*THE HON’BLE SRI JUSTICE SUJOY PAUL AND *THE HON’BLE SRI JUSTICE NAMAVARAPU RAJESHWAR RAO +WRIT PETITON Nos.29026, 29042, 29143, 29993 AND 29994 OF 2023 % 25-10-2024 # Jupally Real Estate Developers Private Limited, Rep. by its Director …Petitioner vs.

$ Deputy Commissioner of Income Tax, Central Circle-2 (1), Room No.612, 6th Floor, Aayakar Bhavan, Basheer Bagh, Hyderabad and Others … Respondents !Counsel for the Petitioner: Sri S.Ravi, Senior Counsel ^Counsel for Respondents: Ms.K.Mamata

>Head Note :

? Cases referred

1. AIRONLINE 2019 SC 714

2. [2024] 161 taxmann.com 604 (Madras)

3. (1869) LR 4 HL 100

4. (1921) 1 kb 64

5. JT 1999 (2) SC 272 6. (1951) 2 All ER 473 IN THE HIGH COURT FOR THE STATE OF TELANGANA HYDERABAD * * * *

WRIT PETITON Nos.29026, 29042, 29143, 29993 AND 29994 OF 2023 (Per Hon’ble Sri Justice Sujoy Paul)

Between:

Jupally Real Estate Developers Private Limited, Rep. by its Director …Petitioner vs.

Deputy Commissioner of Income Tax, Central Circle-2 (1), Room No.612, 6th Floor, Aayakar Bhavan, Basheer Bagh, Hyderabad and Others … Respondents JUDGMENT PRONOUNCED ON: 25.10.2024 THE HON’BLE SRI JUSTICE SUJOY PAUL AND THE HON’BLE SRI JUSTICE NAMAVARAPU RAJESHWAR RAO

1. Whether Rep