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39 results for “section 68”+ Deemed Dividendclear

Sorted by relevance

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Key Topics

Section 14859Section 143(3)51Section 153A48Addition to Income36Section 10A21Section 6818Section 13217Disallowance16Section 143(2)14

LATE AT RAYUDU INDIVIDUAL REPRESENTATIVE BY AVINASH ,VISAKHAPATNAM vs. THE COMMISSIONER OF INCOME TAX, APPEALS-3,, VISAKHAPATNAM

In the result, appeal filed by the assessee is dismissed

ITA 614/VIZ/2018[2015-16]Status: DisposedITAT Visakhapatnam21 Dec 2022AY 2015-16

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

For Appellant: Sri GVN Hari, AdvocateFor Respondent: Sri MN Murthy Naik, CIT-DR
Section 132Section 139(1)Section 142(1)Section 143(2)Section 143(3)Section 153ASection 2(22)(e)Section 68

section 68 of the Act. (v) The Ld. CIT(A) has erred in law and on facts in considering the advance by ATR Warehousing Private Limited as deemed dividend

Showing 1–20 of 39 · Page 1 of 2

Section 14A14
House Property11
Depreciation10

LATE AT RAYUDU INDIVIDUAL REPRESENTATIVE BY AVINASH ,VISAKHAPATNAM vs. THE COMMISSIONER OF INCOME TAX, APPEALS-3, , VISAKHAPATNAM

In the result, appeal filed by the assessee is dismissed

ITA 613/VIZ/2018[2014-15]Status: DisposedITAT Visakhapatnam21 Dec 2022AY 2014-15

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

For Appellant: Sri GVN Hari, AdvocateFor Respondent: Sri MN Murthy Naik, CIT-DR
Section 132Section 139(1)Section 142(1)Section 143(2)Section 143(3)Section 153ASection 2(22)(e)Section 68

section 68 of the Act. (v) The Ld. CIT(A) has erred in law and on facts in considering the advance by ATR Warehousing Private Limited as deemed dividend

A.TIRUPATHI RAYUDU(HUF),VISAKHAPATNAM vs. THE DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2,, VISAKHAPATNAM

In the result, appeal filed by the assessee dismissed

ITA 96/VIZ/2020[2013-14]Status: DisposedITAT Visakhapatnam21 Dec 2022AY 2013-14

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

For Appellant: Sri GVN Hari, AdvocateFor Respondent: Sri MN Murthy Naik, CIT-DR
Section 132Section 139(1)Section 142(1)Section 143(2)Section 143(3)Section 153ASection 2(22)(e)Section 68

section 68 of the Act. (v) The Ld. CIT(A) has erred in law and on facts in considering the advance by ATR Warehousing Private Limited as deemed dividend

BHAVANASI YELLA RAO vs. THE ACIT,, VIJAYAWADA

In the result, the assessee’s appeals in ITA Nos

ITA 268/VIZ/2017[2011-2012]Status: DisposedITAT Visakhapatnam19 Jan 2018AY 2011-2012

Bench: Shri V. Durga Rao & Shri D.S. Sunder Singhआयकर अपील सं./I.T.A.No.265, 266, 267 & 268/Vizag/2017 (धनधाारण िर्ा / Assessment Years: (2007-08, 2009-10, 2010-11 & 2011-12) Bhavanasi Yella Rao Acit, Central Circle Guntur Vijayawada [Pan No.Acjpb0307J] (अपीलाथी / Appellant) (प्रत्याथी / Respondent) आयकर अपील सं./I.T.A.No.351/Vizag/2017 (धनधाारण िर्ा / Assessment Year: 2011-12) Acit, Central Circle Bhavanasi Yella Rao Vijayawada Guntur (अपीलाथी / Appellant) (प्रत्याथी / Respondent) अपीलाथी की ओर से / Appellant By : Shri G.V.N. Hari, Ar प्रत्याथी की ओर से / Respondent By : Shri Debakumar Sonowal, Dr सुनिाई की तारीख / Date Of Hearing : 09.01.2018 घोर्णा की तारीख / Date Of Pronouncement : 19.01.2018

For Appellant: Shri G.V.N. Hari, ARFor Respondent: Shri Debakumar Sonowal
Section 132Section 143(2)Section 143(3)Section 153A

deemed dividend u/s 2(22)(e) of the Act for the assessment years 2004-05 & 2005-06. 11. The similar issue has been considered by the Hon’ble ITAT Kolkata bench in the case of Smt. Yamini Agarwal Vs. DCIT (Central Circle)-3, Kolkata reported in 83 Taxman.com 209 after considering the decision of special bench ruling in the case

BHAVANASI YELLA RAO vs. THE ACIT,, VIJAYAWADA

In the result, the assessee’s appeals in ITA Nos

ITA 267/VIZ/2017[2010-2011]Status: DisposedITAT Visakhapatnam19 Jan 2018AY 2010-2011

Bench: Shri V. Durga Rao & Shri D.S. Sunder Singhआयकर अपील सं./I.T.A.No.265, 266, 267 & 268/Vizag/2017 (धनधाारण िर्ा / Assessment Years: (2007-08, 2009-10, 2010-11 & 2011-12) Bhavanasi Yella Rao Acit, Central Circle Guntur Vijayawada [Pan No.Acjpb0307J] (अपीलाथी / Appellant) (प्रत्याथी / Respondent) आयकर अपील सं./I.T.A.No.351/Vizag/2017 (धनधाारण िर्ा / Assessment Year: 2011-12) Acit, Central Circle Bhavanasi Yella Rao Vijayawada Guntur (अपीलाथी / Appellant) (प्रत्याथी / Respondent) अपीलाथी की ओर से / Appellant By : Shri G.V.N. Hari, Ar प्रत्याथी की ओर से / Respondent By : Shri Debakumar Sonowal, Dr सुनिाई की तारीख / Date Of Hearing : 09.01.2018 घोर्णा की तारीख / Date Of Pronouncement : 19.01.2018

For Appellant: Shri G.V.N. Hari, ARFor Respondent: Shri Debakumar Sonowal
Section 132Section 143(2)Section 143(3)Section 153A

deemed dividend u/s 2(22)(e) of the Act for the assessment years 2004-05 & 2005-06. 11. The similar issue has been considered by the Hon’ble ITAT Kolkata bench in the case of Smt. Yamini Agarwal Vs. DCIT (Central Circle)-3, Kolkata reported in 83 Taxman.com 209 after considering the decision of special bench ruling in the case

BHAVANASI ANJANEYULU vs. THE ACIT,, VIJAYAWADA

In the result, the appeal of the assessee in ITA No

ITA 263/VIZ/2017[2008-2009]Status: DisposedITAT Visakhapatnam19 Jan 2018AY 2008-2009

Bench: Shri V. Durga Rao & Shri D.S. Sunder Singhआयकर अपील सं./I.T.A.No.261, 262 & 263/Vizag/2017 (धनधाारण िर्ा / Assessment Years: 2005-06, 2007-08 & 2008-09) Bhavanasi Anjaneyulu Acit, Central Circle Guntur Vijayawada [Pan No.Acjpb0329C] (अपीलाथी / Appellant) (प्रत्याथी / Respondent)

For Appellant: Shri G.V.N. Hari, ARFor Respondent: Shri Debakumar Sonowal
Section 132Section 143(3)Section 153ASection 68

68 of the Act as unexplained cash credit and unexplained gift. Regarding the cash deposits the A.O. observed that the amount of Rs.23,90,000/- was deposited by the assessee in the savings bank A/c No.01 /0000714 in Andhra Bank for which the assessee failed to explain the source, thus the A.O. has treated the same as unexplained deposits

BHAVANASI ANJANEYULU vs. THE ACIT,, VIJAYAWADA

In the result, the appeal of the assessee in ITA No

ITA 262/VIZ/2017[2007-2008]Status: DisposedITAT Visakhapatnam19 Jan 2018AY 2007-2008

Bench: Shri V. Durga Rao & Shri D.S. Sunder Singhआयकर अपील सं./I.T.A.No.261, 262 & 263/Vizag/2017 (धनधाारण िर्ा / Assessment Years: 2005-06, 2007-08 & 2008-09) Bhavanasi Anjaneyulu Acit, Central Circle Guntur Vijayawada [Pan No.Acjpb0329C] (अपीलाथी / Appellant) (प्रत्याथी / Respondent)

For Appellant: Shri G.V.N. Hari, ARFor Respondent: Shri Debakumar Sonowal
Section 132Section 143(3)Section 153ASection 68

68 of the Act as unexplained cash credit and unexplained gift. Regarding the cash deposits the A.O. observed that the amount of Rs.23,90,000/- was deposited by the assessee in the savings bank A/c No.01 /0000714 in Andhra Bank for which the assessee failed to explain the source, thus the A.O. has treated the same as unexplained deposits

DCIT, CENTRAL CIRCLE, VIJAYAWADA vs. SRI BHAVANSI YELLA RAO, PIDUGURALLA

In the result, the assessee’s appeals in ITA Nos

ITA 351/VIZ/2017[2011-2012]Status: DisposedITAT Visakhapatnam19 Jan 2018AY 2011-2012

Bench: Shri V. Durga Rao & Shri D.S. Sunder Singhआयकर अपील सं./I.T.A.No.265, 266, 267 & 268/Vizag/2017 (धनधाारण िर्ा / Assessment Years: (2007-08, 2009-10, 2010-11 & 2011-12) Bhavanasi Yella Rao Acit, Central Circle Guntur Vijayawada [Pan No.Acjpb0307J] (अपीलाथी / Appellant) (प्रत्याथी / Respondent) आयकर अपील सं./I.T.A.No.351/Vizag/2017 (धनधाारण िर्ा / Assessment Year: 2011-12) Acit, Central Circle Bhavanasi Yella Rao Vijayawada Guntur (अपीलाथी / Appellant) (प्रत्याथी / Respondent) अपीलाथी की ओर से / Appellant By : Shri G.V.N. Hari, Ar प्रत्याथी की ओर से / Respondent By : Shri Debakumar Sonowal, Dr सुनिाई की तारीख / Date Of Hearing : 09.01.2018 घोर्णा की तारीख / Date Of Pronouncement : 19.01.2018

For Appellant: Shri G.V.N. Hari, ARFor Respondent: Shri Debakumar Sonowal
Section 132Section 143(2)Section 143(3)Section 153A

deemed dividend u/s 2(22)(e) of the Act for the assessment years 2004-05 & 2005-06. 11. The similar issue has been considered by the Hon’ble ITAT Kolkata bench in the case of Smt. Yamini Agarwal Vs. DCIT (Central Circle)-3, Kolkata reported in 83 Taxman.com 209 after considering the decision of special bench ruling in the case

BHAVANASI YELLA RAO vs. THE ACIT,, VIJAYAWADA

In the result, the assessee’s appeals in ITA Nos

ITA 265/VIZ/2017[2007-2008]Status: DisposedITAT Visakhapatnam19 Jan 2018AY 2007-2008

Bench: Shri V. Durga Rao & Shri D.S. Sunder Singhआयकर अपील सं./I.T.A.No.265, 266, 267 & 268/Vizag/2017 (धनधाारण िर्ा / Assessment Years: (2007-08, 2009-10, 2010-11 & 2011-12) Bhavanasi Yella Rao Acit, Central Circle Guntur Vijayawada [Pan No.Acjpb0307J] (अपीलाथी / Appellant) (प्रत्याथी / Respondent) आयकर अपील सं./I.T.A.No.351/Vizag/2017 (धनधाारण िर्ा / Assessment Year: 2011-12) Acit, Central Circle Bhavanasi Yella Rao Vijayawada Guntur (अपीलाथी / Appellant) (प्रत्याथी / Respondent) अपीलाथी की ओर से / Appellant By : Shri G.V.N. Hari, Ar प्रत्याथी की ओर से / Respondent By : Shri Debakumar Sonowal, Dr सुनिाई की तारीख / Date Of Hearing : 09.01.2018 घोर्णा की तारीख / Date Of Pronouncement : 19.01.2018

For Appellant: Shri G.V.N. Hari, ARFor Respondent: Shri Debakumar Sonowal
Section 132Section 143(2)Section 143(3)Section 153A

deemed dividend u/s 2(22)(e) of the Act for the assessment years 2004-05 & 2005-06. 11. The similar issue has been considered by the Hon’ble ITAT Kolkata bench in the case of Smt. Yamini Agarwal Vs. DCIT (Central Circle)-3, Kolkata reported in 83 Taxman.com 209 after considering the decision of special bench ruling in the case

BHAVANASI YELLA RAO vs. THE ACIT,, VIJAYAWADA

In the result, the assessee’s appeals in ITA Nos

ITA 266/VIZ/2017[2009-2010]Status: DisposedITAT Visakhapatnam19 Jan 2018AY 2009-2010

Bench: Shri V. Durga Rao & Shri D.S. Sunder Singhआयकर अपील सं./I.T.A.No.265, 266, 267 & 268/Vizag/2017 (धनधाारण िर्ा / Assessment Years: (2007-08, 2009-10, 2010-11 & 2011-12) Bhavanasi Yella Rao Acit, Central Circle Guntur Vijayawada [Pan No.Acjpb0307J] (अपीलाथी / Appellant) (प्रत्याथी / Respondent) आयकर अपील सं./I.T.A.No.351/Vizag/2017 (धनधाारण िर्ा / Assessment Year: 2011-12) Acit, Central Circle Bhavanasi Yella Rao Vijayawada Guntur (अपीलाथी / Appellant) (प्रत्याथी / Respondent) अपीलाथी की ओर से / Appellant By : Shri G.V.N. Hari, Ar प्रत्याथी की ओर से / Respondent By : Shri Debakumar Sonowal, Dr सुनिाई की तारीख / Date Of Hearing : 09.01.2018 घोर्णा की तारीख / Date Of Pronouncement : 19.01.2018

For Appellant: Shri G.V.N. Hari, ARFor Respondent: Shri Debakumar Sonowal
Section 132Section 143(2)Section 143(3)Section 153A

deemed dividend u/s 2(22)(e) of the Act for the assessment years 2004-05 & 2005-06. 11. The similar issue has been considered by the Hon’ble ITAT Kolkata bench in the case of Smt. Yamini Agarwal Vs. DCIT (Central Circle)-3, Kolkata reported in 83 Taxman.com 209 after considering the decision of special bench ruling in the case

BHAVANASI ANJANEYULU vs. THE ACIT,, VIJAYAWADA

In the result, the appeal of the assessee in ITA No

ITA 261/VIZ/2017[2005-2006]Status: DisposedITAT Visakhapatnam19 Jan 2018AY 2005-2006

Bench: Shri V. Durga Rao & Shri D.S. Sunder Singhआयकर अपील सं./I.T.A.No.261, 262 & 263/Vizag/2017 (धनधाारण िर्ा / Assessment Years: 2005-06, 2007-08 & 2008-09) Bhavanasi Anjaneyulu Acit, Central Circle Guntur Vijayawada [Pan No.Acjpb0329C] (अपीलाथी / Appellant) (प्रत्याथी / Respondent)

For Appellant: Shri G.V.N. Hari, ARFor Respondent: Shri Debakumar Sonowal
Section 132Section 143(3)Section 153ASection 68

68 of the Act as unexplained cash credit and unexplained gift. Regarding the cash deposits the A.O. observed that the amount of Rs.23,90,000/- was deposited by the assessee in the savings bank A/c No.01 /0000714 in Andhra Bank for which the assessee failed to explain the source, thus the A.O. has treated the same as unexplained deposits

NUKALA LAKSHMANA RAO,,ELURU vs. INCOME TAX OFFICER, WARD-2, , ELURU

The appeal of the assessee is allowed

ITA 267/VIZ/2018[2013-2014]Status: DisposedITAT Visakhapatnam30 Jan 2019AY 2013-2014

Bench: Shri V. Durga Rao& Shri D.S. Sunder Singhआयकर अपील सं./I.T.A.No.267/Viz/2018 (ननधधारण वर्ा/ Assessment Year: 2013-14) Nukala Lakshmana Rao Vs. Income Tax Officer H.No.7B-15-45 Ward-2 Maruthi Nilayam Eluru Uppuvari Lane Eastern Street Eluru [Pan : Aedpn8127J] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent) अपीलधथी की ओर से/ Appellant By : Shri I.Kama Sastry, Ar प्रत्यधथी की ओर से/ Respondent By : Shri D.K.Sonowal,Cit Dr सुनवधई की तधरीख / Date Of Hearing : 17.01.2019 01.02.2019 घोर्णध की तधरीख/Date Of Pronouncement : आदेश /O R D E R

For Appellant: Shri I.Kama Sastry, ARFor Respondent: Shri D.K.Sonowal,CIT DR
Section 143(1)Section 143(3)Section 2(22)(e)

section 2(22)(e) of the Act, contemplates actual payment made by the company to the assessee being treated as deemed dividend in computing the income of the assessee. For the sake of clarity and convenience, we extract relevant part of the order of the Hon’ble High Court in page No.7 which reads as under : “This shows that during

THE ACIT,CIRCLE - 1,, RAJAHMUNDRY vs. M/STHE ARYAPURAM CO-OPRATIVE URBAN BANK LTD.,, RAJAHMUNDRY

In the result, all the appeals filed by the assessee are partly allowed for statistical purposes; and the appeal filed by the Revenue is dismissed

ITA 195/VIZ/2013[2009-10]Status: DisposedITAT Visakhapatnam28 May 2018AY 2009-10

Bench: Shri V. Durga Rao, Hon’Ble & Shri D.S. Sunder Singh, Hon’Ble

For Appellant: Shri G.V.N. Hari – AdvocateFor Respondent: Shri Deba Kumar Sonawal – CIT DR
Section 143(3)Section 144Section 148Section 43Section 43B

Dividend”, which is an appropriation of profit. (c) The Partnership firms and Association of Persons are not legal entities. Under the Act, the payment of interest on capital is not allowed as a deduction except for the partnership firms. (d) For the purpose of computing income under the Income tax Act, the provisions of the Income tax Act alone should

THE ARYAPURAM CO-OPERATIVE URBAN BANK LTD.,RAJAHMUNDRY vs. THE ACIT,, RAJAHMUNDRY

In the result, all the appeals filed by the assessee are partly allowed for statistical purposes; and the appeal filed by the Revenue is dismissed

ITA 173/VIZ/2015[2011-12]Status: DisposedITAT Visakhapatnam28 May 2018AY 2011-12

Bench: Shri V. Durga Rao, Hon’Ble & Shri D.S. Sunder Singh, Hon’Ble

For Appellant: Shri G.V.N. Hari – AdvocateFor Respondent: Shri Deba Kumar Sonawal – CIT DR
Section 143(3)Section 144Section 148Section 43Section 43B

Dividend”, which is an appropriation of profit. (c) The Partnership firms and Association of Persons are not legal entities. Under the Act, the payment of interest on capital is not allowed as a deduction except for the partnership firms. (d) For the purpose of computing income under the Income tax Act, the provisions of the Income tax Act alone should

ARYAPURAM CO=OP. URBANK LTD.,,RAJAHMUNDRY vs. THE ACIT,, RAJAHMUNDRY

In the result, all the appeals filed by the assessee are partly allowed for statistical purposes; and the appeal filed by the Revenue is dismissed

ITA 517/VIZ/2014[2010-11]Status: DisposedITAT Visakhapatnam28 May 2018AY 2010-11

Bench: Shri V. Durga Rao, Hon’Ble & Shri D.S. Sunder Singh, Hon’Ble

For Appellant: Shri G.V.N. Hari – AdvocateFor Respondent: Shri Deba Kumar Sonawal – CIT DR
Section 143(3)Section 144Section 148Section 43Section 43B

Dividend”, which is an appropriation of profit. (c) The Partnership firms and Association of Persons are not legal entities. Under the Act, the payment of interest on capital is not allowed as a deduction except for the partnership firms. (d) For the purpose of computing income under the Income tax Act, the provisions of the Income tax Act alone should

THE ARYAPURAM CO-OPERATIVE URBAN BANK LTD.,,RAJAHMUNDRY vs. THE ACIT, CIRCLE - 1, RAJAHMUNDRY

In the result, all the appeals filed by the assessee are partly allowed for statistical purposes; and the appeal filed by the Revenue is dismissed

ITA 177/VIZ/2013[2009-10]Status: DisposedITAT Visakhapatnam28 May 2018AY 2009-10

Bench: Shri V. Durga Rao, Hon’Ble & Shri D.S. Sunder Singh, Hon’Ble

For Appellant: Shri G.V.N. Hari – AdvocateFor Respondent: Shri Deba Kumar Sonawal – CIT DR
Section 143(3)Section 144Section 148Section 43Section 43B

Dividend”, which is an appropriation of profit. (c) The Partnership firms and Association of Persons are not legal entities. Under the Act, the payment of interest on capital is not allowed as a deduction except for the partnership firms. (d) For the purpose of computing income under the Income tax Act, the provisions of the Income tax Act alone should

THE ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE, VIJAYAWADA vs. M/S. FIRST TEK PVT.LTD, HYDERABAD

In the result appeals of the revenue for the A

ITA 607/VIZ/2019[2009-2010]Status: DisposedITAT Visakhapatnam24 Nov 2020AY 2009-2010

Bench: Shri V. Durga Rao& Shri D.S. Sunder Singhआयकर अपील सं./I.T.A.No.574-577/Viz/2019 & 609/Viz/2019 (निर्धारण वर्ा/Assessment Year:2007-08 To 2010-11 & 2011-12) M/S First Tek Private Limited Vs. Asst.Commissioner Of Bhavanasi Anjaneyulu Income Tax Sri Balaji Chemical Industries Central Circle Main Road, Piduguralla Vijayawada Guntur [Pan : Aaacf8840N] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent) आयकर अपील सं./I.T.A.No.607/Viz/2019 & 608/Viz/2019 (निर्धारण वर्ा/Assessment Year:2009-10 & 2011-2012) Asst.Commissioner Of Vs. M/S First Tek Private Limited Income Tax Bhavanasi Anjaneyulu Central Circle Sri Balaji Chemical Industries Vijayawada Main Road, Piduguralla Guntur [Pan : Aaacf8840N] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent) निर्धाऩरती की ओर से / Assessee By : Shri G.V.N.Hari, Ar रधजस्व की ओर से /Revenue By : Shri D.K.Sonowal, Cit, Dr सुिवधई की तधरीख / Date Of Hearing : 23.09.2020 घोर्णध की तधरीख/Date Of .11.2020 Pronouncement

For Appellant: Shri G.V.N.Hari, ARFor Respondent: Shri D.K.Sonowal, CIT, DR
Section 10ASection 143(3)Section 14ASection 1O

deemed dividend u/s 2(22)(e) of the Act for the assessment years 2004-05 & 2005-06.” 9.1. No other decision was brought on record by the department during the appeal hearing to support the department’s contention. Therefore, respectfully following the view taken by this Tribunal in the case of Y.V.Anjaneyulu (supra), we hold that the additions made

FIRST TEK PRIVATE LIMITED,HYDERABAD vs. THE ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE, VIJAYAWADA

In the result appeals of the revenue for the A

ITA 576/VIZ/2019[2009-2010]Status: DisposedITAT Visakhapatnam24 Nov 2020AY 2009-2010

Bench: Shri V. Durga Rao& Shri D.S. Sunder Singhआयकर अपील सं./I.T.A.No.574-577/Viz/2019 & 609/Viz/2019 (निर्धारण वर्ा/Assessment Year:2007-08 To 2010-11 & 2011-12) M/S First Tek Private Limited Vs. Asst.Commissioner Of Bhavanasi Anjaneyulu Income Tax Sri Balaji Chemical Industries Central Circle Main Road, Piduguralla Vijayawada Guntur [Pan : Aaacf8840N] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent) आयकर अपील सं./I.T.A.No.607/Viz/2019 & 608/Viz/2019 (निर्धारण वर्ा/Assessment Year:2009-10 & 2011-2012) Asst.Commissioner Of Vs. M/S First Tek Private Limited Income Tax Bhavanasi Anjaneyulu Central Circle Sri Balaji Chemical Industries Vijayawada Main Road, Piduguralla Guntur [Pan : Aaacf8840N] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent) निर्धाऩरती की ओर से / Assessee By : Shri G.V.N.Hari, Ar रधजस्व की ओर से /Revenue By : Shri D.K.Sonowal, Cit, Dr सुिवधई की तधरीख / Date Of Hearing : 23.09.2020 घोर्णध की तधरीख/Date Of 24.11.2020 Pronouncement

For Appellant: Shri G.V.N.Hari, ARFor Respondent: Shri D.K.Sonowal, CIT, DR
Section 10ASection 143(3)Section 14ASection 1O

deemed dividend u/s 2(22)(e) of the Act for the assessment years 2004-05 & 2005-06.” 9.1. No other decision was brought on record by the department during the appeal hearing to support the department’s contention. Therefore, respectfully following the view taken by this Tribunal in the case of Y.V.Anjaneyulu (supra), we hold that the additions made

FIRST TEK PRIVATE LIMITED,HYDERABAD vs. THE ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE, VIJAYAWADA

In the result appeals of the revenue for the A

ITA 575/VIZ/2019[2008-2009]Status: DisposedITAT Visakhapatnam24 Nov 2020AY 2008-2009

Bench: Shri V. Durga Rao& Shri D.S. Sunder Singhआयकर अपील सं./I.T.A.No.574-577/Viz/2019 & 609/Viz/2019 (निर्धारण वर्ा/Assessment Year:2007-08 To 2010-11 & 2011-12) M/S First Tek Private Limited Vs. Asst.Commissioner Of Bhavanasi Anjaneyulu Income Tax Sri Balaji Chemical Industries Central Circle Main Road, Piduguralla Vijayawada Guntur [Pan : Aaacf8840N] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent) आयकर अपील सं./I.T.A.No.607/Viz/2019 & 608/Viz/2019 (निर्धारण वर्ा/Assessment Year:2009-10 & 2011-2012) Asst.Commissioner Of Vs. M/S First Tek Private Limited Income Tax Bhavanasi Anjaneyulu Central Circle Sri Balaji Chemical Industries Vijayawada Main Road, Piduguralla Guntur [Pan : Aaacf8840N] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent) निर्धाऩरती की ओर से / Assessee By : Shri G.V.N.Hari, Ar रधजस्व की ओर से /Revenue By : Shri D.K.Sonowal, Cit, Dr सुिवधई की तधरीख / Date Of Hearing : 23.09.2020 घोर्णध की तधरीख/Date Of 24.11.2020 Pronouncement

For Appellant: Shri G.V.N.Hari, ARFor Respondent: Shri D.K.Sonowal, CIT, DR
Section 10ASection 143(3)Section 14ASection 1O

deemed dividend u/s 2(22)(e) of the Act for the assessment years 2004-05 & 2005-06.” 9.1. No other decision was brought on record by the department during the appeal hearing to support the department’s contention. Therefore, respectfully following the view taken by this Tribunal in the case of Y.V.Anjaneyulu (supra), we hold that the additions made

FIRST TEK PRIVATE LIMITED,HYDERABAD vs. THE ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE, VIJAYAWADA

In the result appeals of the revenue for the A

ITA 574/VIZ/2019[2007-2008]Status: DisposedITAT Visakhapatnam24 Nov 2020AY 2007-2008

Bench: Shri V. Durga Rao& Shri D.S. Sunder Singhआयकर अपील सं./I.T.A.No.574-577/Viz/2019 & 609/Viz/2019 (निर्धारण वर्ा/Assessment Year:2007-08 To 2010-11 & 2011-12) M/S First Tek Private Limited Vs. Asst.Commissioner Of Bhavanasi Anjaneyulu Income Tax Sri Balaji Chemical Industries Central Circle Main Road, Piduguralla Vijayawada Guntur [Pan : Aaacf8840N] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent) आयकर अपील सं./I.T.A.No.607/Viz/2019 & 608/Viz/2019 (निर्धारण वर्ा/Assessment Year:2009-10 & 2011-2012) Asst.Commissioner Of Vs. M/S First Tek Private Limited Income Tax Bhavanasi Anjaneyulu Central Circle Sri Balaji Chemical Industries Vijayawada Main Road, Piduguralla Guntur [Pan : Aaacf8840N] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent) निर्धाऩरती की ओर से / Assessee By : Shri G.V.N.Hari, Ar रधजस्व की ओर से /Revenue By : Shri D.K.Sonowal, Cit, Dr सुिवधई की तधरीख / Date Of Hearing : 23.09.2020 घोर्णध की तधरीख/Date Of 24.11.2020 Pronouncement

For Appellant: Shri G.V.N.Hari, ARFor Respondent: Shri D.K.Sonowal, CIT, DR
Section 10ASection 143(3)Section 14ASection 1O

deemed dividend u/s 2(22)(e) of the Act for the assessment years 2004-05 & 2005-06.” 9.1. No other decision was brought on record by the department during the appeal hearing to support the department’s contention. Therefore, respectfully following the view taken by this Tribunal in the case of Y.V.Anjaneyulu (supra), we hold that the additions made