INTEGRATED SERVICE POINT LTD.,CHENNAI vs. ACIT, CENTRAL CIRCLE-2(4), CHENNAI

Accordingly, the assessee's appeals in ITA Nos.1881, 1882,\nand 1883/Chny/2025 for A.Ys.2016-17, 2019-20, and 2022-23 are\nallowed

bogus purchases\ntotaling Rs.4,43,24,430/-, the assessee clarified during the post-\nsearch proceedings that the scheme merely circumvented\nconventional accounting principles but did not affect the genuineness\nof the transactions. The assessee explained that certain goods, such\nas gunny bags, ropes, and other packing materials, had to be procured\nfrom micro and rural vendors operating in the highly

ACIT, NUNAGAMBAKKAM vs. INTEGRATED SERVICE POINT LIMITED, ANNA NAGAR

bogus purchases\ntotaling Rs.4,43,24,430/-, the assessee clarified during the post-\nsearch proceedings that the scheme merely circumvented\n- : 20 -:\nITA Nos.1881, 1882 & 1883/Chny/2025\nITA Nos.1874, 1876 & 1879/Chny/2025\nIntegrated Service Point Ltd.\nconventional accounting principles but did not affect the genuineness\nof the transactions. The assessee explained that certain goods, such\nas gunny bags, ropes, and other packing

ACIT, NUNGAMBAKKAM vs. INTEGRATED SERVICE POINT LIMITED, ANNA NAGAR

Accordingly, the assessee's appeals in ITA Nos.1881, 1882,\nand 1883/Chny/2025 for A.Ys.2016-17, 2019-20, and 2022-23 are\nallowed

bogus purchases\ntotaling Rs.4,43,24,430/-, the assessee clarified during the post-\nsearch proceedings that the scheme merely circumvented\n:- 21 -:\nITA Nos.1881, 1882 & 1883/Chny/2025\nITA Nos.1874, 1876 & 1879/Chny/2025\nIntegrated Service Point Ltd.\nconventional accounting principles but did not affect the genuineness\nof the transactions. The assessee explained that certain goods, such\nas gunny bags, ropes, and other packing

INTEGRATED SERVICE POINT LTD.,CHENNAI vs. ACIT, CC-2(4), CHENNAI

Accordingly, the assessee's appeals in ITA Nos.1881, 1882,\nand 1883/Chny/2025 for A.Ys.2016-17, 2019-20, and 2022-23 are\nallowed

bogus purchases\ntotaling Rs.4,43,24,430/-, the assessee clarified during the post-\nsearch proceedings that the scheme merely circumvented\n:- 20 -:\nITA Nos.1881, 1882 & 1883/Chny/2025\nITA Nos.1874, 1876 & 1879/Chny/2025\nIntegrated Service Point Ltd.\nconventional accounting principles but did not affect the genuineness\nof the transactions. The assessee explained that certain goods, such\nas gunny bags, ropes, and other packing

ACIT, CHENNAI vs. SRI BALAJI EDUCATIONAL AMD TRUST CHARITABLE PUBLIC TRUST , CHENNA

In the result, the appeal of the Assessee and that of the Department are dismissed

Bench: Shri Aby T Varkey & Shri S. R. Raghunathaआयकर अपील सं./Ita No.: 1249/Chny/2025 िनधा$रण वष$ / Assessment Year: 2017-18 M/S. Sri Balaji Educational & Acit, Charitable Public Trust, Vs. Central Circle 3(4), No. 60, First Avenue, Chennai. Jai Durga Complex, Ashok Nagar, Chennai – 600 083. Tamil Nadu. (&'थ"/Respondent) [Pan: Aacts-1386-D] (अपीलाथ"/Appellant) आयकर अपील सं./Ita Nos.:1471/Chny/2025 िनधा$रण वष$ / Assessment Year: 2017-18 Acit, M/S. Sri Balaji Educational & Central Circle 3(4), Vs. Charitable Public Trust, Chennai. No. 60, First Avenue, Jai Durga Complex, Ashok Nagar, Chennai – 600 083. Tamil Nadu. (अपीलाथ"/Appellant) [Pan: Aacts-1386-D] (&'थ"/Respondent) िनधा$)रती की ओर से/Assessee By : Shri. Y.Sridhar, Fca राज4 की ओर से /Revenue By : Ms. E. Pavuna Sundari, Cit सुनवाई की तारीख/Date Of Hearing : 08.09.2025 घोषणा की तारीख/Date Of Pronouncement : 01.12.2025

92,39,642/-. Therefore, there is an excess addition of Rs.2,00,00,000/- in the final computation. Secondly, with regard to the quantum of addition in respect of the unaccounted anonymous donations received during the year, in Para 6.1.11. of this order. I have restricted the amount of addition on this issue to Rs.29,93,11,490/- only. Further

M/S. SRI BALAJI EDUCATIONAL AND CHARITABLE PUBLIC TRUST,CHENNAI vs. ACIT, CENTRAL CIRCLE-3(4), CHENNAI

In the result, the appeal of the Assessee and that of the Department are dismissed

Bench: Shri Aby T Varkey & Shri S. R. Raghunathaआयकर अपील सं./Ita No.: 1249/Chny/2025 िनधा$रण वष$ / Assessment Year: 2017-18 M/S. Sri Balaji Educational & Acit, Charitable Public Trust, Vs. Central Circle 3(4), No. 60, First Avenue, Chennai. Jai Durga Complex, Ashok Nagar, Chennai – 600 083. Tamil Nadu. (&'थ"/Respondent) [Pan: Aacts-1386-D] (अपीलाथ"/Appellant) आयकर अपील सं./Ita Nos.:1471/Chny/2025 िनधा$रण वष$ / Assessment Year: 2017-18 Acit, M/S. Sri Balaji Educational & Central Circle 3(4), Vs. Charitable Public Trust, Chennai. No. 60, First Avenue, Jai Durga Complex, Ashok Nagar, Chennai – 600 083. Tamil Nadu. (अपीलाथ"/Appellant) [Pan: Aacts-1386-D] (&'थ"/Respondent) िनधा$)रती की ओर से/Assessee By : Shri. Y.Sridhar, Fca राज4 की ओर से /Revenue By : Ms. E. Pavuna Sundari, Cit सुनवाई की तारीख/Date Of Hearing : 08.09.2025 घोषणा की तारीख/Date Of Pronouncement : 01.12.2025

92,39,642/-. Therefore, there is an excess addition of Rs.2,00,00,000/- in the final computation. Secondly, with regard to the quantum of addition in respect of the unaccounted anonymous donations received during the year, in Para 6.1.11. of this order. I have restricted the amount of addition on this issue to Rs.29,93,11,490/- only. Further

V.S. NATARAJAN,THANJAVUR vs. ACIT, CC-3(2), , CHENNAI

In the result both the appeals filed by the assessee are allowed

Bench: Shri Manu Kumar Giri, Hon’Ble & Shri S. R. Raghunatha, Hon’Bleआयकर अपील सं./Ita Nos.: 1603 & 1604/Chny/2024 िनधा"रण वष" / Assessment Years: 2019-20 & 2020-21 Valikaramuthu Subramanian Assistant Commissioner Of Natarajan, V. Income-Tax, No. 104-B, 3Rd Street, Central Circle -3(2), Mangalapuram, Medical College Chennai. Road, Voc Nagar, Thanjavur – 613 007. [Pan: Acypn-0616-R] (अपीलाथ"/Appellant) (""यथ"/Respondent) अपीलाथ" क" ओर से/Appellant By : Shri. Y. Sridhar, Fca ""यथ" क" ओर से/Respondent By : Shri. Nilay Baran Som, Cit सुनवाई की तारीख/Date Of Hearing : 26.09.2024 घोषणा की तारीख/Date Of Pronouncement : 18.10.2024 आदेश /O R D E R Per S. R. Raghunatha:

Section 263 is not justified. 3. The Ld. PCIT has erred in passing the order without considering the detailed submissions filed by the appellant in response to notice u/s 142(1) dated 09/07/2021. 4. Where AO has carried out adequate enquiries in original assessment proceedings after considering the seized materials unearthed from the premises of M/s Pechis Castle

V.S. NATARAJAN,THANJAVUR vs. ACIT, CC-3(2), CHENNAI

In the result both the appeals filed by the assessee are allowed

Bench: Shri Manu Kumar Giri, Hon’Ble & Shri S. R. Raghunatha, Hon’Bleआयकर अपील सं./Ita Nos.: 1603 & 1604/Chny/2024 िनधा"रण वष" / Assessment Years: 2019-20 & 2020-21 Valikaramuthu Subramanian Assistant Commissioner Of Natarajan, V. Income-Tax, No. 104-B, 3Rd Street, Central Circle -3(2), Mangalapuram, Medical College Chennai. Road, Voc Nagar, Thanjavur – 613 007. [Pan: Acypn-0616-R] (अपीलाथ"/Appellant) (""यथ"/Respondent) अपीलाथ" क" ओर से/Appellant By : Shri. Y. Sridhar, Fca ""यथ" क" ओर से/Respondent By : Shri. Nilay Baran Som, Cit सुनवाई की तारीख/Date Of Hearing : 26.09.2024 घोषणा की तारीख/Date Of Pronouncement : 18.10.2024 आदेश /O R D E R Per S. R. Raghunatha:

Section 263 is not justified. 3. The Ld. PCIT has erred in passing the order without considering the detailed submissions filed by the appellant in response to notice u/s 142(1) dated 09/07/2021. 4. Where AO has carried out adequate enquiries in original assessment proceedings after considering the seized materials unearthed from the premises of M/s Pechis Castle

SHRI. IRULANDI THEVAR VETRIVEL,MADURAI vs. ACIT, CENTRAL CIRCLE 2, MADURAI, MADURAI

92,16,935\n==End of OCR for page 12==\n2020-\nCoolies and Various\n17,65,97,837 Bills\nExpenses\nand\n21\nwages\ndates\n42,91,24,560\nPayable-Sundries\nVarious\ndates\nSub-Total\n60,60,23,497\nSite operating 21.09.2019\n9,28,36,450 Bills\nand\nExpenses\nexpenses\n21.03.2020\n10,17,68,370\nPayable-Sundries\nSub-total

M/S. LALITHA JEWELLERY MART LTD.,CHENNAI vs. DCIT, CENTRAL CIRCLE-1(4), CHENNAI

bogus, then as a corollary, at the time of search, the\nphysical inventory ought to have been higher than the closing inventory\nas per books, which was not the case and instead the inventory physically\nfound and as per books stood fully reconciled. The assessee further\nsubmitted that even the inventory details, purchases and sales found in\nthe books

DCIT NON- CORPORATE CIRCLE-4 COIMBATORE, COIMBATORE vs. DHARMA JEWELLERS, COIMBATORE

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

Bench: Shri V. Durga Rao & Shri Manjunatha, G.आयकर अपील सं./I.T.A. No.781/Chny/2023 िनधा"रण वष"/Assessment Year: 2017-18 The Deputy Commissioner Of Vs. Dharma Jewellers, Income Tax, 75, Savithiri Nagar, Non Corporate Circle 4, Aayakar Coimbatore 641 001. Bhavan, 63, Race Course Road, Coimbatore. [Pan:Aaffd3210Q]

section 143(3) of the Act dated 18.12.2019. 3.1 In the assessment order, the Assessing Officer has noted that the assessee has deposited demonetized currencies to the extent of ₹.2,31,20,500/-. The assessee had claimed that the cash balance available as per books on 08.11.2016 of ₹.2,43,45,612/- was the source for the said SBN deposits

ASSISTANT COMMISSIONER OF INCOME TAX LTU CIRCLE 1 CHENNAI, CHENNAI vs. PRUDENTIAL SUGAR CORPORATION LIMITED, CHITOOR

Bench: Shri S.S. Viswanethra Ravi & Shri S. R. Raghunathaआयकर अपील सं./Ita No.:2298/Chny/2024 िनधा"रण वष" / Assessment Year: 2018-19 The Assistant Commissioner Of Prudential Sugar Corporation Income Tax, Vs. Limited, Ltu, Circle -1, Prudential Nagar, Chennai. Koppedu Post, Nindra, Mandal – 517 587. [Pan:Aaacp-4338-D] (अपीलाथ"/Appellant) (""थ"/Respondent)

section 50B of the Act, the consideration received for slump sale was Rs.1,30,15,59,570/- and net worth of undertaking was determined at Rs.77,68,31,171/-. :-3-: ITA. No.:2298/Chny/2024 4. The assessee entered into business transfer agreement with the buyer on 04.04.2015. During the same time i.e. in 2014, the assessee had purchased shares

M/S ENRICA ENTERPRISES PVT LTD,CHENNAI vs. DCIT,CENTRAL CIRCLE-3(4), CHENNAI

In the result, appeal filed by the assessee in ITA

Bench: Shri Manjunatha. G & Shri Manomohan Das

section 132(4) dated 9.12.2018, while asking the modus operandi of generating unaccounted cash, you have stated that you will raise bogus bills for which you pay them through banking channels and receive cash from them. Please go through your statement and clarify about generation of unaccounted cash. Ans. Sir, we have not raised any bogus bills from our suppliers

M/S.ENRICA ENTERPRISES PVT LTD,CHENNAI vs. DCIT,CENTRAL CIRCLE-3(4), CHENNAI

In the result, appeal filed by the assessee in ITA

Bench: Shri Manjunatha. G & Shri Manomohan Das

section 132(4) dated 9.12.2018, while asking the modus operandi of generating unaccounted cash, you have stated that you will raise bogus bills for which you pay them through banking channels and receive cash from them. Please go through your statement and clarify about generation of unaccounted cash. Ans. Sir, we have not raised any bogus bills from our suppliers

K V TEX FIRM,CHENNAI vs. ASST. COMMISSIONER OF INCOME TAX,, CHENNAI

In the result, all the three appeals of the assessee stand allowed

Bench: Shri George George K & Shri S.R. Raghunatha

Section 148 of the Act. Any other interpretation, in our humble view, will not only cause violence to the language used, but will also defeat the object for which a transparent faceless procedure’ was introduced. Hence, we are unable to persuade ourselves to accept a different meaning than the literal meaning flowing and conveyed from the provisions

SHRI. IRULANDI THEVAR VETRIVEL ,MADURAI vs. ACIT, CENTRAL CIRCLE 2, MADURAI, MADURAI

In the result, all the appeals of the Revenue are dismissed and the appeals of the assessee are partly allowed

Bench: Shri Aby T. Varkey & Shri Amitabh Shukla

92,16,935 ITA Nos.131 to 136/Chny/2024 (AYs 2016-17 to 2021-22) ITA Nos.235 to 240/Chny/2024 (AYs 2016-17 to 2021-22) Shri Irulandi Thevar Vetrivel :: 13 :: 2020- Coolies and Various 17,65,97,837 Bills and 21 wages dates Expenses Payable-Sundries Various 42,91,24,560 dates Sub-Total 60,60,23,497 Site operating

SHRI. IRULANDI THEVAR VETRIVEL,MADURAI vs. ACIT, CENTRAL CRICLE 2, MADURAI, MADURAI

In the result, all the appeals of the Revenue are dismissed and the appeals of the assessee are partly allowed

Bench: Shri Aby T. Varkey & Shri Amitabh Shukla

92,16,935 ITA Nos.131 to 136/Chny/2024 (AYs 2016-17 to 2021-22) ITA Nos.235 to 240/Chny/2024 (AYs 2016-17 to 2021-22) Shri Irulandi Thevar Vetrivel :: 13 :: 2020- Coolies and Various 17,65,97,837 Bills and 21 wages dates Expenses Payable-Sundries Various 42,91,24,560 dates Sub-Total 60,60,23,497 Site operating

SHRI. IRULANDI THEVAR VETRIVEL,MADURAI vs. ACIT, CENTRAL CIRCLE 2, MADURAI, MADURAI

In the result, all the appeals of the Revenue are dismissed and the appeals of the assessee are partly allowed

Bench: Shri Aby T. Varkey & Shri Amitabh Shukla

92,16,935 ITA Nos.131 to 136/Chny/2024 (AYs 2016-17 to 2021-22) ITA Nos.235 to 240/Chny/2024 (AYs 2016-17 to 2021-22) Shri Irulandi Thevar Vetrivel :: 13 :: 2020- Coolies and Various 17,65,97,837 Bills and 21 wages dates Expenses Payable-Sundries Various 42,91,24,560 dates Sub-Total 60,60,23,497 Site operating