METTUR MUNICIPALITY,SALEM vs. ITO (TDS), SALEM

In the result both the appeals of the assessee are allowed

Bench: Shri Manu Kumar Giri & Shri S.R. Raghunathaआयकर अपील सं./Ita No.: 758 & 759/Chny/2025 धनिाारण वर्ा / Assessment Year: 2023-24, 2024-25 Mettur Municipality Income Tax Officer (Tds) Salem. Municipality Office Road, Mettur Dam, Vs. Salem – 636 401. Tamil Nadu [Pan: Aaalm2764R] (अपीलाथी/Appellant) (प्रत्यथी/Respondent) अपीलाथी की ओर से/Appellant By : Shri. S. Bhupendran, Advocate. प्रत्यथी की ओर से/Respondent By : Ms. Gouthami Manivasagam, Jcit सुनवाई की तारीख/Date Of Hearing : 04.06.2025 घोर्णा की तारीख/Date Of Pronouncement : 12.08.2025

TDS [Page Nos.163 to 182 of Paper-book for AY 2023-24, Page Nos.231 to 250 of Paper-book for AY 2024-25]; 35. The Bangalore ITAT discussed the shareholding of KUIDFC only in so far as applicability of Section 194A(3)(iii)(f

METTUR MUNICIPALITY,SALEM vs. ITO (TDS) , SALEM

In the result both the appeals of the assessee are allowed

Bench: Shri Manu Kumar Giri & Shri S.R. Raghunathaआयकर अपील सं./Ita No.: 758 & 759/Chny/2025 धनिाारण वर्ा / Assessment Year: 2023-24, 2024-25 Mettur Municipality Income Tax Officer (Tds) Salem. Municipality Office Road, Mettur Dam, Vs. Salem – 636 401. Tamil Nadu [Pan: Aaalm2764R] (अपीलाथी/Appellant) (प्रत्यथी/Respondent) अपीलाथी की ओर से/Appellant By : Shri. S. Bhupendran, Advocate. प्रत्यथी की ओर से/Respondent By : Ms. Gouthami Manivasagam, Jcit सुनवाई की तारीख/Date Of Hearing : 04.06.2025 घोर्णा की तारीख/Date Of Pronouncement : 12.08.2025

TDS [Page Nos.163 to 182 of Paper-book for AY 2023-24, Page Nos.231 to 250 of Paper-book for AY 2024-25]; 35. The Bangalore ITAT discussed the shareholding of KUIDFC only in so far as applicability of Section 194A(3)(iii)(f

INDIAN OVERSEAS BANK,CHENNAI vs. DCIT,LTU(2), CHENNAI

Accordingly, this ground of Revenue is dismissed

Bench: Hon’Ble Shri Manoj Kumar Aggarwal & Hon’Ble Shri Manu Kumar Giriआयकरअपील सं./ Ita Nos.661/Chny/2019, 202 & 203/Chny/2023 (िनधा"रणवष" / Assessment Years: 2015-16, 2016-17 & 2017-2018) Indian Overseas Bank, Vs. The Assistant Commissioner Of 763, Anna Salai, Income Tax, Chennai 600 002. Ltu (2) Chennai. आयकरअपील सं./ Ita Nos.914/Chny/2019, 253 & 254/Chny/2023 (िनधा"रणवष" / Assessment Years: 2015-16, 2016-17&2017-2018) The Assistant Commissioner Of Vs. Indian Overseas Bank, Income Tax, 763, Anna Salai, Ltu (2) Chennai 600 002. Chennai. [Pan: Aaaci 1223J] (अपीलाथ"/Appellant) (""यथ"/Respondent) Assessee By : Shri. C. Naresh, C.A., Department By : Shri. A. Sasikumar, Irs. Cit. सुनवाई क" तार"ख/Date Of Hearing : 14.11.2024 घोषणा क" तार"ख /Date Of Pronouncement : 31.12.2024

TDS is not to be deducted. It is very relevant to note that at the time of Acquisition Act was enacted, Central Government had issued a Notification No. SO 710 dated 16/02/1970 [1970] [Reported in 75 ITR (Stat) 106] which reads as under:- Income-tax Act, 1961: Notification under sec. 194A(3)(iii)(f) Notification No. S. O. 710, dated

SIVA INDUSTRIES AND HOLDINGS LIMITED,CHENNAI vs. DCIT, CHENNAI

In the result, the assessee’s appeals in ITA No 1392/2016 for the

Bench: Shri Duvvuru Rl Reddy & Shri S. Jayaraman

TDS certificate deducting tax u/s 194A treating it as an interest. Therefore, the A O taxed the proportionate interest of Rs.30,10,00,000/- as income of the assessee. 4. Before the ld CIT(A) , the assessee submitted that its intention was to derive value of a large project and M/s Sahara India Commercial Corporation Ltd. decided not to sell

DCIT, CHENNAI vs. SIVA VENTURES LTD., CHENNAI

In the result, the assessee’s appeals in ITA No 1392/2016 for the

Bench: Shri Duvvuru Rl Reddy & Shri S. Jayaraman

TDS certificate deducting tax u/s 194A treating it as an interest. Therefore, the A O taxed the proportionate interest of Rs.30,10,00,000/- as income of the assessee. 4. Before the ld CIT(A) , the assessee submitted that its intention was to derive value of a large project and M/s Sahara India Commercial Corporation Ltd. decided not to sell

DCIT, CHENNAI vs. SIVA VENTURES LIMITED, CHENNAI

In the result, the assessee’s appeals in ITA No 1392/2016 for the

Bench: Shri Duvvuru Rl Reddy & Shri S. Jayaraman

TDS certificate deducting tax u/s 194A treating it as an interest. Therefore, the A O taxed the proportionate interest of Rs.30,10,00,000/- as income of the assessee. 4. Before the ld CIT(A) , the assessee submitted that its intention was to derive value of a large project and M/s Sahara India Commercial Corporation Ltd. decided not to sell

DCIT, CHENNAI vs. SIVA VENTURES LTD., CHENNAI

In the result, the assessee’s appeals in ITA No 1392/2016 for the

Bench: Shri Duvvuru Rl Reddy & Shri S. Jayaraman

TDS certificate deducting tax u/s 194A treating it as an interest. Therefore, the A O taxed the proportionate interest of Rs.30,10,00,000/- as income of the assessee. 4. Before the ld CIT(A) , the assessee submitted that its intention was to derive value of a large project and M/s Sahara India Commercial Corporation Ltd. decided not to sell

MUTHIAN SIVATHANU,CHENNAI vs. ITO NON CORPORATE WARD 10(4), CHENNAI

In the result, appeal filed for both assessment years are treated as allowed for statistical purposes

Bench: Shri Mahavir Singh & Shri G. Manjunathaआयकर अपील सं./Ita Nos.: 278/Chny/2019 & 334/Chny/2020 िनधा"रण वष" / Assessment Years: 2015-16 & 2016-17 Muthian Sivathanu, Income Tax Officer, 19/136 Babanagar 6Th Street, V. Non Corporate Ward 10(4), Villivakkam Income Tax Department, Chennai – 600 049. Chennai – 6. [Pan: Aalps-4719-F] (अपीलाथ"/Appellant) (""यथ"/Respondent) आयकर अपील सं./Ita No.: 293/Chny/2019 िनधा"रण वष" / Assessment Year: 2015-16 Subbulakshmi Sivathanu, Income Tax Officer, 19/136 Babanagar 6Th Street, V. Non Corporate Ward 10(4), Villivakkam Income Tax Department, Chennai – 600 049. Chennai – 6. [Pan: Apzps-2667-H] (अपीलाथ"/Appellant) (""यथ"/Respondent) अपीलाथ" क" ओर से/Appellant By : Shri. Muthian Sivathanu, Assessee ""यथ" क" ओर से/Respondent By : Shri. D. Hema Bhupal. Jcit सुनवाई क" तारीख/Date Of Hearing : 02.01.2023 घोषणा क" तारीख/Date Of Pronouncement : 11.01.2023

F] (अपीलाथ"/Appellant) (""यथ"/Respondent) आयकर अपील सं./ITA No.: 293/Chny/2019 िनधा"रण वष" / Assessment Year: 2015-16 Subbulakshmi Sivathanu, Income Tax Officer, 19/136 Babanagar 6th Street, v. Non Corporate Ward 10(4), Villivakkam Income Tax Department, Chennai – 600 049. Chennai – 6. [PAN: APZPS-2667-H] (अपीलाथ"/Appellant) (""यथ"/Respondent) अपीलाथ" क" ओर से/Appellant by : Shri. Muthian Sivathanu, Assessee

SHRI MUTHIAN SIVATHANU,,CHENNAI vs. ITO, NCW - 10 (4),, CHENNAI

In the result, appeal filed for both assessment years are treated as allowed for statistical purposes

Bench: Shri Mahavir Singh & Shri G. Manjunathaआयकर अपील सं./Ita Nos.: 278/Chny/2019 & 334/Chny/2020 िनधा"रण वष" / Assessment Years: 2015-16 & 2016-17 Muthian Sivathanu, Income Tax Officer, 19/136 Babanagar 6Th Street, V. Non Corporate Ward 10(4), Villivakkam Income Tax Department, Chennai – 600 049. Chennai – 6. [Pan: Aalps-4719-F] (अपीलाथ"/Appellant) (""यथ"/Respondent) आयकर अपील सं./Ita No.: 293/Chny/2019 िनधा"रण वष" / Assessment Year: 2015-16 Subbulakshmi Sivathanu, Income Tax Officer, 19/136 Babanagar 6Th Street, V. Non Corporate Ward 10(4), Villivakkam Income Tax Department, Chennai – 600 049. Chennai – 6. [Pan: Apzps-2667-H] (अपीलाथ"/Appellant) (""यथ"/Respondent) अपीलाथ" क" ओर से/Appellant By : Shri. Muthian Sivathanu, Assessee ""यथ" क" ओर से/Respondent By : Shri. D. Hema Bhupal. Jcit सुनवाई क" तारीख/Date Of Hearing : 02.01.2023 घोषणा क" तारीख/Date Of Pronouncement : 11.01.2023

F] (अपीलाथ"/Appellant) (""यथ"/Respondent) आयकर अपील सं./ITA No.: 293/Chny/2019 िनधा"रण वष" / Assessment Year: 2015-16 Subbulakshmi Sivathanu, Income Tax Officer, 19/136 Babanagar 6th Street, v. Non Corporate Ward 10(4), Villivakkam Income Tax Department, Chennai – 600 049. Chennai – 6. [PAN: APZPS-2667-H] (अपीलाथ"/Appellant) (""यथ"/Respondent) अपीलाथ" क" ओर से/Appellant by : Shri. Muthian Sivathanu, Assessee

SUBBULAKSHMI SIVATHANU,CHENNAI vs. ITO, NON CORP WARD 10(4), CHENNAI

In the result, appeal filed for both assessment years are treated as allowed for statistical purposes

Bench: Shri Mahavir Singh & Shri G. Manjunathaआयकर अपील सं./Ita Nos.: 278/Chny/2019 & 334/Chny/2020 िनधा"रण वष" / Assessment Years: 2015-16 & 2016-17 Muthian Sivathanu, Income Tax Officer, 19/136 Babanagar 6Th Street, V. Non Corporate Ward 10(4), Villivakkam Income Tax Department, Chennai – 600 049. Chennai – 6. [Pan: Aalps-4719-F] (अपीलाथ"/Appellant) (""यथ"/Respondent) आयकर अपील सं./Ita No.: 293/Chny/2019 िनधा"रण वष" / Assessment Year: 2015-16 Subbulakshmi Sivathanu, Income Tax Officer, 19/136 Babanagar 6Th Street, V. Non Corporate Ward 10(4), Villivakkam Income Tax Department, Chennai – 600 049. Chennai – 6. [Pan: Apzps-2667-H] (अपीलाथ"/Appellant) (""यथ"/Respondent) अपीलाथ" क" ओर से/Appellant By : Shri. Muthian Sivathanu, Assessee ""यथ" क" ओर से/Respondent By : Shri. D. Hema Bhupal. Jcit सुनवाई क" तारीख/Date Of Hearing : 02.01.2023 घोषणा क" तारीख/Date Of Pronouncement : 11.01.2023

F] (अपीलाथ"/Appellant) (""यथ"/Respondent) आयकर अपील सं./ITA No.: 293/Chny/2019 िनधा"रण वष" / Assessment Year: 2015-16 Subbulakshmi Sivathanu, Income Tax Officer, 19/136 Babanagar 6th Street, v. Non Corporate Ward 10(4), Villivakkam Income Tax Department, Chennai – 600 049. Chennai – 6. [PAN: APZPS-2667-H] (अपीलाथ"/Appellant) (""यथ"/Respondent) अपीलाथ" क" ओर से/Appellant by : Shri. Muthian Sivathanu, Assessee

INCOME TAX OFFICER, SALEM vs. IDAPADI MUNICIPALITY, SALEM

Bench: Shri Aby T. Varkey & Ms. Padmavathy.Sआयकर अपील सं./Ita Nos.3691, 3692, 3693 & 3694/Chny/2025 िनधा$रण वष$ /Assessment Years: 2019-20, 2020-21, 2021-22 & 2022-23

TDS as per the provisions of section 194A of the Act. The AO held that the assessee has defaulted in complying with provisions of section 194A of the Act and accordingly treated the assessee as assessee in default u/s 201(1) of the Act and charged interest u/s 201(1A) of the Act. Aggrieved, the assessee preferred appeal before

INCOME TAX OFFICER, SALEM vs. IDAPADI MUNICIPALITY, SALEM

Bench: Shri Aby T. Varkey & Ms. Padmavathy.Sआयकर अपील सं./Ita Nos.3691, 3692, 3693 & 3694/Chny/2025 िनधा$रण वष$ /Assessment Years: 2019-20, 2020-21, 2021-22 & 2022-23

TDS as per the provisions of section 194A of the Act. The AO held that the assessee has defaulted in complying with provisions of section 194A of the Act and accordingly treated the assessee as assessee in default u/s 201(1) of the Act and charged interest u/s 201(1A) of the Act. Aggrieved, the assessee preferred appeal before

INCOME TAX OFFICER, TDS WARD, SALEM, SALEM vs. COMMISSIONER ATTUR MUNICIPALITY, SALEM

Bench: Shri Aby T. Varkey & Ms. Padmavathy.Sआयकर अपील सं./Ita Nos.3736 & 3737/Chny/2025 िनधा$रण वष$ /Assessment Years: 2023-24 & 2024-25

TDS as per the provisions of section 194A of the Act. The AO held that the assessee has defaulted in complying with provisions of section 194A of the Act and accordingly treated the assessee as assessee in default u/s 201(1) of the Act and charged interest u/s 201(1A) of the Act. Aggrieved, the assessee preferred appeal before

INCOME TAX OFFICER, TDS WARD, SALEM, SALEM vs. IDAPADI MUNICIPALITY, SALEM

Bench: Shri Aby T. Varkey & Ms. Padmavathy.Sआयकर अपील सं./Ita Nos.3691, 3692, 3693 & 3694/Chny/2025 िनधा$रण वष$ /Assessment Years: 2019-20, 2020-21, 2021-22 & 2022-23

TDS as per the provisions of section 194A of the Act. The AO held that the assessee has defaulted in complying with provisions of section 194A of the Act and accordingly treated the assessee as assessee in default u/s 201(1) of the Act and charged interest u/s 201(1A) of the Act. Aggrieved, the assessee preferred appeal before

INCOME TAX OFFICER, TDS WARD, SALEM, SALEM vs. IDAPADI MUNICIPALITY, SALEM

Bench: Shri Aby T. Varkey & Ms. Padmavathy.Sआयकर अपील सं./Ita Nos.3691, 3692, 3693 & 3694/Chny/2025 िनधा$रण वष$ /Assessment Years: 2019-20, 2020-21, 2021-22 & 2022-23

TDS as per the provisions of section 194A of the Act. The AO held that the assessee has defaulted in complying with provisions of section 194A of the Act and accordingly treated the assessee as assessee in default u/s 201(1) of the Act and charged interest u/s 201(1A) of the Act. Aggrieved, the assessee preferred appeal before

INCOME TAX OFFICER, TDS WARD, SALEM, SALEM vs. COMMISSIONER ATTUR MUNICIPALITY, SALEM

Bench: Shri Aby T. Varkey & Ms. Padmavathy.Sआयकर अपील सं./Ita Nos.3736 & 3737/Chny/2025 िनधा$रण वष$ /Assessment Years: 2023-24 & 2024-25

TDS as per the provisions of section 194A of the Act. The AO held that the assessee has defaulted in complying with provisions of section 194A of the Act and accordingly treated the assessee as assessee in default u/s 201(1) of the Act and charged interest u/s 201(1A) of the Act. Aggrieved, the assessee preferred appeal before

DCIT CORPORATE CIRCLE-1(2), CHENNAI vs. BAY FORGE LTD, KANCHEEPURAM

In the result, the appeal filed by the Revenue is dismissed and the cross objection filed by the assessee is dismissed as academic

Bench: Shri Mahavir Singhand Shri Manoj Kumar Aggarwalआयकर अपील सं./Ita No.:1462/Chny/2019 िनधा"रण वष" /Assessment Year: 2009-10 & C.O No.76/Chny/2019 [In I.T.A. No.1462/Chny/2019] The Dcit, Bay Forge Limited, Corporate Circle -1(2), Vs. Palayanoor Po Chennai. Vedanthangal Road, Pukkath Village, Madurantakam Taluk, Kancheepuram – 603 308. Pan: Aaacf 0453D (अपीलाथ"/Appellant) (""यथ"/Respondent) राज" की ओर से /Revenue By : Dr. R. Mohan Reddy, Cit िनधा"रती क" ओर से/Assessee By : Shri Raghav Menon, Advocate सुनवाई क" तारीख/Date Of Hearing : 16.02.2023 घोषणा क" तारीख/Date Of Pronouncement : 16.02.2023

f the Income tax Rules, for verifying the said claim of the assessee based on evidences filed afresh during appellate proceedings. 3. The Ld.CIT(A) erred in giving relief to the assessee by deleting the disallowance under section 40(a) (ia), based on fresh evidence submitted for the first time before the CIT(A) without giving opportunity

KHAZANA JEWLLERY PRIVATE LIMITED,CHENNAI vs. ACIT, CHENNAI

In the results, orders of the lower authorities for all the 20

Bench: Shri Abraham P. George & Shri Duvvuru Rl Reddy] आयकर अपील सं./I.T.A.Nos.1829, 1830, 1831, 1832 & 1833/Mds/2014 "नधा"रण वष" /Assessment Years : 2009-10, 2010-11, 2011-12, 2012-13 & 2013-2014. M/S. Khazana Jewellery Vs. The Assistant Commissioner Private Limited, Of Income Tax, No.252-A, T.T.K. Road, Tds Circle I, Alwarpet, Chennai. Chennai 600 018. [Pan Aaack 2564Q ] (अपीलाथ"/Appellant) (""यथ"/Respondent)

TDS on such incentives or what was termed by the assessee as discount, are 194A and 2(28A) of the Act. Both these Sections are reproduced hereunder:- Section 194A of the Act :- (1) Any person, not being an individual or a Hindu undivided family, who is responsible for paying to a resident any income by way of interest other than