CITY UNION BANK LIMITED,KUMBAKONAM vs. JCIT, KUMBAKONAM

In the result, the appeals filed for the assessment year 2007-08 filed by

Bench: Shri Chandra Poojari & Shri G. Pavan Kumar

TDS deduction by Surat Branch on MICR payments to SBI. We have dealt on the legal issue in assessment year 2007-08 in ITA No. 2034/2014, where the disputed matter was remitted to the file of the CIT(A) to decide the legal issue and pass the order on merits and we find disputed issue in the present assessment year

CITY UNION BANK LIMITED,KUMBAKONAM vs. JCIT, KUMBAKONAM

In the result, the appeals filed for the assessment year 2007-08 filed by

Bench: Shri Chandra Poojari & Shri G. Pavan Kumar

TDS deduction by Surat Branch on MICR payments to SBI. We have dealt on the legal issue in assessment year 2007-08 in ITA No. 2034/2014, where the disputed matter was remitted to the file of the CIT(A) to decide the legal issue and pass the order on merits and we find disputed issue in the present assessment year

ACIT, KUMBAKONAM vs. CITY UNION BANK LIMITED, KUMBAKONAM

In the result, the appeals filed for the assessment year 2007-08 filed by

Bench: Shri Chandra Poojari & Shri G. Pavan Kumar

TDS deduction by Surat Branch on MICR payments to SBI. We have dealt on the legal issue in assessment year 2007-08 in ITA No. 2034/2014, where the disputed matter was remitted to the file of the CIT(A) to decide the legal issue and pass the order on merits and we find disputed issue in the present assessment year

ACIT, KUMBAKONAM vs. CITY UNION BANK LIMITED, KUMBAKONAM

In the result, the appeals filed for the assessment year 2007-08 filed by

Bench: Shri Chandra Poojari & Shri G. Pavan Kumar

TDS deduction by Surat Branch on MICR payments to SBI. We have dealt on the legal issue in assessment year 2007-08 in ITA No. 2034/2014, where the disputed matter was remitted to the file of the CIT(A) to decide the legal issue and pass the order on merits and we find disputed issue in the present assessment year

ACIT, KUMBAKONAM vs. CITY UNION BANK LIMITED, KUMBAKONAM

In the result, the appeals filed for the assessment year 2007-08 filed by

Bench: Shri Chandra Poojari & Shri G. Pavan Kumar

TDS deduction by Surat Branch on MICR payments to SBI. We have dealt on the legal issue in assessment year 2007-08 in ITA No. 2034/2014, where the disputed matter was remitted to the file of the CIT(A) to decide the legal issue and pass the order on merits and we find disputed issue in the present assessment year

ACIT, KUMBAKONAM vs. CITY UNION BANK LIMITED, KUMBAKONAM

In the result, the appeals filed for the assessment year 2007-08 filed by

Bench: Shri Chandra Poojari & Shri G. Pavan Kumar

TDS deduction by Surat Branch on MICR payments to SBI. We have dealt on the legal issue in assessment year 2007-08 in ITA No. 2034/2014, where the disputed matter was remitted to the file of the CIT(A) to decide the legal issue and pass the order on merits and we find disputed issue in the present assessment year

TH 130 M/S BHARATHIYAR PWCS LTD.,NAMAKKAL vs. ITO, SALEM

The appeal of the assessee is allowed

Bench: Shri N.R.S. Ganesan & Shri A. Mohan Alankamonyआयकर अपील सं./Ita No.255/Mds/2017 "नधा"रण वष" / Assessment Year : 2009-10 Th 130 M/S Bharathiyar Pwcs Ltd., The Income Tax Officer, No.86A, East Colony, Komarapalayam, V. Tds Ward, Namakkal Dt. – 638 183. Salem. Pan : Aaaab 7285 P (अपीलाथ"/Appellant) (""यथ"/Respondent)

272/- and the same was paid to the Department on 29.08.2013. The balance amount of `18,476/- along with interest under Section 201(1A) of the Act to the extent of `33,636/- was remitted to the Government account on 12.03.2014. Therefore, the Ld.counsel by placing reliance on the unreported judgment of Apex Court in CIT v. Bank of Nova

ACIT CENTRAL CIRCLE, SALEM vs. THRIVENI EARTHMOVERS PVT. LTD., SALEM

In the result, the appeal filed by the Revenue in ITA

Bench: Shri Inturi Rama Rao & Shri Duvvuru Rl Reddy] आयकर अपील सं./I.T.A. Nos. 2280, 2281, 2282 & 2283/Chny/2018 "नधा"रण वष" /Assessment Years :2011-12, 2012-13, 2013-14 & 2014-15 The Assistant Commissioner Vs. M/S. Thriveni Earthmovers Pvt Ltd, Of Income Tax, 22/110, Greenways Road, Central Circle, Fairlands, Salem Salem 636 016. [Pan Aabct 6759R] (अपीलाथ"/Appellant) (""यथ"/Respondent)

272/- under the provisions of Section 115JB of the Act. Against the said return of income, the assessment was completed by the Dy. CIT, Circle -1, Salem (hereinafter called as ‘’Assessing Officer’’) vide order dated 31.03.2015 passed u/s. 143(3) of the Income Tax Act, 1961 (for short ‘the Act’) at total income of Rs. 163,69,13,455/-, while

ACIT CENTRAL CIRCLE, SALEM vs. THRIVENI EARTHMOVERS PVT. LTD., SALEM

In the result, the appeal filed by the Revenue in ITA

Bench: Shri Inturi Rama Rao & Shri Duvvuru Rl Reddy] आयकर अपील सं./I.T.A. Nos. 2280, 2281, 2282 & 2283/Chny/2018 "नधा"रण वष" /Assessment Years :2011-12, 2012-13, 2013-14 & 2014-15 The Assistant Commissioner Vs. M/S. Thriveni Earthmovers Pvt Ltd, Of Income Tax, 22/110, Greenways Road, Central Circle, Fairlands, Salem Salem 636 016. [Pan Aabct 6759R] (अपीलाथ"/Appellant) (""यथ"/Respondent)

272/- under the provisions of Section 115JB of the Act. Against the said return of income, the assessment was completed by the Dy. CIT, Circle -1, Salem (hereinafter called as ‘’Assessing Officer’’) vide order dated 31.03.2015 passed u/s. 143(3) of the Income Tax Act, 1961 (for short ‘the Act’) at total income of Rs. 163,69,13,455/-, while

ACIT CENTRAL CIRCLE, SALEM vs. THRIVENI EARTHMOVERS PVT. LTD., SALEM

In the result, the appeal filed by the Revenue in ITA

Bench: Shri Inturi Rama Rao & Shri Duvvuru Rl Reddy] आयकर अपील सं./I.T.A. Nos. 2280, 2281, 2282 & 2283/Chny/2018 "नधा"रण वष" /Assessment Years :2011-12, 2012-13, 2013-14 & 2014-15 The Assistant Commissioner Vs. M/S. Thriveni Earthmovers Pvt Ltd, Of Income Tax, 22/110, Greenways Road, Central Circle, Fairlands, Salem Salem 636 016. [Pan Aabct 6759R] (अपीलाथ"/Appellant) (""यथ"/Respondent)

272/- under the provisions of Section 115JB of the Act. Against the said return of income, the assessment was completed by the Dy. CIT, Circle -1, Salem (hereinafter called as ‘’Assessing Officer’’) vide order dated 31.03.2015 passed u/s. 143(3) of the Income Tax Act, 1961 (for short ‘the Act’) at total income of Rs. 163,69,13,455/-, while

ACIT CENTRAL CIRCLE, SALEM vs. THRIVENI EARTHMOVERS PVT. LTD., SALEM

In the result, the appeal filed by the Revenue in ITA

Bench: Shri Inturi Rama Rao & Shri Duvvuru Rl Reddy] आयकर अपील सं./I.T.A. Nos. 2280, 2281, 2282 & 2283/Chny/2018 "नधा"रण वष" /Assessment Years :2011-12, 2012-13, 2013-14 & 2014-15 The Assistant Commissioner Vs. M/S. Thriveni Earthmovers Pvt Ltd, Of Income Tax, 22/110, Greenways Road, Central Circle, Fairlands, Salem Salem 636 016. [Pan Aabct 6759R] (अपीलाथ"/Appellant) (""यथ"/Respondent)

272/- under the provisions of Section 115JB of the Act. Against the said return of income, the assessment was completed by the Dy. CIT, Circle -1, Salem (hereinafter called as ‘’Assessing Officer’’) vide order dated 31.03.2015 passed u/s. 143(3) of the Income Tax Act, 1961 (for short ‘the Act’) at total income of Rs. 163,69,13,455/-, while

SHRI SHANMUGAR SERVICES,CHENNAI vs. ITO, CHENNAI

In the result, appeals filed by the assessee for both assessment years are dismissed

Bench: Shri V. Durga Rao, Hon’Ble & Shri Manjunatha. G, Hon’Bleआयकर अपील सं./Ita Nos.: 1136 & 1137/Chny/2017 िनधा"रण वष" / Assessment Years: 2009-10 & 2010-11

TDS u/s. 40(a)(ia) of the Act, by considering amendment made by the Finance Act, 2010 to provisions of section 40(a)(ia) of the Act. The revenue filed Miscellaneous Application and argued that as per the latest decision of Hon’ble Supreme Court in the case of Shri. Choudhary Transport Company vs ITO (2020) 272

SHRI SHANMUGAR SERVICES,CHENNAI vs. ITO, CHENNAI

In the result, appeals filed by the assessee for both assessment years are dismissed

Bench: Shri V. Durga Rao, Hon’Ble & Shri Manjunatha. G, Hon’Bleआयकर अपील सं./Ita Nos.: 1136 & 1137/Chny/2017 िनधा"रण वष" / Assessment Years: 2009-10 & 2010-11

TDS u/s. 40(a)(ia) of the Act, by considering amendment made by the Finance Act, 2010 to provisions of section 40(a)(ia) of the Act. The revenue filed Miscellaneous Application and argued that as per the latest decision of Hon’ble Supreme Court in the case of Shri. Choudhary Transport Company vs ITO (2020) 272

DCIT, CC - 1 (2),, CHENNAI vs. M/S. CHOLAMANDALAM MS RISK SERVICES LTD.,, CHENNAI

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

Bench: Shri V. Durga Rao & Shri G. Manjunathaआयकर अपील सं./I.T.A. No.262/Chny/2020 िनधा"रण वष"/Assessment Year: 2015-16 The Deputy Commissioner Of Vs. M/S. Cholamandalam Ms Risk Services Ltd., No. 02, 2Nd Floor, Income Tax, Corporate Circle 1(2), Chennai 600 034. Dare House, N S C Bose Road, Parrys, Chennai 600 001. [Pan:Aabcc6610Q] (अपीलाथ"/Appellant) (""थ"/Respondent) अपीलाथ" की ओर से / Appellant By : Shri M. Rajan, Cit ""थ" की ओर से/Respondent By : Shri P. Murali Mohana Rao, Fca सुनवाई की तारीख/ Date Of Hearing : 12.07.2022 घोषणा की तारीख /Date Of Pronouncement : 16.09.2022 आदेश /O R D E R Per V. Durga Rao: This Appeal Filed By The Revenue Is Directed Against The Order Of The Ld. Commissioner Of Income Tax (Appeals) 4 (I/C), Chennai, Dated 26.11.2019 Relevant To The Assessment Year 2015-16. 2. The Assessee Company Is Engaged In The Business Of Providing Risk Assessment Services & Filed Its Return Of Income For The Assessment Year 2015-16 On 25.09.2015 Admitting A Total Income Of ₹.2,39,21,070/-. After Following Due Procedure & Considering The 2

272/- has been claimed as Business Promotion & 4 I.T.A. No. 262/Chny/20 referral charges during the year under consideration. The assessee was asked to explain the nature of such a claim and also produce supporting documentary evidences in support of the claim. In response to the same, the assessee filed a written submission before the Assessing Officer, which is reproduced

M/S. CITY UNION BANK LTD.,,KUMBAKONAM vs. PCIT,, MADURAI

In the result, the appeal for A

Bench: Shri Aby T Varkey & Shri S. R. Raghunatha

TDS on each employee by treating it as perquisite u/s 17(2) of the Act. 5. The Learned Principal Commissioner erred in holding that the claim under section 36(1)(viia) is allowable on incremental advances only and not on outstanding advances. :-3-: ITA. No:1126/Chny/2024 5.1 Learned Principal Commissioner failed to appreciate the fact that the issue has been

SHRIRAM CAPITAL LIMITED,CHENNAI vs. DCIT, CHENNAI

In the result, the appeals filed by the assessee in ITA Nos

Bench: Shri Chandra Poojari & Shri Challa Nagendra Prasadआयकर अपील सं./ I.T.A. Nos.512 &513 /Mds/2015 ("नधा"रण वष" / Assessment Year : 2010-2011 & 2011- 2012)

TDS, FBT,ST and IT of "1,40,95,404/- for the purpose of disallowance under Rule 8D (ii) of the I.T. Rules, the assessee stated before CIT(A) that if this is taken into account the amount of disallowance works out to ".517,80,237/- as against the amount computed by the AO at ".618,09,561/-. The claim

SHRIRAM CAPITAL LIMITED,CHENNAI vs. DCIT, CHENNAI

In the result, the appeals filed by the assessee in ITA Nos

Bench: Shri Chandra Poojari & Shri Challa Nagendra Prasadआयकर अपील सं./ I.T.A. Nos.512 &513 /Mds/2015 ("नधा"रण वष" / Assessment Year : 2010-2011 & 2011- 2012)

TDS, FBT,ST and IT of "1,40,95,404/- for the purpose of disallowance under Rule 8D (ii) of the I.T. Rules, the assessee stated before CIT(A) that if this is taken into account the amount of disallowance works out to ".517,80,237/- as against the amount computed by the AO at ".618,09,561/-. The claim

ACIT NON CORP CIRCLE 1 (1) FORMERLY KNOWN AS BUSINESS CIRCLE 1, CHENNAI vs. M/S DEOLITE HASKINS & SELLS, CHENNAI

Bench: Shri Joginder Singh & Shri A.Mohan Alankamony

TDS without any further delay. This ground is allowed for statistical purposes. 19. The next ground is related to levy of interest u/s 234D to the extent of 6,10,636. 20. The Assessing Officer is directed to examine the applicability of interest u/s 234D and levy correct amount of interest. 21. In the result, the appeal of the assessee