THE ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2, , RAJAHMUNDRY vs. K.V.V.S.N.ASSOCIATES,, TANUKU

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

Bench: Shri V. Durga Rao& Shri D.S. Sunder Singhआयकरअपील सं./I.T.A.No.107/Viz/2018 To 111/Viz/2018 (निर्धारण वर्ा/Assessment Year :2010-11 To 2014-15 Respectively) Asst. Commissioner Of Vs. M/S K.V.V.S.N.Associates Income Tax D.No.20-8-5, Nadellavari Street Central Circle-2 Tanuku Rajahmundry West Godavari Dist. [Pan : Aaifk3522 (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent) Cross Objection No.22/Viz/2018 To 26/Viz/2018 (Arising Out Of I.T.A.No.107/Viz/2018 To 111/Viz/2018) (निर्धारण वर्ा/Assessment Year :2010-11 To 2014-15 Respectively) Vs. Asst. Commissioner Of M/S K.V.V.S.N.Associates D.No.20-8-5, Nadellavari Street Income Tax Tanuku Central Circle-2 West Godavari Dist. Rajahmundry [Pan : Aaifk3522F] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent) रधजस्व कीओर से /Revenue By : Shri Ravi Shankar Narayan, Cit, Dr निर्धाऩरती की ओर से / Assessee By : Shri G.V.N.Hari, Ar सुिवधई की तधरीख / Date Of Hearing : 26.02.2020 घोर्णध की तधरीख/Date Of Pronouncement : 28 .02.2020

survey u/s 133A on 22.01.2015 vide impounding order dated 22.01.2015 which was seized as Annexure A/KVVSN/02. Without releasing 8 I.T.A. No.107/Viz/2018 to 111/Viz/2018 Cross Objection No.22/Viz/2018 to 26/Viz/2018, A.Y.2010-11 to 2014-15 M/s K.V.V.S.N.Associates, Tanuku the said material, the same was stated to have been shown as seized in Panchnama during the course of search in the residence

THE ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2, , RAJAHMUNDRY vs. K.V.V.S.N.ASSOCIATES,, TANUKU

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

Bench: Shri V. Durga Rao& Shri D.S. Sunder Singhआयकरअपील सं./I.T.A.No.107/Viz/2018 To 111/Viz/2018 (निर्धारण वर्ा/Assessment Year :2010-11 To 2014-15 Respectively) Asst. Commissioner Of Vs. M/S K.V.V.S.N.Associates Income Tax D.No.20-8-5, Nadellavari Street Central Circle-2 Tanuku Rajahmundry West Godavari Dist. [Pan : Aaifk3522 (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent) Cross Objection No.22/Viz/2018 To 26/Viz/2018 (Arising Out Of I.T.A.No.107/Viz/2018 To 111/Viz/2018) (निर्धारण वर्ा/Assessment Year :2010-11 To 2014-15 Respectively) Vs. Asst. Commissioner Of M/S K.V.V.S.N.Associates D.No.20-8-5, Nadellavari Street Income Tax Tanuku Central Circle-2 West Godavari Dist. Rajahmundry [Pan : Aaifk3522F] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent) रधजस्व कीओर से /Revenue By : Shri Ravi Shankar Narayan, Cit, Dr निर्धाऩरती की ओर से / Assessee By : Shri G.V.N.Hari, Ar सुिवधई की तधरीख / Date Of Hearing : 26.02.2020 घोर्णध की तधरीख/Date Of Pronouncement : 28 .02.2020

survey u/s 133A on 22.01.2015 vide impounding order dated 22.01.2015 which was seized as Annexure A/KVVSN/02. Without releasing 8 I.T.A. No.107/Viz/2018 to 111/Viz/2018 Cross Objection No.22/Viz/2018 to 26/Viz/2018, A.Y.2010-11 to 2014-15 M/s K.V.V.S.N.Associates, Tanuku the said material, the same was stated to have been shown as seized in Panchnama during the course of search in the residence

THE ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2, , RAJAHMUNDRY vs. K.V.V.S.N.ASSOCIATES,, TANUKU

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

Bench: Shri V. Durga Rao& Shri D.S. Sunder Singhआयकरअपील सं./I.T.A.No.107/Viz/2018 To 111/Viz/2018 (निर्धारण वर्ा/Assessment Year :2010-11 To 2014-15 Respectively) Asst. Commissioner Of Vs. M/S K.V.V.S.N.Associates Income Tax D.No.20-8-5, Nadellavari Street Central Circle-2 Tanuku Rajahmundry West Godavari Dist. [Pan : Aaifk3522 (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent) Cross Objection No.22/Viz/2018 To 26/Viz/2018 (Arising Out Of I.T.A.No.107/Viz/2018 To 111/Viz/2018) (निर्धारण वर्ा/Assessment Year :2010-11 To 2014-15 Respectively) Vs. Asst. Commissioner Of M/S K.V.V.S.N.Associates D.No.20-8-5, Nadellavari Street Income Tax Tanuku Central Circle-2 West Godavari Dist. Rajahmundry [Pan : Aaifk3522F] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent) रधजस्व कीओर से /Revenue By : Shri Ravi Shankar Narayan, Cit, Dr निर्धाऩरती की ओर से / Assessee By : Shri G.V.N.Hari, Ar सुिवधई की तधरीख / Date Of Hearing : 26.02.2020 घोर्णध की तधरीख/Date Of Pronouncement : 28 .02.2020

survey u/s 133A on 22.01.2015 vide impounding order dated 22.01.2015 which was seized as Annexure A/KVVSN/02. Without releasing 8 I.T.A. No.107/Viz/2018 to 111/Viz/2018 Cross Objection No.22/Viz/2018 to 26/Viz/2018, A.Y.2010-11 to 2014-15 M/s K.V.V.S.N.Associates, Tanuku the said material, the same was stated to have been shown as seized in Panchnama during the course of search in the residence

THE ACIT,, ELURU vs. M/S. SREE KALYANI AGRO INDUSTRIES PVT. LTD., PRATHIPADU

In the result, appeal filed by the revenue is dismissed

Bench: Shri V. Durga Rao, Hon’Ble & Shri D.S. Sunder Singh, Hon’Bleacit, Circle-1, Vs. M/S. Sree Kalyani Agro Eluru. Industries Pvt. Ltd., Prathipadu, Pentapadu Mandal, West Godavari District. Pan No. Aafcs 2116 K (Appellant) (Respondent)

transferred to another party, in need of reduction of carbon emission. It does not increase profit in any manner and does not need any expenses. It is a nature of entitlement to reduce carbon emission, however, there is no cost of acquisition or cost of product to get this entitlement Carbon credit is not in the nature of profit

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1, GUNTUR vs. VENKATRAMA POULTRIES PVT. LTD., GUNTUR

133A of the Act for the 15 premises.\nDuring the course of search proceedings, the search team noticed that assessee\ngenerated unaccounted income by way of production suppression of eggs and the\nPage No. 3\nITA Nos. 228, 229, 230 & 231/VIZ/2025\nC.O. Nos. 19, 20, 21 & 22/VIZ/2025\nVenkatrama Poultries Pvt Ltd.,\nsame are sold outside the books of accounts

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1, GUNTUR vs. VENKATRAMA POULTRIES PVT. LTD., GUNTUR

133A of the Act for the 15 premises.\nDuring the course of search proceedings, the search team noticed that assessee\ngenerated unaccounted income by way of production suppression of eggs and the\nPage No. 3\nITA Nos. 228, 229, 230 & 231/VIZ/2025\nC.O. Nos. 19, 20, 21 & 22/VIZ/2025\nVenkatrama Poultries Pvt Ltd.,\nsame are sold outside the books of accounts

DY. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1, GUNTUR vs. VENKATRAMA POULTRIES PVT LTD, GUNTUR

133A of the Act for the 15 premises.\nDuring the course of search proceedings, the search team noticed that assessee\ngenerated unaccounted income by way of production suppression of eggs and the\nPage No. 3\nITA Nos. 228, 229, 230 & 231/VIZ/2025\nC.O. Nos. 19, 20, 21 & 22/VIZ/2025\nVenkatrama Poultries Pvt Ltd.,\nsame are sold outside the books of accounts

DEPUTY COMMISSIONER OF INCOME TAX, GUNTUR vs. VENKATRAMA POULTRIES PVT. LTD, GUNTUR

133A of the Act for the 15 premises.\nDuring the course of search proceedings, the search team noticed that assessee\ngenerated unaccounted income by way of production suppression of eggs and the\nPage No. 3\nITA Nos. 228, 229, 230 & 231/VIZ/2025\nC.O. Nos. 19, 20, 21 & 22/VIZ/2025\nVenkatrama Poultries Pvt Ltd., 552\nsame are sold outside the books of accounts