D.A.V. EDUCATIONAL TRUST,CHENNAI vs. ITO, EXEMPTION WARD-2, CHENNAI

In the result, the appeals filed by the assessee for AY 2014-15,\n2017-18 & 2018-19 are allowed and the appeal for AY 2015-16 is partly\nallowed

capital assets acquired. Against question No.\n12 of the questionnaire, vide item No. 10 of its reply, the assessee stated\nthat the details of income accumulated under clause 2 of section\n11(1)/11(2) having bearing on this assessment in the prescribed format,\nwill be submitted at the earliest and submitted the same at page 111 of\nthe paper

UNITED INDIA INSURANCE CO.LIMITED,CHENNAI vs. PCIT-3, CHENNAI

249 placed\nat pages 60 to 70 of paper book and the decision of the Hon'ble High\nCourt of Delhi in the case of Escorts reported in 338 ITR 435 placed at\npages 71 to 84 of paper book for the proposition that if similar claims\nhave been allowed in the earlier assessment years, revisionary\nproceedings cannot be initiated

UNITED INDIA INSUANCE CO LIMITED,CHENNAI vs. PCIT 3, CHENNAI

249 placed\nat pages 60 to 70 of paper book and the decision of the Hon'ble High\nCourt of Delhi in the case of Escorts reported in 338 ITR 435 placed at\npages 71 to 84 of paper book for the proposition that if similar claims\nhave been allowed in the earlier assessment years, revisionary\nproceedings cannot be initiated

UNITED INDIA INSURANCE CO LIMITED,CHENNAI vs. PCIT-3, CHENNAI

In the result, the appeals for AY 2014-15, 2016-17 & 2017-18 are partly allowed and appeals for AY 2015-16 & 2017-18 (in ITA No

Bench: Shri S.S. Viswanethra Ravi & Shri Jagadishआयकर अपील सं./I.T.A. Nos.1759/Chny/2019, 182 & 183/Chny/2021, 430/Chny/2022 & 683/Chny/2023 िनधा"रण वष"/Assessment Years: 2014-15, 2015-16, 2016-17 & 2017-18 United India Insurance Co. Ltd., Vs. The Principal Commissioner Of O/O The Chief Manager, Cfac Income Tax – 3, Department, Head Office, United India Chennai 600 034. Nalanda, Door No. 19, Ground Floor, 4Th Lane, Utamar Gandhi Salai, Chennai 600 034. [Pan:Aaacu5552C] (अपीलाथ"/Appellant) (""थ"/Respondent) अपीलाथ" की ओर से / Appellant By : Shri S. Sundararaman, Ca ""थ" की ओर से/Respondent By : Ms. V. Pushpa, Sr. Standing Counsel (Virtual) सुनवाई की तारीख/ Date Of Hearing : 07.10.2025 घोषणा की तारीख /Date Of Pronouncement : 05.01.2026 आदेश /O R D E R Per S.S. Viswanethra Ravi: The Appeal In Ita No. 1759/Chny/2019 Filed By The Assessee Is Directed Against The Order Dated 29.03.2019 Passed By The Ld. Principal Commissioner Of Income Tax-3, Chennai For The Assessment Year 2014- 15. The Appeals In Ita No. 182 & 183/Chny/2021 Are Filed By The Assessee Against Different Orders Both Dated 28.03.2021 Passed By The Ld. Pcit-3, Chennai For The Assessment 2015-16 & 2016-17. The 2

capital gains which were exempt till AY 2010-11. He submits that the assessee started to claim deduction under section 10(38) of the Act from 5 I.T.A. No.1759/Chny/19 & Ors United India Insurance AY 2005-06 and has been allowed in the assessee’s own case both pre and post amendment of Rule 5(b) of the First Schedule

UNITED INDIA INSURANCE CO LTD,CHENNAI vs. PCIT, CHENNAI

249 placed\nat pages 60 to 70 of paper book and the decision of the Hon'ble High\nCourt of Delhi in the case of Escorts reported in 338 ITR 435 placed at\npages 71 to 84 of paper book for the proposition that if similar claims\nhave been allowed in the earlier assessment years, revisionary\nproceedings cannot be initiated

UNITED INDIA INSURANCE CO.LTD,CHENNAI vs. PCIT-3,, CHENNAI

249 placed\nat pages 60 to 70 of paper book and the decision of the Hon'ble High\nCourt of Delhi in the case of Escorts reported in 338 ITR 435 placed at\npages 71 to 84 of paper book for the proposition that if similar claims\nhave been allowed in the earlier assessment years, revisionary\nproceedings cannot be initiated

ASSISTANT COMMISSIONER OF INCOME TAX, CHENNAI vs. COGNIZANT TECHNOLOGY SOLUTIONS INDIA PRIVATE LIMITED, CHENNAI

249\n(Del. ITAT)\n\n- 19 -\nITA Nos.1193, 1194, 1205 to 1207,\n1262 to 1266/CHNY/2024\n\nΟ Ernst & Young Private Limited In Re. 323 ITR 184 (AAR)\n\nΟ Sundaram Asset Management Company Ltd Vs DCIT, LTU\n[2019] 111 taxmann.com 11 (Chennai ITAT) reference in\nthis regard is made to Page No. 396 (Para

ASSISTANT COMMISSIONER OF INCOME TAX, CHENNAI vs. COGNIZANT TECHNOLOGY SOLUTIONS INDIA PRIVATE LIMITED, CHENNAI

249\n(Del. ITAT)\n- Ernst & Young Private Limited In Re. 323 ITR 184 (AAR)\n• Sundaram Asset Management Company Ltd Vs DCIT, LTU\n[2019] 111 taxmann.com 11 (Chennai ITAT) reference in\nthis regard is made to Page No. 396 (Para No. 9) of the\ncase law paper book.\n- Routine repair/ maintenance services and remote IT support\nservices

ASSISTANT COMMISSIONER OF INCOME TAX, CHENNAI vs. COGNIZANT TECHNOLOGY SOLUTIONS INDIA PRIVATE LIMITED, CHENNAI

249\n(Del. ITAT)\n- Ernst & Young Private Limited In Re. 323 ITR 184 (AAR)\n- Sundaram Asset Management Company Ltd Vs DCIT, LTU\n[2019] 111 taxmann.com 11 (Chennai ITAT) reference in\nthis regard is made to Page No. 396 (Para No. 9) of the\ncase law paper book.\n- Routine repair/ maintenance services and remote IT support\nservices

COGNIZANT TECHNOLOGY SOLUTIONS INDIA PRIVATE LIMITED,CHENNAI vs. THE ASSISTANT COMMISSIONER OF INCOME-TAX, CENTRAL CIRCLE 1(1), CHENNAI

249\n(Del. ITAT)\n\n- 19 -\nITA Nos.1193, 1194, 1205 to 1207,\n1262 to 1266/CHNY/2024\n\nΟ Ernst & Young Private Limited In Re. 323 ITR 184 (AAR)\n\nΟ Sundaram Asset Management Company Ltd Vs DCIT, LTU\n[2019] 111 taxmann.com 11 (Chennai ITAT) reference in\nthis regard is made to Page No. 396 (Para

COGNIZANT TECHNOLOGY SOLUTIONS INDIA PRIVATE LIMITED,CHENNAI vs. THE ASSISTANT COMMISSIONER OF INCOME-TAX, CENTRAL CIRCLE 1(1), CHENNAI

249\n(Del. ITAT)\nΟ Ernst & Young Private Limited In Re. 323 ITR 184 (AAR)\nΟ Sundaram Asset Management Company Ltd Vs DCIT, LTU\n[2019] 111 taxmann.com 11 (Chennai ITAT) reference in\nthis regard is made to Page No. 396 (Para No. 9) of the\ncase law paper book.\n- Routine repair/ maintenance services and remote IT support\nservices

ASSISTANT COMMISSIONER OF INCOME TAX, CHENNAI vs. COGNIZANT TECHNOLOGY SOLUTIONS INDIA PRIVATE LIMITED, CHENNAI

249\n(Del. ITAT)\nO Ernst & Young Private Limited In Re. 323 ITR 184 (AAR)\nO Sundaram Asset Management Company Ltd Vs DCIT, LTU\n[2019] 111 taxmann.com 11 (Chennai ITAT) reference in\nthis regard is made to Page No. 396 (Para No. 9) of the\ncase law paper book.\n- Routine repair/ maintenance services and remote IT support\nservices

COGNIZANT TECHNOLOGY SOLUTIONS INDIA PRIVATE LIMITED,CHENNAI vs. THE ASSISTANT COMMISSIONER OF INCOME-TAX, CENTRAL CIRCLE 1(1), CHENNAI

249\n(Del. ITAT)\nΟ Ernst & Young Private Limited In Re. 323 ITR 184 (AAR)\nΟ Sundaram Asset Management Company Ltd Vs DCIT, LTU\n[2019] 111 taxmann.com 11 (Chennai ITAT) reference in\nthis regard is made to Page No. 396 (Para No. 9) of the\ncase law paper book.\n- Routine repair/ maintenance services and remote IT support\nservices

D.A.V. EDUCATIONAL TRUST,CHENNAI vs. ITO, EXEMPTION WARD-4,, CHENNAI

In the result, the appeals filed by the assessee for AY 2014-15,\n2017-18 & 2018-19 are allowed and the appeal for AY 2015-16 is partly\nallowed

capital assets acquired. Against question No.\n12 of the questionnaire, vide item No. 10 of its reply, the assessee stated\nthat the details of income accumulated under clause 2 of section\n11(1)/11(2) having bearing on this assessment in the prescribed format,\nwill be submitted at the earliest and submitted the same at page 111 of\nthe paper

D.A.V. EDUCATIONAL TRUST,CHENNAI vs. ITO, EXEMPTION WARD-2, CHENNAI

In the result, the appeal of the assessee for AY 2017-18 is allowed

Bench: Shri S.S. Viswanethra Ravi & Shri Jagadishआयकर अपील सं./I.T.A. Nos.1667, 1668, 1669 & 1670/Chny/2024 िनधा"रण वष"/Assessment Years: 2014-15, 2015-16, 2017-18 & 2018-19 D.A.V. Educational Trust, Vs. The Income Tax Officer, 5, S V Illam, Mohanapuri Lake View Exemption Ward 4, Street, Adambakkam, Chennai. Chennai 600 088. [Pan: Aaatc5967A] (अपीलाथ"/Appellant) (""थ"/Respondent) अपीलाथ" की ओर से / Appellant By : Shri G. Baskar, Advocate & Shri A. Satyaseelan, Advocate ""थ" की ओर से/Respondent By : Ms. Gouthami Manivasagam, Jcit सुनवाई की तारीख/ Date Of Hearing : 28.10.2025 घोषणा की तारीख /Date Of Pronouncement : 21.01.2026 आदेश /O R D E R Per S.S. Viswanethra Ravi: These Four Appeals Filed By The Assessee Are Directed Against The Orders All Dated 05.04.2024 Passed By The Ld. Commissioner Of Income Tax (Appeals), National Faceless Appeal Centre [Nfac], Delhi For The Assessment Years 2014-15, 2015-16, 2017-18 & 2018-19. 2. Since, The Issues Raised In These Appeals Are Similar Based On The Same Identical Facts, With The Consent Of Both The Parties, We Proceed To 2

capital assets acquired. Against question No. 12 of the questionnaire, vide item No. 10 of its reply, the assessee stated that the details of income accumulated under clause 2 of section 11(1)/11(2) having bearing on this assessment in the prescribed format, will be submitted at the earliest and submitted the same at page 111 of the paper

LOTUS FOOTWEAR ENTERPRISES LIMITED-INDIA BRANCH,TIRUVANNAMALAI vs. DCIT, INTERNATIONAL TAX 1(2), CHENNAI

In the result all the four appeals of the assessee are allowed

gains on such\nreasonable basis as he may deem fit.\nExplanation.— For the purposes of this sub-section, "market value", in\nrelation to any goods or services, means—\n(i) the price that such goods or services would ordinarily fetch in the\nopen market; or\n(ii) the arm's length price as defined in clause (ii) of section

LOTUS FOOTWEAR ENTERPRISES LIMITED-INDIA BRANCH,TIRUVANNAMALAI vs. DCIT, INTERNATIONAL TAX 1(2), CHENNAI

In the result all the four appeals of the assessee are allowed

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

gains on such reasonable basis as he may deem fit. Explanation.— For the purposes of this sub-section, "market value", in relation to any goods or services, means— (i) the price that such goods or services would ordinarily fetch in the open market; or (ii) the arm's length price as defined in clause (ii) of section 92F, where

LOTUS FOOTWEAR ENTERPRISES LIMITED-INDIA BRANCH,TIRUVANNAMALAI vs. DCIT, INTERNATIONAL TAX 1(2), CHENNAI

In the result all the four appeals of the assessee are allowed

gains on such\nreasonable basis as he may deem fit.\n\nExplanation.— For the purposes of this sub-section, "market value", in\nrelation to any goods or services, means—\n(i) the price that such goods or services would ordinarily fetch in the\nopen market; or\n(ii) the arm's length price as defined in clause (ii) of section