आयकर अपील(cid:547)य अ(cid:876)धकरण, हैदराबाद पीठ IN THE INCOME TAX APPELLATE TRIBUNAL Hyderabad ‘ B ‘ Bench, Hyderabad (cid:302)ी (cid:874)वजय पाल राव, उपाÚ य¢ एव ं (cid:302)ी मंजुनाथ जी, लेखा सदè य के सम¢ ।

Before Shri Vijay Pal Rao, Vice-President A N D Shri Manjunatha G. Accountant Member आ.अपी.सं /ITA Nos.1566 and 1571/Hyd/2025 (िनधा१रण वष१/Assessment Years: 2020-21 and 2021-22)

M/s. EXEL Rubber Private Ltd Vs. Dy.CIT Hyderabad Central Circle 1 (2) PAN:AAACE4495J Hyderabad (Appellant) (Respondent)

िनधा१ौरती (cid:554)ारा/Assessee by: Shri M.V. Prasad, CA राज(cid:830) व (cid:554)ारा/Revenue by: Dr. Narendra Kumar Naik, CIT (DR)

सुनवाई की तारीख/Date of hearing: 20/01/2026 घोषणा की तारीख/Pronouncement: 18/02/2026 आदेश/ORDER Per MANJUNATHA, G. A.M.

These two appeals filed by the assessee are directed against the separate orders passed by the Learned Commissioner of Income Tax (Appeals)-11, Hyderabad, both dated 14/07/2025 for the A.Ys 2020-21, 2021-22 and 2022-23 respectively. Since common issues are involved in these two appeals, for the sake of convenience, these were heard together and are being disposed of by this common consolidated order.

ITA No.1566/Hyd/2025 A.Y 2020-21

2. The asses