SHRIRAM INSIGHT SHARE BROKERS LIMITED,CHENNAI vs. DCIT, CHENNAI

In the result, I.T.A. Nos

Bench: Shri N.R.S. Ganesan & Shri A. Mohan Alankamonyआयकर अपील सं./Ita Nos.733, 734 & 735/Mds/2015 "नधा"रण वष" / Assessment Years : 2008-09, 2010-11 & 2011-12

Section 244A of the Act provides for refund of interest on any amount due to the assessee. In the case before us, the assessee claimed that the return of income was filed within the due date extended by the CBDT. Therefore, the CIT(Appeals) directed the Assessing Officer to verify the due date for filing of return of income

SHRIRAM INSIGHT SHARE BROKERS LIMITED,CHENNAI vs. DCIT, CHENNAI

In the result, I.T.A. Nos

Bench: Shri N.R.S. Ganesan & Shri A. Mohan Alankamonyआयकर अपील सं./Ita Nos.733, 734 & 735/Mds/2015 "नधा"रण वष" / Assessment Years : 2008-09, 2010-11 & 2011-12

Section 244A of the Act provides for refund of interest on any amount due to the assessee. In the case before us, the assessee claimed that the return of income was filed within the due date extended by the CBDT. Therefore, the CIT(Appeals) directed the Assessing Officer to verify the due date for filing of return of income

SHRIRAM INSIGHT SHARE BROKERS LIMITED,CHENNAI vs. DCIT, CHENNAI

In the result, I.T.A. Nos

Bench: Shri N.R.S. Ganesan & Shri A. Mohan Alankamonyआयकर अपील सं./Ita Nos.733, 734 & 735/Mds/2015 "नधा"रण वष" / Assessment Years : 2008-09, 2010-11 & 2011-12

Section 244A of the Act provides for refund of interest on any amount due to the assessee. In the case before us, the assessee claimed that the return of income was filed within the due date extended by the CBDT. Therefore, the CIT(Appeals) directed the Assessing Officer to verify the due date for filing of return of income

PANDYAN GRAMA BANK,VIRUDHUNAGAR vs. ACIT, VIRUDHUNAGAR

In the result, the assessee’s appeal in ITA Nos

Bench: Shri George Mathan & Shri S. Jayaramanआयकर अपील सं/.I.T.A. Nos. 685, 684, 687 & 688/Chny/2018 & 2443, 2444 & 2445/Chny/2016 "नधा"रण वष"/Assessment Years : 2007-08, 2008-09, 2009-10 & 2010-11 Pandyan Grama Bank, The Assistant Commissioner Of Admn. Office, Vs. Income Tax, No. 2-70-1, Collectroate Complex, Katcheri Road, Virudhunagar, 626 002. Virundhunagar, 626 001. [Pan: Aaaaap 0895P] (%&यथ'/Respondent) (अपीलाथ"/Appellant)

244A, giving credit to TDS ie., to rectify the shortfall in credit of TDS in the computation formed part of the effect giving orders of the Hon’ble ITAT, the assessee filed rectification petitions u/s. 154 dated 12.07.2013 on 29.07.2013 for all these assessment years. Since, the Assessing Officer has not passed the rectification orders, the assessee filed appeals before

PANDYAN GRAMA BANK,VIRUDHUNAGAR vs. ACIT, VIRUDHUNAGAR

In the result, the assessee’s appeal in ITA Nos

Bench: Shri George Mathan & Shri S. Jayaramanआयकर अपील सं/.I.T.A. Nos. 685, 684, 687 & 688/Chny/2018 & 2443, 2444 & 2445/Chny/2016 "नधा"रण वष"/Assessment Years : 2007-08, 2008-09, 2009-10 & 2010-11 Pandyan Grama Bank, The Assistant Commissioner Of Admn. Office, Vs. Income Tax, No. 2-70-1, Collectroate Complex, Katcheri Road, Virudhunagar, 626 002. Virundhunagar, 626 001. [Pan: Aaaaap 0895P] (%&यथ'/Respondent) (अपीलाथ"/Appellant)

244A, giving credit to TDS ie., to rectify the shortfall in credit of TDS in the computation formed part of the effect giving orders of the Hon’ble ITAT, the assessee filed rectification petitions u/s. 154 dated 12.07.2013 on 29.07.2013 for all these assessment years. Since, the Assessing Officer has not passed the rectification orders, the assessee filed appeals before

PANDYAN GRAMA BANK,VIRUDHUNAGAR vs. ACIT, VIRUDHUNAGAR

In the result, the assessee’s appeal in ITA Nos

Bench: Shri George Mathan & Shri S. Jayaramanआयकर अपील सं/.I.T.A. Nos. 685, 684, 687 & 688/Chny/2018 & 2443, 2444 & 2445/Chny/2016 "नधा"रण वष"/Assessment Years : 2007-08, 2008-09, 2009-10 & 2010-11 Pandyan Grama Bank, The Assistant Commissioner Of Admn. Office, Vs. Income Tax, No. 2-70-1, Collectroate Complex, Katcheri Road, Virudhunagar, 626 002. Virundhunagar, 626 001. [Pan: Aaaaap 0895P] (%&यथ'/Respondent) (अपीलाथ"/Appellant)

244A, giving credit to TDS ie., to rectify the shortfall in credit of TDS in the computation formed part of the effect giving orders of the Hon’ble ITAT, the assessee filed rectification petitions u/s. 154 dated 12.07.2013 on 29.07.2013 for all these assessment years. Since, the Assessing Officer has not passed the rectification orders, the assessee filed appeals before

PANDYAN GRAMA BANK,VIRUDHUNAGAR vs. ACIT CIRCLE 1, VIRUDHUNAGAR

In the result, the assessee’s appeal in ITA Nos

Bench: Shri George Mathan & Shri S. Jayaramanआयकर अपील सं/.I.T.A. Nos. 685, 684, 687 & 688/Chny/2018 & 2443, 2444 & 2445/Chny/2016 "नधा"रण वष"/Assessment Years : 2007-08, 2008-09, 2009-10 & 2010-11 Pandyan Grama Bank, The Assistant Commissioner Of Admn. Office, Vs. Income Tax, No. 2-70-1, Collectroate Complex, Katcheri Road, Virudhunagar, 626 002. Virundhunagar, 626 001. [Pan: Aaaaap 0895P] (%&यथ'/Respondent) (अपीलाथ"/Appellant)

244A, giving credit to TDS ie., to rectify the shortfall in credit of TDS in the computation formed part of the effect giving orders of the Hon’ble ITAT, the assessee filed rectification petitions u/s. 154 dated 12.07.2013 on 29.07.2013 for all these assessment years. Since, the Assessing Officer has not passed the rectification orders, the assessee filed appeals before

PANDYAN GRAMA BANK,VIRUDHUNAGAR vs. ACIT CIRCLE 1, VIRUDHUNAGAR

In the result, the assessee’s appeal in ITA Nos

Bench: Shri George Mathan & Shri S. Jayaramanआयकर अपील सं/.I.T.A. Nos. 685, 684, 687 & 688/Chny/2018 & 2443, 2444 & 2445/Chny/2016 "नधा"रण वष"/Assessment Years : 2007-08, 2008-09, 2009-10 & 2010-11 Pandyan Grama Bank, The Assistant Commissioner Of Admn. Office, Vs. Income Tax, No. 2-70-1, Collectroate Complex, Katcheri Road, Virudhunagar, 626 002. Virundhunagar, 626 001. [Pan: Aaaaap 0895P] (%&यथ'/Respondent) (अपीलाथ"/Appellant)

244A, giving credit to TDS ie., to rectify the shortfall in credit of TDS in the computation formed part of the effect giving orders of the Hon’ble ITAT, the assessee filed rectification petitions u/s. 154 dated 12.07.2013 on 29.07.2013 for all these assessment years. Since, the Assessing Officer has not passed the rectification orders, the assessee filed appeals before

PANDYAN GRAMA BANK,VIRUDHUNAGAR vs. ACIT CIRCLE 1, VIRUDHUNAGAR

In the result, the assessee’s appeal in ITA Nos

Bench: Shri George Mathan & Shri S. Jayaramanआयकर अपील सं/.I.T.A. Nos. 685, 684, 687 & 688/Chny/2018 & 2443, 2444 & 2445/Chny/2016 "नधा"रण वष"/Assessment Years : 2007-08, 2008-09, 2009-10 & 2010-11 Pandyan Grama Bank, The Assistant Commissioner Of Admn. Office, Vs. Income Tax, No. 2-70-1, Collectroate Complex, Katcheri Road, Virudhunagar, 626 002. Virundhunagar, 626 001. [Pan: Aaaaap 0895P] (%&यथ'/Respondent) (अपीलाथ"/Appellant)

244A, giving credit to TDS ie., to rectify the shortfall in credit of TDS in the computation formed part of the effect giving orders of the Hon’ble ITAT, the assessee filed rectification petitions u/s. 154 dated 12.07.2013 on 29.07.2013 for all these assessment years. Since, the Assessing Officer has not passed the rectification orders, the assessee filed appeals before

PANDYAN GRAMA BANK,VIRUDHUNAGAR vs. ACIT CIRCLE 1, VIRUDHUNAGAR

In the result, the assessee’s appeal in ITA Nos

Bench: Shri George Mathan & Shri S. Jayaramanआयकर अपील सं/.I.T.A. Nos. 685, 684, 687 & 688/Chny/2018 & 2443, 2444 & 2445/Chny/2016 "नधा"रण वष"/Assessment Years : 2007-08, 2008-09, 2009-10 & 2010-11 Pandyan Grama Bank, The Assistant Commissioner Of Admn. Office, Vs. Income Tax, No. 2-70-1, Collectroate Complex, Katcheri Road, Virudhunagar, 626 002. Virundhunagar, 626 001. [Pan: Aaaaap 0895P] (%&यथ'/Respondent) (अपीलाथ"/Appellant)

244A, giving credit to TDS ie., to rectify the shortfall in credit of TDS in the computation formed part of the effect giving orders of the Hon’ble ITAT, the assessee filed rectification petitions u/s. 154 dated 12.07.2013 on 29.07.2013 for all these assessment years. Since, the Assessing Officer has not passed the rectification orders, the assessee filed appeals before

IDUMBEN KNITTERS, ,TIRUPUR CHENNAI vs. ACIT, CIRCLE-1TIRUPUR, TIRUPUR, CHENNAI

In the result, appeal filed by the assessee is allowed for statistical purposes

Bench: Shri Manjunatha. G, Hon’Bleआयकर अपील सं./Ita No.: 711/Chny/2023 िनधा"रण वष" / Assessment Year: 2017-18 Idumban Knitters Assistant Commissioner Of S.F. No. 440, 443, Sbi Colony, V. Income Tax, Gandhi Nagar Post, Circle-1, Tirupur – 641 603. Tirupur. [Pan: Aaafi-7635-P] (अपीलाथ"/Appellant) (""यथ"/Respondent) अपीलाथ" क" ओर से/Appellant By : Shri. M A Srinivasan, Fca ""यथ" क" ओर से/Respondent By : Shri. D. Hema Bhupal, Jcit सुनवाई क" तारीख/Date Of Hearing : 01.08.2023 घोषणा क" तारीख/Date Of Pronouncement : 11.08.2023

TDS, as per the provisions of Section 194 J, stating the same as payment to Mr.U.S.Dinesh, for the services rendered by him which amounts to duplication of addition and taxing twice on one transaction, and hence illegal and not sustainable in law. Therefore, the appellant / assessee herein, humbly pray before the Hon'ble Members of ITAT, to allow this Appeal

THINKSYNQ CONSULTING LLP,CHENNAI vs. ITO NCW E, CHENNAI

In the result, the appeal filed by the assessee is allowed for statistical purposes

Bench: Shri N.R.S. Ganesan & Shri A. Mohan Alankamonyआयकर अपील सं./Ita No.1530/Chny/2018 "नधा"रण वष" / Assessment Year : 2014-15 M/S Thinksynq Consulting Llp, The Income Tax Officer, 17 (Old No.9), Seethamma Road, V. Non Corporate Ward 12(3), Alwarpet, Chennai - 600 018. Chennai - 600 006. Pan : Aagft 6098 K (अपीलाथ"/Appellant) (""यथ"/Respondent)

TDS as per Form 16A and as per the return filed, was ₹6,73,257/- and the Assessing Officer has given credit only to the extent of ₹6,61,452/-, this Tribunal is of the considered opinion that the matter needs to be re-examined by the Assessing Officer. Accordingly, orders of both the authorities below are set aside

INDIAN OVERSEAS BANK,CHENNAI vs. DCIT, CHENNAI

Bench: Shri Chandra Poojari & Shri G. Pavan Kumar

TDS certificate within the time and eligible for interest on refund. It is the duty of the assessee in case of manual certificate in form 16A to verify and submit to the Income Tax Department and rectify the defects at the earliest. Such delay shall not be a hindrance to the Department for granting refund. The provisions of section 244A

ASSISTANT COMMISSIONER OF INCOME TAX, SALEM vs. PANDYAN GRAMA BANK, SALEM

In the result, the appeal of the revenue is dismissed and the CO of the assessee is partly allowed

Bench: Shri S.S. Viswanethra Ravi & Shri S. R. Raghunathaआयकर अपील सं./Ita No.: 2870/Chny/2024 & Co No.06/Chny/2025 (In Ita No.: 2870/Chny/2024) िनधा"रण वष" / Assessment Year: 2016-17 The Assistant Commissioner Of Pandyan Grama Bank, Income Tax, Vs. Now Known As Tamil Nadu Grama Circle 1, Bank, Salem. No.6, Yercaud Road, Hasthampatty, Salem – 636 007. [Pan: Aahat-7854-K] (अपीलाथ"/Appellant) (""थ"/Respondent) Assessee By : Shri. N. Arjun Raj, Advocate & Shri. P. Gurusamy, I.T.P. Department By : Shri. Shivanand K Kalakeri, C.I.T. सुनवाई की तारीख/Date Of Hearing : 15.04.2025 घोषणा की तारीख/Date Of Pronouncement : 27.06.2025

244A was wrong, erroneous, incorrect, invalid, unjustified and not sustainable both on facts and in law. 11. The Respondent craves leave to file additional grounds/arguments at the time of hearing. :-4-: I.T.A. No.:2870/Chny/2024 & C.O. No.06/Chny/2025 3. At the outset, we find that there is a delay of 39 days in appeal filed by the revenue. After hearing both

THE CRAFTS COUNCIL OF INDIA,CHENNAI vs. JCIT(EXEMPTIONS), CHENNAI

TDS, sundry creditors,\ndepreciation, interest u/s 244A and issue of 234B arising in respective appeals to\nthe file of AO to look into a fresh as per law. Needless to say that AO will do denovo\nassessment after affording an adequate opportunity of hearing to the assessee.\nAssessee is also directed to file every possible financial, evidence before

THE CRAFTS COUNCIL OF INDIA,CHENNAI vs. JCIT (EXEMPTIONS), CHENNAI

Bench: Hon’Ble Shri Manu Kumar Giri & Hon’Ble Shri Amitabh Shuklaआयकरअपील सं./ Ita Nos.943, 944, 945 & 946/Chny/2024 (िनधा"रणवष" / Assessment Years: 2011-2012, 2013-14, 2015-16 & 2016-2017) The Crafts Council Of India, Vs. The Joint Commissioner Of Income Gf Temple Trees, Tax, Venkatnarayanana Road, (Exemptions) T. Nagar, Chennai 600 017. Chennai. [Pan: Aaatc 1433B] (अपीलाथ"/Appellant) (""यथ"/Respondent) अपीलाथ" क" ओर से/ Appellant By : Shri R. Vijayaraghavan, Advocate ""यथ" क" ओर से /Respondent By : Ms. Gouthami Manivasagam, Irs, Jcit. सुनवाई क" तार"ख/Date Of Hearing : 01.08.2024 घोषणा क" तार"ख /Date Of Pronouncement : 14.08.2024 आदेश / O R D E R Manu Kumar Giri ()

section 2(15), as per the decision of the Apex Court. The AO and CIT(A) has disallowed depreciation claimed by the Appellant on the ground that the investments depreciable capital assets have been allowed as deduction in the year of investment and hence granting depreciation on the same assets would amount to double deduction. This issue has been considered

THE CRAFTS COUNCIL OF INDIA,CHENNAI vs. JCIT(EXEMPTIONS) , CHENNAI

Bench: Hon’Ble Shri Manu Kumar Giri & Hon’Ble Shri Amitabh Shuklaआयकरअपील सं./ Ita Nos.943, 944, 945 & 946/Chny/2024 (िनधा"रणवष" / Assessment Years: 2011-2012, 2013-14, 2015-16 & 2016-2017) The Crafts Council Of India, Vs. The Joint Commissioner Of Income Gf Temple Trees, Tax, Venkatnarayanana Road, (Exemptions) T. Nagar, Chennai 600 017. Chennai. [Pan: Aaatc 1433B] (अपीलाथ"/Appellant) (""यथ"/Respondent) अपीलाथ" क" ओर से/ Appellant By : Shri R. Vijayaraghavan, Advocate ""यथ" क" ओर से /Respondent By : Ms. Gouthami Manivasagam, Irs, Jcit. सुनवाई क" तार"ख/Date Of Hearing : 01.08.2024 घोषणा क" तार"ख /Date Of Pronouncement : 14.08.2024 आदेश / O R D E R Manu Kumar Giri ()

section 2(15), as per the decision of the Apex Court. The AO and CIT(A) has disallowed depreciation claimed by the Appellant on the ground that the investments depreciable capital assets have been allowed as deduction in the year of investment and hence granting depreciation on the same assets would amount to double deduction. This issue has been considered

THE CRAFTS COUNCIL OF INDIA,CHENNAI vs. JCIT(EXEMPTIONS) , CHENNAI

Bench: Hon’Ble Shri Manu Kumar Giri & Hon’Ble Shri Amitabh Shuklaआयकरअपील सं./ Ita Nos.943, 944, 945 & 946/Chny/2024 (िनधा"रणवष" / Assessment Years: 2011-2012, 2013-14, 2015-16 & 2016-2017) The Crafts Council Of India, Vs. The Joint Commissioner Of Income Gf Temple Trees, Tax, Venkatnarayanana Road, (Exemptions) T. Nagar, Chennai 600 017. Chennai. [Pan: Aaatc 1433B] (अपीलाथ"/Appellant) (""यथ"/Respondent) अपीलाथ" क" ओर से/ Appellant By : Shri R. Vijayaraghavan, Advocate ""यथ" क" ओर से /Respondent By : Ms. Gouthami Manivasagam, Irs, Jcit. सुनवाई क" तार"ख/Date Of Hearing : 01.08.2024 घोषणा क" तार"ख /Date Of Pronouncement : 14.08.2024 आदेश / O R D E R Manu Kumar Giri ()

section 2(15), as per the decision of the Apex Court. The AO and CIT(A) has disallowed depreciation claimed by the Appellant on the ground that the investments depreciable capital assets have been allowed as deduction in the year of investment and hence granting depreciation on the same assets would amount to double deduction. This issue has been considered