“Section 2(22)(b)”

Section References (mined)Section 2Section 2(22)(b)3 judgments

DCIT CENTRALCIRCLE-2(3), CHENNAI vs. M/S TANGI FCILITY SOLUTIONS PVT. LTD., CHENNAI

The appeal stand dismissed

ITA 735/CHNY/2023[2017-18]Status: DisposedITAT Chennai03 Jun 2024AY 2017-18

Bench: Hon’Ble Shri Mahavir Singh, Vp & Hon’Ble Shri Manoj Kumar Aggarwal, Am आयकरअपीलसं./ Ita No.735/Chny/2023 (िनधा*रणवष* / Assessment Year: 2017-18) Dcit M/S. Tangi Facility Solutions Pvt. Ltd. बनाम/ Central Circle-2(3) Old No.42, New No.2, Chennai-34. Luz Avenue, Mylapore, Vs. Chennai-600 004. "थायीलेखासं./जीआइआरसं./Pan/Gir No. Aafct-1408-B (अपीलाथ"/Appellant) : (" थ" / Respondent) अपीलाथ" कीओरसे/ Appellant By : Mrs. Swapna Nanu Ambath (Cit)- Ld. Dr " थ"कीओरसे/Respondent By : Shri G. Shivakumar (Advocate)-Ld. Ar सुनवाई की तारीख/Date Of Hearing : 18-03-2024 घोषणा की तारीख /Date Of Pronouncement : 03-06-2024

For Appellant: Mrs. Swapna Nanu Ambath (CIT)- Ld. DRFor Respondent: Shri G. Shivakumar (Advocate)-Ld. AR

Section 143(3)Section 147Section 148Section 2(22)(b)Section 56(2)Section 56(2)(viia)

आयकर अपीलीय अिधकरण “बी” "ायपीठ चे"ई म"। IN THE INCOME TAX APPELLATE TRIBUNAL “B” BENCH, CHENNAI माननीय "ी महावीर िसंह

DCIT CORPORATE CIRCLE 3(2), CHENNAI vs. VENTURE LIGHTING INDIA LIMITED, CHENNAI

In the result, the appeal filed by the Revenue is dismissed

ITA 3171/CHNY/2019[2011-12]Status: DisposedITAT Chennai14 Dec 2022AY 2011-12

Bench: Shri Mahavir Singhand Shri Manoj Kumar Aggarwal

For Appellant: Shri P. Sajit Kumar, JCITFor Respondent: Shri N. Arjun Raj, CA

Section 143(3)Section 56(2)(viia)

shares are in compliance with the provisions of Section 77A of the Companies Act and even it would not attract provisions of section 2(22)(b) of the Act. The CIT(A) noted that the assessee has filed the compliance report u/s.77A of the Companies Act and necessary Form

JP MORGAN FUNDS ,MUMBAI vs. DCIT (IT) 3(1)(1), MUMBAI

In the result, the appeal is allowed

ITA 2430/MUM/2019[2015-16]Status: DisposedITAT Mumbai24 Jun 2022AY 2015-16

Section 143(3)Section 2(22)(b)Section 250

cost of acquisition of the bonus debentures received from Blue Dart Express Limited (BDEL) in the nature of ‘dividend’ [as defined under section 2(22)(b) of the Act, Assessment Year: 2015-16 Page 2 of 5 on which dividend Distribution Tax had been discharged] as ‘Nil’ while computing ... Assessment Year: 2015-16 Page 4 of 5 trustee of the Members as deemed dividend within the meaning of the term under Section 2(22)(b) of the Income tax Act, 1961 ("the Act”) and also discharged its liability thereon under section 115-O of the Act. The Merchant Banker