DEPUTY COMMISSIONER OF INCOME TAX, EXEMPTIONS CIRCLE, CHENNAI, INCOME TAX DEPARTMENT vs. THE INDIAN INSTITUTE OF ENGINEERING TECHNOLOGY, CHENNAI

In the result the appeal of the Revenue dismissed

Bench: Shri Mahavir Singh & Shri S.R. Raghunathaआयकर अपील सं./Ita No.679/Chny/2024 िनधा;रण वष; /Assessment Year: 2012-13 The Dy. Commissioner Of The Indian Institute Of Engineering Income Tax, Vs. Technology, Exemptions Circle, 363, Arcot Road, Kodambakkam, Chennai. Chennai – 600 024. [Pan: Aaatt 2768C] (अपीलाथ"/Appellant) (""यथ"/Respondent) अपीलाथH की ओर से/ Assessee By : Shri R. Vijayaraghavan, Advocate JkथH की ओर से /Revenue By : Shri N. Sanjay Gandhi, Jcit सुनवाई की तारीख/Date Of Hearing : 11.06.2024 घोषणा की तारीख /Date Of Pronouncement : 30.08.2024 आदेश / O R D E R Per S.R. Raghunatha, A.M : This Appeal By The Revenue Is Arising Out Of The Order Of The Commissioner Of Income Tax (Appeals), (Nfac), Delhi [Hereinafter “Cit(A)] In Din & Order No.Itba/Nfac/S/250/2023- 24/1059500064(1), Dated 09.01.2024. The Assessment Was Framed By The Assessing Officer For The Assessment Year 2012-13 U/S.143(3) Of The Income Tax Act, 1961 (Hereinafter The ‘Act’), Vide Order Dated 20.03.2015. :- 2 -: 2. There Is A Delay Of 06 Days In Filing The Appeal By The Revenue.

charitable trust, registered U/s.12AA of the Act, vide DIT(E) No.2(41)/91-92 dated 29/06/1993. The assessee trust is created to establish institutions for studies and research for the advancement of knowledge, skill, training and education for every kind including technology, engineering and professional studies and to construct and acquire building, structures, equipments, implements whatsoever necessary for the purpose. Towards

DCIT, CENTRAL CIRCLE 1(1), CHENNAI vs. VELLORE INSTITUTE OF TECHNOLOGY, VELLORE

Appeals of the Revenue are dismissed whereas that of assessee are partly allowed

Bench: Shri Abraham P. George & Shri Duvvuru Rl Reddy]

section 13(1) (c) of the Act" When the AD has concluded that he has to treat the cash refunds as withdrawals for the purpose of college expenses, merely because proof adduced for such expenses is 'treated as not genuine' by the AO, cannot automatically lead to the conclusion of violation of sec.13(1)(c), unless

VELLORE INSTITUTE OF TECHNOLOGY,VELLORE vs. DCIT, CC IV(1), CHENNAI

Appeals of the Revenue are dismissed whereas that of assessee are partly allowed

Bench: Shri Abraham P. George & Shri Duvvuru Rl Reddy]

section 13(1) (c) of the Act" When the AD has concluded that he has to treat the cash refunds as withdrawals for the purpose of college expenses, merely because proof adduced for such expenses is 'treated as not genuine' by the AO, cannot automatically lead to the conclusion of violation of sec.13(1)(c), unless

VELLORE INSTITUTE OF TECHNOLOGY,VELLORE vs. DCIT, CC IV(1), CHENNAI

Appeals of the Revenue are dismissed whereas that of assessee are partly allowed

Bench: Shri Abraham P. George & Shri Duvvuru Rl Reddy]

section 13(1) (c) of the Act" When the AD has concluded that he has to treat the cash refunds as withdrawals for the purpose of college expenses, merely because proof adduced for such expenses is 'treated as not genuine' by the AO, cannot automatically lead to the conclusion of violation of sec.13(1)(c), unless

DCIT, CENTRAL CIRCLE 1(1), CHENNAI vs. VELLORE INSTITUTE OF TECHNOLOGY, VELLORE

Appeals of the Revenue are dismissed whereas that of assessee are partly allowed

Bench: Shri Abraham P. George & Shri Duvvuru Rl Reddy]

section 13(1) (c) of the Act" When the AD has concluded that he has to treat the cash refunds as withdrawals for the purpose of college expenses, merely because proof adduced for such expenses is 'treated as not genuine' by the AO, cannot automatically lead to the conclusion of violation of sec.13(1)(c), unless

VEERAVEL TRUST,,TIRUCHENGODE vs. ITO, EXEMPTION WARD, , SALEM

In the result, appeal filed by the assessee is dismissed

Bench: Shri Duvvuru Rl Reddy & Shri G. Manjunatha

234B and 234C.” 3. At the outset, learned AR for the assessee submitted that appeal filed by the assessee is time barred by 37 days for which necessary petition for condonation of delay along with affidavit explaining the reasons for the delay has been filed. The AR further submitted that the assessee could not file appeal within the time allowed

ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1, TRICHY vs. A. SRINIVASAN, PERAMBALUR

In the result, appeal filed by the Revenue for AY 2014-15 in ITA

Bench: Shri Aby T. Varkey & Shri S.R.Raghunathaआयकर अपील सं./Ita No.1527/Chny/2023 िनधा"रण वष"/Assessment Year: 2014-15 & Cross Objection No.13/Chny/2024 (In Ita No.1527/Chny/2023) िनधा"रण वष"/Assessment Year: 2014-15

Charitable Trust] was discovered. According to the AO, Shri A. Srinivasan/assessee was holding 80% of shares in M/s.Dhanalakshmi Sugars Ltd (a company incorporated on 03.08.2007 and hereinafter in short "M/s.DSL") and the remaining 28% of shares was held by P.Neelraj. According to the AO, M/s.DSL was sold to M/s.VV Minerals Group between June-July, 2013 for a total consideration

ARUNACHALAM SRINIVASAN,PERAMBALUR vs. ACIT, CENTRAL CIRCLE-1 , TRICHY

In the result, appeal filed by the Revenue for AY 2014-15 in ITA

Bench: Shri Aby T. Varkey & Shri S.R.Raghunathaआयकर अपील सं./Ita No.1527/Chny/2023 िनधा"रण वष"/Assessment Year: 2014-15 & Cross Objection No.13/Chny/2024 (In Ita No.1527/Chny/2023) िनधा"रण वष"/Assessment Year: 2014-15

Charitable Trust] was discovered. According to the AO, Shri A. Srinivasan/assessee was holding 80% of shares in M/s.Dhanalakshmi Sugars Ltd (a company incorporated on 03.08.2007 and hereinafter in short "M/s.DSL") and the remaining 28% of shares was held by P.Neelraj. According to the AO, M/s.DSL was sold to M/s.VV Minerals Group between June-July, 2013 for a total consideration

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

234B amounting to Rs 8.63,9281/- The trust is helping poor\ncraftman who develop their skills and market their ware. The trust is only\nhelping poor craftman and hence the proviso to section 2(15)will not apply. In\nany event the trust is acting only as the conduit pipe for the poor craft man to\nsell their crafts

M.N. CHICKKANNA CHETTIAR TRUST,TIRUPPUR vs. ACIT (EXEMPTIONS), COIMBATORE

In the result the appeal of the assessee for the A

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

trust objects to the levy of interest under sections 234B and 234C of the Income Tax Act. :-3-: ITA. No.:1568/Chny/2025 3. The brief facts of the case are that the assessee is a charitable

TAMILNADU SMALL AND TINY INDUSTRIES LIMITED,CHENNAI vs. ITO, EXEMPTIONS WARD 4, CHENNAI

In the result, the appeal filed by the assessee is partly allowed

Bench: Shri Aby T. Varkey & Shri Jagadishआयकर अपील सं./Ita No.1415/Chny/2024 िनधा9रण वष9 /Assessment Year: 2015-16 Tamilnadu Small & Tiny Industries The Income Tax Officer Association, Vs. (Exemptions), No.10, Gst Road, Guindy, Ward-4, Chennai – 600 032. Chennai. [Pan: Aaatt 2207J]

trust objects to the levy of interest under sections 234A and 234B of the Income Tax Act, 1961.” 3. Grounds No.1 & 2 are general in nature hence, no adjudication is required. :- 3 -: 4. Grounds No.2 to 7 are relating to denial of exemption u/s. 11 of the Act invoking the provisio of section 2(15) and section

M V SUBRAMANIAN FAMILY TRUST,CHENNAI vs. ITO, NCW-1(1), CHENNAI

In the result, the appeal filed by the assessee is allowed

Bench: Shri Manu Kumar Giri & Shri S.R. Raghunathaआयकर अपील सं./Ita No.: 1087/Chny/2025 िनधा"रण वष"/Assessment Year:2021-22 M/S. M V Subramanian Family The Income Tax Officer, Trust, Non-Corporate Ward 1(1), 10, Valliammai Achi Road, Vs. Chennai. Kotturpuram, Chennai – 600 085. Pan: Aaetm 9151C (""यथ"/Respondent) (अपीलाथ"/Appellant) अपीलाथ" क" ओर से/Appellant By : Shri Ashwin, Ca ""यथ" क" ओर से/Respondent By : Ms. Anitha, Addl.Cit सुनवाई क" तारीख/Date Of Hearing : 24.07.2025 घोषणा क" तारीख/Date Of Pronouncement : 25.08.2025

234B and 234C of the Act. 3.2. The Interest under section 234C has been erroneously levied at INR 5,813 by disregarding the fact that the same is required to be levied only on the returned income. 4. Ground No.4-General The Appellant craves leave to add, alter, amend, substitute, rescind, modify and/or withdraw in any manner whatsoever

MADRAS PORT AND DOCK EDUCATIONAL TRUST HIGHER SECONDARY SCHOOL,CHENNAI vs. ITO, EXEMPTION WARD-2,, CHENNAI

In the result both the appeals of the assessee for the A

Bench: Shri George George K & Shri S.R. Raghunathaआयकरअपीलसं./Ita Nos.:937 & 938/Chny/2025 धनि््रणवर्/ Assessment Years: 2021-22 & 2022-23 Chennai Port & Dock Educational Ito, Trust Higher Secondary School Vs. Exemptions Ward-2, (Formerly Known As Madras Port & Chennai – 600 034. Dock Educational Trust Higher Secondary School), Mdlb Housing Colony, Tondiarpet, Chennai – 600 081. [Pan:Aaaam-8192-L] (अपील्थ्/Appellant) (प्थ्/Respondent) अपील्थ्कीओरसे/Appellant By : Shri. Suraj Nahar, C.A. प्थ्कीओरसे/Respondent By : Shri. Kumar Chandan, J.C.I.T. सुनव््कीत्रीख/Date Of Hearing : 17.06.2025 घोरण्कीत्रीख/Date Of Pronouncement : 30.07.2025

234B and 234C. 4. The brief facts of the case are that the assessee is a trust registered u/s.12AA of the Income Tax Act, 1961 (in Short ‘the Act’) running a school with a view to provide better educational facilities to the children of the employees of the Madras Port and Dock Educational Trust Higher Secondary School

MADRAS PORT AND DOCK EDUCATIONAL TRUST HIGHER SEC. SCHOOL,CHENNAI vs. ITO, EXEMPTIONS WARD-2,, CHENNAI

In the result both the appeals of the assessee for the A

Bench: Shri George George K & Shri S.R. Raghunathaआयकरअपीलसं./Ita Nos.:937 & 938/Chny/2025 धनि््रणवर्/ Assessment Years: 2021-22 & 2022-23 Chennai Port & Dock Educational Ito, Trust Higher Secondary School Vs. Exemptions Ward-2, (Formerly Known As Madras Port & Chennai – 600 034. Dock Educational Trust Higher Secondary School), Mdlb Housing Colony, Tondiarpet, Chennai – 600 081. [Pan:Aaaam-8192-L] (अपील्थ्/Appellant) (प्थ्/Respondent) अपील्थ्कीओरसे/Appellant By : Shri. Suraj Nahar, C.A. प्थ्कीओरसे/Respondent By : Shri. Kumar Chandan, J.C.I.T. सुनव््कीत्रीख/Date Of Hearing : 17.06.2025 घोरण्कीत्रीख/Date Of Pronouncement : 30.07.2025

234B and 234C. 4. The brief facts of the case are that the assessee is a trust registered u/s.12AA of the Income Tax Act, 1961 (in Short ‘the Act’) running a school with a view to provide better educational facilities to the children of the employees of the Madras Port and Dock Educational Trust Higher Secondary School

SRI PONNAIYAH RAMAJAYATHAMMAL EDUCTIONAL & CHARITABLE TRUST,CHENNAI vs. ACIT, TRICHY

Bench: Shri Chandra Poojari & Shri V. Durga Rao

charitable institution and also not accounted the transaction during the relevant financial year, the assessee could not substantiate the concealment of this sale transaction which is clearly establishes the default on his part and hence the lower authorities are justified in calculating the capital gains on account 'of sale of land and building at VOC Nagar, Thanjavur by applying

ACIT, TRICHY vs. SHRI R.VISWANATHAN, DINDIGUL

Bench: Shri Chandra Poojari & Shri V. Durga Rao

charitable institution and also not accounted the transaction during the relevant financial year, the assessee could not substantiate the concealment of this sale transaction which is clearly establishes the default on his part and hence the lower authorities are justified in calculating the capital gains on account 'of sale of land and building at VOC Nagar, Thanjavur by applying

ACIT, TRICHY vs. SHRI P.JANAKAR, DINDIGUL

Bench: Shri Chandra Poojari & Shri V. Durga Rao

charitable institution and also not accounted the transaction during the relevant financial year, the assessee could not substantiate the concealment of this sale transaction which is clearly establishes the default on his part and hence the lower authorities are justified in calculating the capital gains on account 'of sale of land and building at VOC Nagar, Thanjavur by applying

ACIT, TRICHY vs. P.MURUGESAN, THANJAVUR

Bench: Shri Chandra Poojari & Shri V. Durga Rao

charitable institution and also not accounted the transaction during the relevant financial year, the assessee could not substantiate the concealment of this sale transaction which is clearly establishes the default on his part and hence the lower authorities are justified in calculating the capital gains on account 'of sale of land and building at VOC Nagar, Thanjavur by applying

P.MURUGESAN,CHENNAI vs. ACIT, TRICHY

Bench: Shri Chandra Poojari & Shri V. Durga Rao

charitable institution and also not accounted the transaction during the relevant financial year, the assessee could not substantiate the concealment of this sale transaction which is clearly establishes the default on his part and hence the lower authorities are justified in calculating the capital gains on account 'of sale of land and building at VOC Nagar, Thanjavur by applying