GOWRIPATNAM PRIMARY AGRICULTURAL COOPERATIVE CREDIT SOCIETY LIMITED,GOWRIPATNAM vs. ITO, WARD-1, TADEPALLIGUDEM

reassessment proceedings,\nand the claim was new and not previouslydeclared, and but in\npresent case ie.., gowripatnam primary agricultural cooperative\ncredit society limited, the return was filed in response to a valid\nnoticeu/s 148, which reopens the assessment and allows a\nreassessment of total incomeincluding all deductions under\n80P(2)(a)(i) of the Income

NANDIGAM VEERABRAHMAM,RAJAHMUNDRY vs. INCOME TAX OFFICER, WARD-2(1), RAJAHMUNDRY

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

Bench: Us:

Section 147 2 N. Veerabrahmam r.w.s. 144 r.w.s. 144B of the Income Tax Act, 1961 (for short “the Act”) dated 31.01.2024 for A.Y. 2018-19. The assessee has assailed the impugned order on the following grounds of appeal before us: “1. The order of the learned Commissioner of Income Tax (Appeals) is contrary to the facts and also

THE ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2, , VISKAHAPATNAM vs. SRI VIJAYA VISAKHA MILK PRODUCERS COMPANY LIMITED,, VISAKHAPATNAM

In the result, appeals filed by the revenue and the cross objections filed by the assessee are dismissed for the A

Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकर अपील सं./I.T.A.No.239/Viz/2020 & 237/Viz/2020 (ननधधारण वर्ा/ Assessment Year : 2012-13 &2013-14) Assistant Commissioner Of Vs. M/S Sri Vijaya Visakha Milk Income Tax Producers Company Limited Central Circle-2 Visakha Diary, Bhpv Post Visakhapatnam Nh-5, Nathayyapalem Visakhapatnam [Pan :Aajcs7398P] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent)

reassessment made in respect of an assessment year under this section, the tax shall be chargeable at the rate or rates as applicable to such assessment year. From the plain reading of the same, any return filed u/s 153A shall be deemed to have been filed as u/s 139 of the Act. Various judicial pronouncements have held that penalty

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]

80,260 S.Raja Ramesh 2,02,490 K.Lakshmi Uma 1,49,400 K.Prasad 2,39,992 K.Bhaskara Raju 5,84,880 K.Siva Rama Raju 2,69,050 S.Lavanya 1,09,620 K.Krishna Kumari 1,30,450 4.2 The assessee along with 8 other family members( in short’ land owners’)have entered into development agreement dated 01.12.2007 with M/s Navya Constructions

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]

80,260 S.Raja Ramesh 2,02,490 K.Lakshmi Uma 1,49,400 K.Prasad 2,39,992 K.Bhaskara Raju 5,84,880 K.Siva Rama Raju 2,69,050 S.Lavanya 1,09,620 K.Krishna Kumari 1,30,450 4.2 The assessee along with 8 other family members( in short’ land owners’)have entered into development agreement dated 01.12.2007 with M/s Navya Constructions

KANUMURI BHASKARA RAJU,,BAPULAPADU MANDAL vs. THE 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]

80,260 S.Raja Ramesh 2,02,490 K.Lakshmi Uma 1,49,400 K.Prasad 2,39,992 K.Bhaskara Raju 5,84,880 K.Siva Rama Raju 2,69,050 S.Lavanya 1,09,620 K.Krishna Kumari 1,30,450 4.2 The assessee along with 8 other family members( in short’ land owners’)have entered into development agreement dated 01.12.2007 with M/s Navya Constructions

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]

80,260 S.Raja Ramesh 2,02,490 K.Lakshmi Uma 1,49,400 K.Prasad 2,39,992 K.Bhaskara Raju 5,84,880 K.Siva Rama Raju 2,69,050 S.Lavanya 1,09,620 K.Krishna Kumari 1,30,450 4.2 The assessee along with 8 other family members( in short’ land owners’)have entered into development agreement dated 01.12.2007 with M/s Navya Constructions

SAMANTHAPUDI LAVANYA,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]

80,260 S.Raja Ramesh 2,02,490 K.Lakshmi Uma 1,49,400 K.Prasad 2,39,992 K.Bhaskara Raju 5,84,880 K.Siva Rama Raju 2,69,050 S.Lavanya 1,09,620 K.Krishna Kumari 1,30,450 4.2 The assessee along with 8 other family members( in short’ land owners’)have entered into development agreement dated 01.12.2007 with M/s Navya Constructions

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]

80,260 S.Raja Ramesh 2,02,490 K.Lakshmi Uma 1,49,400 K.Prasad 2,39,992 K.Bhaskara Raju 5,84,880 K.Siva Rama Raju 2,69,050 S.Lavanya 1,09,620 K.Krishna Kumari 1,30,450 4.2 The assessee along with 8 other family members( in short’ land owners’)have entered into development agreement dated 01.12.2007 with M/s Navya Constructions

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]

80,260 S.Raja Ramesh 2,02,490 K.Lakshmi Uma 1,49,400 K.Prasad 2,39,992 K.Bhaskara Raju 5,84,880 K.Siva Rama Raju 2,69,050 S.Lavanya 1,09,620 K.Krishna Kumari 1,30,450 4.2 The assessee along with 8 other family members( in short’ land owners’)have entered into development agreement dated 01.12.2007 with M/s Navya Constructions

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]

80,260 S.Raja Ramesh 2,02,490 K.Lakshmi Uma 1,49,400 K.Prasad 2,39,992 K.Bhaskara Raju 5,84,880 K.Siva Rama Raju 2,69,050 S.Lavanya 1,09,620 K.Krishna Kumari 1,30,450 4.2 The assessee along with 8 other family members( in short’ land owners’)have entered into development agreement dated 01.12.2007 with M/s Navya Constructions

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]

80,260 S.Raja Ramesh 2,02,490 K.Lakshmi Uma 1,49,400 K.Prasad 2,39,992 K.Bhaskara Raju 5,84,880 K.Siva Rama Raju 2,69,050 S.Lavanya 1,09,620 K.Krishna Kumari 1,30,450 4.2 The assessee along with 8 other family members( in short’ land owners’)have entered into development agreement dated 01.12.2007 with M/s Navya Constructions

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]

80,260 S.Raja Ramesh 2,02,490 K.Lakshmi Uma 1,49,400 K.Prasad 2,39,992 K.Bhaskara Raju 5,84,880 K.Siva Rama Raju 2,69,050 S.Lavanya 1,09,620 K.Krishna Kumari 1,30,450 4.2 The assessee along with 8 other family members( in short’ land owners’)have entered into development agreement dated 01.12.2007 with M/s Navya Constructions

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]

80,260 S.Raja Ramesh 2,02,490 K.Lakshmi Uma 1,49,400 K.Prasad 2,39,992 K.Bhaskara Raju 5,84,880 K.Siva Rama Raju 2,69,050 S.Lavanya 1,09,620 K.Krishna Kumari 1,30,450 4.2 The assessee along with 8 other family members( in short’ land owners’)have entered into development agreement dated 01.12.2007 with M/s Navya Constructions

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]

80,260 S.Raja Ramesh 2,02,490 K.Lakshmi Uma 1,49,400 K.Prasad 2,39,992 K.Bhaskara Raju 5,84,880 K.Siva Rama Raju 2,69,050 S.Lavanya 1,09,620 K.Krishna Kumari 1,30,450 4.2 The assessee along with 8 other family members( in short’ land owners’)have entered into development agreement dated 01.12.2007 with M/s Navya Constructions

KANUMURI LAKSHMI SIRISHA ,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]

80,260 S.Raja Ramesh 2,02,490 K.Lakshmi Uma 1,49,400 K.Prasad 2,39,992 K.Bhaskara Raju 5,84,880 K.Siva Rama Raju 2,69,050 S.Lavanya 1,09,620 K.Krishna Kumari 1,30,450 4.2 The assessee along with 8 other family members( in short’ land owners’)have entered into development agreement dated 01.12.2007 with M/s Navya Constructions

KANUMURI LAKSHMI SIRISHA ,BAPULAPADU MANDAL vs. THE ASSISTANT COMMISSIONER OF I NCOME 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]

80,260 S.Raja Ramesh 2,02,490 K.Lakshmi Uma 1,49,400 K.Prasad 2,39,992 K.Bhaskara Raju 5,84,880 K.Siva Rama Raju 2,69,050 S.Lavanya 1,09,620 K.Krishna Kumari 1,30,450 4.2 The assessee along with 8 other family members( in short’ land owners’)have entered into development agreement dated 01.12.2007 with M/s Navya Constructions

SAMANTHAPUDI LAVANYA,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]

80,260 S.Raja Ramesh 2,02,490 K.Lakshmi Uma 1,49,400 K.Prasad 2,39,992 K.Bhaskara Raju 5,84,880 K.Siva Rama Raju 2,69,050 S.Lavanya 1,09,620 K.Krishna Kumari 1,30,450 4.2 The assessee along with 8 other family members( in short’ land owners’)have entered into development agreement dated 01.12.2007 with M/s Navya Constructions