ACIT, CIRCLE LTU-1,, CHENNAI vs. CARBORUNDUM UNIVERSAL LIMITED, CHENNAI

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

Bench: Shri Manu Kumar Giri & Shri S.R.Raghunathaआयकर अपीलसं./Ita Nos. 139, 140 & 117/Chny/2025 ("नधा"रण वष" / Assessment Years: 2013-14, 2014-15 & 2018-19)

TDS is settled in favour of assessee by the following decisions of the Hon’ble Jurisdictional High Court:- i. CIT vs. Faizan Shoes P Ltd., reported in [2014] 367 ITR 155 (Madras HC) ii. Evolv Clothing Co. vs. ACIT reported in 257 Taxman 171 (Madras HC) In light of the above submissions, the Ld.AR prayed for dismissing the appeal

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

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 CENTRAL CIRCLE 3(1), CHENNAI vs. SHIV SAHAI & SONS (INDIA) LTD., CHENNAI

Bench: Shri N.R.S. Ganesan & Shri Abraham P. George]

ii) The cash brought in was not immediately or in the subsequent days adjusted. It remained.in the account for very long periods. e.g from 24-1-2011 ITA Nos. 1447, 1448, 1988, :- 19 -: 1989, 1449 to 1455, 1485 to 1491/17. to 31-1-2011 a sum of Rs.69.12 crores cash brought in. Out of this, 68.72 crores was adjusted from

ACIT, CHENNAI vs. NARESH PRASAD AGARWAL, CHENNAI

Bench: Shri N.R.S. Ganesan & Shri Abraham P. George]

ii) The cash brought in was not immediately or in the subsequent days adjusted. It remained.in the account for very long periods. e.g from 24-1-2011 ITA Nos. 1447, 1448, 1988, :- 19 -: 1989, 1449 to 1455, 1485 to 1491/17. to 31-1-2011 a sum of Rs.69.12 crores cash brought in. Out of this, 68.72 crores was adjusted from

NARESH PRASAD AGARWAL,CHENNAI vs. DCIT, CHENNAI

Bench: Shri N.R.S. Ganesan & Shri Abraham P. George]

ii) The cash brought in was not immediately or in the subsequent days adjusted. It remained.in the account for very long periods. e.g from 24-1-2011 ITA Nos. 1447, 1448, 1988, :- 19 -: 1989, 1449 to 1455, 1485 to 1491/17. to 31-1-2011 a sum of Rs.69.12 crores cash brought in. Out of this, 68.72 crores was adjusted from

SAHAI & SONS (I) LTD.,CHENNAI vs. DCIT, CHENNAI

Bench: Shri N.R.S. Ganesan & Shri Abraham P. George]

ii) The cash brought in was not immediately or in the subsequent days adjusted. It remained.in the account for very long periods. e.g from 24-1-2011 ITA Nos. 1447, 1448, 1988, :- 19 -: 1989, 1449 to 1455, 1485 to 1491/17. to 31-1-2011 a sum of Rs.69.12 crores cash brought in. Out of this, 68.72 crores was adjusted from