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7 results for “section 68”+ Penny Stockclear

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Key Topics

Addition to Income7Section 1475Section 1315Bogus/Accommodation Entry5Bogus Purchases5Section 143(1)2Section 143(2)2Section 133A2Section 68

THE ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-1(1), VIJAYAWADA, VIJAYAWADA vs. VEDMUTHA ELECTRICALS INDIA PRIVATE LIMITED, VIJAYAWADA

In the result, all the captioned appeals filed by the Revenue are allowed for statistical purposes

ITA 37/VIZ/2025[2017-18]Status: DisposedITAT Visakhapatnam30 Jun 2025AY 2017-18

Bench: Us:

For Appellant: None
Section 131Section 147

penny stocks and cases of accommodation entries" 9. Any other ground that may be urged at the time of appeal hearing.” Vedumutha Electricals India Private Limited. 3. Succinctly stated, the assessee company which is a group entity of “Goldmedal group” is engaged in the business of trading in electrical goods had filed its return of income

ACIT, CIRCLE-1(1),, VIJAYAWADA vs. VEDMUTHA ELECTRICALS INDIA PRIVATE LIMITED, VIJAYAWADA

In the result, all the captioned appeals filed by the Revenue are allowed for statistical purposes

2
Capital Gains2
Penny Stock2
Unexplained Cash Credit2
ITA 36/VIZ/2025[2016-17]Status: DisposedITAT Visakhapatnam30 Jun 2025AY 2016-17

Bench: Us:

For Appellant: None
Section 131Section 147

penny stocks and cases of accommodation entries" 9. Any other ground that may be urged at the time of appeal hearing.” Vedumutha Electricals India Private Limited. 3. Succinctly stated, the assessee company which is a group entity of “Goldmedal group” is engaged in the business of trading in electrical goods had filed its return of income

THE INCOME TAX OFFICER, CIRCLE-1(1), VIJAYAWADA, VIJAYAWADA vs. VEDMUTHA ELECTRICALS INDIA PRIVATE LIMITED, VIJAYAWADA

In the result, all the captioned appeals filed by the Revenue are allowed for statistical purposes

ITA 35/VIZ/2025[2014-15]Status: DisposedITAT Visakhapatnam30 Jun 2025AY 2014-15

Bench: Us:

For Appellant: None
Section 131Section 147

penny stocks and cases of accommodation entries" 9. Any other ground that may be urged at the time of appeal hearing.” Vedumutha Electricals India Private Limited. 3. Succinctly stated, the assessee company which is a group entity of “Goldmedal group” is engaged in the business of trading in electrical goods had filed its return of income

ACIT, CIRCLE-1(1), VIJAYAWADA, VIJAYAWADA vs. VEDMUTHA ELECTRICALS INDIA PRIVATE LIMITED, VIJAYAWADA

In the result, all the captioned appeals filed by the Revenue are allowed for statistical purposes

ITA 34/VIZ/2025[2013-14]Status: DisposedITAT Visakhapatnam30 Jun 2025AY 2013-14

Bench: Us:

For Appellant: None
Section 131Section 147

penny stocks and cases of accommodation entries" 9. Any other ground that may be urged at the time of appeal hearing.” Vedumutha Electricals India Private Limited. 3. Succinctly stated, the assessee company which is a group entity of “Goldmedal group” is engaged in the business of trading in electrical goods had filed its return of income

THE ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-1(1), VIJAYAWADA, VIJAYAWADA vs. VEDMUTHA ELECTRICALS INDIA PRIVATE LIMITED, VIJAYAWADA

In the result, all the captioned appeals filed by the Revenue are allowed for statistical purposes

ITA 38/VIZ/2025[2017-18]Status: DisposedITAT Visakhapatnam30 Jun 2025AY 2017-18

Bench: Us:

For Appellant: None
Section 131Section 147

penny stocks and cases of accommodation entries" 9. Any other ground that may be urged at the time of appeal hearing.” Vedumutha Electricals India Private Limited. 3. Succinctly stated, the assessee company which is a group entity of “Goldmedal group” is engaged in the business of trading in electrical goods had filed its return of income

THE ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-1(1),, VISAKHAPTNAM vs. MATTAPALLI RAMGOPAL,, VISAKHAPATNAM

In the result, appeals of the revenue are dismissed

ITA 65/VIZ/2021[2014-15]Status: DisposedITAT Visakhapatnam29 Mar 2023AY 2014-15

Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकर अपील सं./I.T.A.No.65/Viz/2021 & 66/Viz/2021 (निर्धारण वर्ा / Assessment Year : 2014-15 & 2015-16) Asst.Commissioner Of Income Tax Vs. Mattapalli Ramgopal Circle-1(1) 25-8-246, Main Road Visakhapatnam Kurupam Market Visakhapatnam [Pan : Aarpw2133K] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent)

For Appellant: Shri I.Kama Sastry, ARFor Respondent: Shri O.N.Hari Prasada Rao, DR
Section 133ASection 143(1)Section 143(2)Section 68

68 of the Act and Rs.4,30,143/- towards interest on housing loan. 3. On being aggrieved, the assessee preferred an appeal before the CIT(A) and the Ld.CIT(A) allowed the appeal of the assessee. 4. On being aggrieved, the revenue preferred an appeal before the Tribunal and raised the following grounds : 1. The order of the Ld.CIT

THE ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-1(1),, VISAKHAPATNAM vs. MATTAPALLI RAMGOPAL, VISAKHAPATNAM

In the result, appeals of the revenue are dismissed

ITA 66/VIZ/2021[20105-16]Status: DisposedITAT Visakhapatnam29 Mar 2023

Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकर अपील सं./I.T.A.No.65/Viz/2021 & 66/Viz/2021 (निर्धारण वर्ा / Assessment Year : 2014-15 & 2015-16) Asst.Commissioner Of Income Tax Vs. Mattapalli Ramgopal Circle-1(1) 25-8-246, Main Road Visakhapatnam Kurupam Market Visakhapatnam [Pan : Aarpw2133K] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent)

For Appellant: Shri I.Kama Sastry, ARFor Respondent: Shri O.N.Hari Prasada Rao, DR
Section 133ASection 143(1)Section 143(2)Section 68

68 of the Act and Rs.4,30,143/- towards interest on housing loan. 3. On being aggrieved, the assessee preferred an appeal before the CIT(A) and the Ld.CIT(A) allowed the appeal of the assessee. 4. On being aggrieved, the revenue preferred an appeal before the Tribunal and raised the following grounds : 1. The order of the Ld.CIT