection raised by the assessee is dismissed

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

81,470/-. Subsequently a revised return of income was filed on 24/1/2016 declaring a total income of Rs. 64,69,210/-. Subsequently, the case was selected for scrutiny and a notice U/s. 143(2) was issued to the assessee on 26/7/2016 by ACIT, Circle-2(1), Tirupati. Subsequently the case was transferred from ACIT, Circle-2(1), Tirupati to DCIT

THE ASSISTANT COMMISSIONER OF INCOME TAX(INTERNATIONAL TAXATION),, VISAKHAPATNAM vs. VITTALAM NATARAJ PRASAD, TIRUPATI

In the result, Cross Objection raised by the assessee is dismissed

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

81,470/-. Subsequently a revised return of income was filed on 24/1/2016 declaring a total income of Rs. 64,69,210/-. Subsequently, the case was selected for scrutiny and a notice U/s. 143(2) was issued to the assessee on 26/7/2016 by ACIT, Circle-2(1), Tirupati. Subsequently the case was transferred from ACIT, Circle-2(1), Tirupati to DCIT

THE DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-1,, KAKINADA vs. EAST COAST IMPORTS & EXPORTS,, KAKINADA

In the result, appeal of the revenue as well as the cross objections of the assessee are dismissed

Bench: Shri N.K.Choudhry, Hon’Ble & Shri D.S. Sunder Singh, Hon’Bleआयकर अपील सं./I.T.A.No.79/Viz/2021 (निर्धारण वर्ा/Assessment Year:2012-13) Dy.Commissioner Of Income Tax Vs. M/S East Coast Imports & Circle-1 Exports Kakinada D.No.67-15-32, Office No.1 Nagamallithota Junction Kakinada [Pan : Aacfe2078A] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent) Cross Objection No.49/Viz/2021 (Arising Out Of I.T.A. No.79/Viz/2021) M/S East Coast Imports & Exports Vs. Dy.Commissioner Of Income Tax D.No.67-15-32, Office No.1 Circle-1 Nagamallithota Junction Kakinada Kakinada [Pan : Aacfe2078A] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent) रधजस्व की ओर से /Revenue By : Shri V.Srinivasa Rao, Dr निर्धाऩरती की ओरसे / Assessee By : Shri G.V.N.Hari, Ar सुिवधई की तधरीख / Date Of Hearing : 08.09.2021 घोर्णध की तधरीख/Date Of Pronouncement : 17.09.2021 आदेश /O R D E R Per Bench : This Appeal Is Filed By The Assessee Against The Order Of The Commissioner Of Income Tax (Appeals) [Cit(A)]-2, Visakhapatnam In Ita

house property’. Only the 4 ITA No.79/Viz/2021 and CO 49/Viz/2021, A.Y.2012-13 M/s East Coast Imports & Exports, Kakinada balance amount was claimed under the head ‘income from business’. Out of the balance interest of Rs.66,67,752/-, the sum of Rs.21,62,408/- was paid on partner’s capital account and a sum of Rs.20,46,346/- was the interest relating

KANUMURI PRASAD,BAPULAPADU MANDAL vs. THE ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE,, VIJAYAWADA

In the result, appeals of the assessees are allowed

Bench: Shri N.K.Choudhry, Hon’Ble & Shri D.S. Sunder Singh, Hon’Bleआयकरअपीऱसं./I.T.A.No.704/Viz/2019 To 706/Viz/2019 (निर्धारणवर्ा/Assessment Year:2009-10 To 2011-12) Smt.Samanthapudi Lavanya Vs. Asst.Commissioner Of D.No.5-1033-1, Vijayawada Road Income Tax Hanuman Junction, Central Circle Bapulapadu Mandal Vijayawada Krishna Dist. [Pan : Cnbps7658N]

81,890 sft. in the form of 62 flats in lieu of surrender of 6,828.228sq.yards of land given to the developers. The assesses i.e. Mr. K.Subba Raju and 8 others family members have admitted the aggregate sale consideration of Rs.6.99 crores for capital gains purposes as per their respective share holding in the land for the financial years

KUNUMURI KRISHNA KUMARI,BAPULAPADU MANDAL vs. THE ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE,, VIJAYAWADA

In the result, appeals of the assessees are allowed

Bench: Shri N.K.Choudhry, Hon’Ble & Shri D.S. Sunder Singh, Hon’Bleआयकरअपीऱसं./I.T.A.No.704/Viz/2019 To 706/Viz/2019 (निर्धारणवर्ा/Assessment Year:2009-10 To 2011-12) Smt.Samanthapudi Lavanya Vs. Asst.Commissioner Of D.No.5-1033-1, Vijayawada Road Income Tax Hanuman Junction, Central Circle Bapulapadu Mandal Vijayawada Krishna Dist. [Pan : Cnbps7658N]

81,890 sft. in the form of 62 flats in lieu of surrender of 6,828.228sq.yards of land given to the developers. The assesses i.e. Mr. K.Subba Raju and 8 others family members have admitted the aggregate sale consideration of Rs.6.99 crores for capital gains purposes as per their respective share holding in the land for the financial years

KUNUMURI KRISHNA KUMARI,BAPULAPADU MANDAL vs. THE ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE,, VIJAYAWADA

In the result, appeals of the assessees are allowed

Bench: Shri N.K.Choudhry, Hon’Ble & Shri D.S. Sunder Singh, Hon’Bleआयकरअपीऱसं./I.T.A.No.704/Viz/2019 To 706/Viz/2019 (निर्धारणवर्ा/Assessment Year:2009-10 To 2011-12) Smt.Samanthapudi Lavanya Vs. Asst.Commissioner Of D.No.5-1033-1, Vijayawada Road Income Tax Hanuman Junction, Central Circle Bapulapadu Mandal Vijayawada Krishna Dist. [Pan : Cnbps7658N]

81,890 sft. in the form of 62 flats in lieu of surrender of 6,828.228sq.yards of land given to the developers. The assesses i.e. Mr. K.Subba Raju and 8 others family members have admitted the aggregate sale consideration of Rs.6.99 crores for capital gains purposes as per their respective share holding in the land for the financial years

KANUMURI SIVA RAMA RAJU,VIJAYAWADA vs. THE ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE,, VIJAYAWADA

In the result, appeals of the assessees are allowed

Bench: Shri N.K.Choudhry, Hon’Ble & Shri D.S. Sunder Singh, Hon’Bleआयकरअपीऱसं./I.T.A.No.704/Viz/2019 To 706/Viz/2019 (निर्धारणवर्ा/Assessment Year:2009-10 To 2011-12) Smt.Samanthapudi Lavanya Vs. Asst.Commissioner Of D.No.5-1033-1, Vijayawada Road Income Tax Hanuman Junction, Central Circle Bapulapadu Mandal Vijayawada Krishna Dist. [Pan : Cnbps7658N]

81,890 sft. in the form of 62 flats in lieu of surrender of 6,828.228sq.yards of land given to the developers. The assesses i.e. Mr. K.Subba Raju and 8 others family members have admitted the aggregate sale consideration of Rs.6.99 crores for capital gains purposes as per their respective share holding in the land for the financial years

SAMANTHAPUDI RAJA RAMESH,BAPULAPADU MANDAL vs. THE ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE, VIJAYAWADA

In the result, appeals of the assessees are allowed

Bench: Shri N.K.Choudhry, Hon’Ble & Shri D.S. Sunder Singh, Hon’Bleआयकरअपीऱसं./I.T.A.No.704/Viz/2019 To 706/Viz/2019 (निर्धारणवर्ा/Assessment Year:2009-10 To 2011-12) Smt.Samanthapudi Lavanya Vs. Asst.Commissioner Of D.No.5-1033-1, Vijayawada Road Income Tax Hanuman Junction, Central Circle Bapulapadu Mandal Vijayawada Krishna Dist. [Pan : Cnbps7658N]

81,890 sft. in the form of 62 flats in lieu of surrender of 6,828.228sq.yards of land given to the developers. The assesses i.e. Mr. K.Subba Raju and 8 others family members have admitted the aggregate sale consideration of Rs.6.99 crores for capital gains purposes as per their respective share holding in the land for the financial years

KANUMURI LAKSHMI UMA KATYAINI ,BAPULAPADU MANDAL vs. THE ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE,, VIJAYAWADA

In the result, appeals of the assessees are allowed

Bench: Shri N.K.Choudhry, Hon’Ble & Shri D.S. Sunder Singh, Hon’Bleआयकरअपीऱसं./I.T.A.No.704/Viz/2019 To 706/Viz/2019 (निर्धारणवर्ा/Assessment Year:2009-10 To 2011-12) Smt.Samanthapudi Lavanya Vs. Asst.Commissioner Of D.No.5-1033-1, Vijayawada Road Income Tax Hanuman Junction, Central Circle Bapulapadu Mandal Vijayawada Krishna Dist. [Pan : Cnbps7658N]

81,890 sft. in the form of 62 flats in lieu of surrender of 6,828.228sq.yards of land given to the developers. The assesses i.e. Mr. K.Subba Raju and 8 others family members have admitted the aggregate sale consideration of Rs.6.99 crores for capital gains purposes as per their respective share holding in the land for the financial years