ASSISTANT COMMISSIONER OF INCOME TAX, MADURAI vs. RAMCO INDUSTRIES LIMITED, CHENNAI

Appeals of the revenue are dismissed

Bench: Shri Manu Kumar Giri & Shri Jagadish

condone the delay and admit the appeal for adjudication. 3. Grounds of appeal filed by the revenue are as under: (1) The order of the Ld. CIT(A), NFAC, Delhi is opposed to law on the facts and in the circumstances of the case. (2) The Ld. CIT(A) erred in observing that the assessee had more non- interest bearing

ASSISTANT COMMISSIONER OF INCOME TAX, MADURAI vs. RAMCO INDUSTRIES LIMITED, CHENNAI

Appeals of the revenue are dismissed

Bench: Shri Manu Kumar Giri & Shri Jagadishआयकरअपीलसं./I.T.A.No.2900 & 2901/Chny/2024 (निर्धारण वर्ष / Assessment Year: 2011-12 & 2013-14)

condone the delay and admit the appeal for adjudication. 3. Grounds of appeal filed by the revenue are as under: (1) The order of the Ld. CIT(A), NFAC, Delhi is opposed to law on the facts and in the circumstances of the case. (2) The Ld. CIT(A) erred in observing that the assessee had more non- interest bearing

DCIT, CHENNAI vs. SIVA VENTURES LIMITED, CHENNAI

In the result, the assessee’s appeals in ITA No 1392/2016 for the

Bench: Shri Duvvuru Rl Reddy & Shri S. Jayaraman

condone the delay. We required the ld DR to present the case. The ld DR submitted on the issue of ITA Nos.1040/Chny/2014 & 1392, 1393, 1390, 1391, 1973/Chny/2016 ITA Nos.1075/Chny/2014, 663/Chny/2015 (CO No.51/Chny/2014 in ITA No.1075/Chny/2014) - 33 -: ITA Nos.1417 & 1421/Chny/2016 disallowance of interest on loan under section 14A

SIVA INDUSTRIES AND HOLDINGS LIMITED,CHENNAI vs. DCIT, CHENNAI

In the result, the assessee’s appeals in ITA No 1392/2016 for the

Bench: Shri Duvvuru Rl Reddy & Shri S. Jayaraman

condone the delay. We required the ld DR to present the case. The ld DR submitted on the issue of ITA Nos.1040/Chny/2014 & 1392, 1393, 1390, 1391, 1973/Chny/2016 ITA Nos.1075/Chny/2014, 663/Chny/2015 (CO No.51/Chny/2014 in ITA No.1075/Chny/2014) - 33 -: ITA Nos.1417 & 1421/Chny/2016 disallowance of interest on loan under section 14A

DCIT, CHENNAI vs. SIVA VENTURES LTD., CHENNAI

In the result, the assessee’s appeals in ITA No 1392/2016 for the

Bench: Shri Duvvuru Rl Reddy & Shri S. Jayaraman

condone the delay. We required the ld DR to present the case. The ld DR submitted on the issue of ITA Nos.1040/Chny/2014 & 1392, 1393, 1390, 1391, 1973/Chny/2016 ITA Nos.1075/Chny/2014, 663/Chny/2015 (CO No.51/Chny/2014 in ITA No.1075/Chny/2014) - 33 -: ITA Nos.1417 & 1421/Chny/2016 disallowance of interest on loan under section 14A

DCIT, CHENNAI vs. SIVA VENTURES LTD., CHENNAI

In the result, the assessee’s appeals in ITA No 1392/2016 for the

Bench: Shri Duvvuru Rl Reddy & Shri S. Jayaraman

condone the delay. We required the ld DR to present the case. The ld DR submitted on the issue of ITA Nos.1040/Chny/2014 & 1392, 1393, 1390, 1391, 1973/Chny/2016 ITA Nos.1075/Chny/2014, 663/Chny/2015 (CO No.51/Chny/2014 in ITA No.1075/Chny/2014) - 33 -: ITA Nos.1417 & 1421/Chny/2016 disallowance of interest on loan under section 14A

ACIT CIRCLE 1, TRICHY vs. DALMIA BHARAT LTD., TRICHY

In the result, appeal of the revenue being devoid of merits is dismissed

Bench: S/Shri Shri Chandra Mohan Garg, Judicial & Arun Khodpia & Arun Khodpia & Arun Khodpiaassessment Year : 2014-15 Acit, Circle-1, Vs. M/S. M/S. Dalmia Dalmia Bharat Bharat Trichy Ltd.,Dalmiapuram, Tamilnadu - Ltd.,Dalmiapuram, Tamilnadu 621 651, Pan/Gir No.Aajcs 7366 K Aajcs 7366 K (Appellant) (Appellant .. ( Respondent Respondent) Assessee By : N O N E Revenue By : Dr S.Palanikumar, Cit (Dr Dr) Date Of Hearing : 24 /2/ 2022 2 Date Of Pronouncement : 31/3/20 /2022 O R D E R Per C.M.Garg, Jm , Jm

condone the delay P a g e 1 | 17 Assessment Year : 2014-15 days in filing the appeal before the Tribunal and admit the appeal for hearing. 3. The sole grievance of the revenue in this appeal is that the ld CIT(A) erred in directing the AO to compute the disallowance under Rule 8D(2)(iii) after excluding investment

UNIPRES INDIA PVT. LTD.,KANCHEEPURAM vs. ITO, CORPORATE WARD - 3 (2),, CHENNAI

Bench: Shri N.R.S. Ganesan & Shri Ramit Kochar"नधा'रण वष' /Assessment Year: 2014-15

14A is attracted only while computing the total income under the normal provisions of the Act and not for the purpose of section 115JB of the Act. 4. The Appellant craves leave to add, alter, amend, substitute, modify and/or withdraw in any manner whatsoever all or any of the foregoing grounds of appeal at or before the hearing

ASSISTANT COMMISSIONER OF INCOME TAX, CORPORATE CIRCLE 1(1), CHENNAI vs. AMBATTUR CLOTHING PRIVATE LIMITED, TIRUVALLUR

In the result, the appeal filed by Revenue is dismissed

Bench: Shri S.S. Viswanethra Ravi & Shri S.R. Raghunathaआयकर अपील सं./I.T.A. No.1663/Chny/2025 िनधा"रण वष"/Assessment Year: 2011-12 The Assistant Commissioner Of Vs. Ambattur Clothing Private Limited, Income Tax, 86/E2, Industrial Estate, Corporate Circle 1(1), Ambattur Industrial Estate S.O., Chennai. Ambattur, Thiruvallur 600 058. [Pan:Aaaca4127D] (अपीलाथ"/Appellant) (""थ"/Respondent) अपीलाथ" की ओर से / Appellant By : Shri N. Rajakumar, Addl. Cit ""थ" की ओर से/Respondent By : Shri Vinay Jain, Ca सुनवाई की तारीख/ Date Of Hearing : 26.08.2025 घोषणा की तारीख /Date Of Pronouncement : 29.08.2025 आदेश /O R D E R Per S.S. Viswanethra Ravi: This Appeal Filed By The Revenue Is Directed Against The Order Dated 31.12.2024 Passed By The Ld. Commissioner Of Income Tax (Appeals)-16, Chennai For The Assessment Year 2011-12. 2. We Find That This Appeal Is Filed With A Delay Of 67 Days. The Appellant-Revenue Filed An Affidavit For Condonation Of Delay Stating The Reasons. Upon Hearing Both The Parties & On Examination Of The Said Affidavit, We Find The Reasons Stated By The Revenue Are Bonafide, Which 2

delay is condoned and admitted the appeal for adjudication. 3. The Appellant-Revenue raised 3 grounds of which, the only issue emanates for our consideration as to whether the ld. CIT(A) is justified in deleting the disallowance made under section 14A

DCIT CORPORATE CIRCLE 1(1), CHENNAI vs. AGILE ELECTRIC SUB ASSEMBLY PVT LTD., CHENNAI

In the result, appeal filed by Revenue is dismissed

Bench: Shri V. Durga Rao & Shri G. Manjunatha

section 14A read with Rule 8d are applicable even in a situation, when the assessee does not earn any exempt income but exempt income bearing investments are held by the assessee, and the Board’s circular is binding. 3.1 The learned CIT(A) erred in deleting disallowance of depreciation claimed of Rs.1.61 crores though it was not established that plant

M/S. LUCAS INDIA SERVICE LTD.,CHENNAI vs. ACIT, CHENNAI

In the result, the appeal of the assessee for the assessment year s 2005-06 is allowed, 2007-08 is partly allowed and 2008-09 &

Bench: Shri A.Mohan Alankamony & Shri G. Pavan Kumarआयकर अपील सं./Ita Nos.2684 To 2687/Mds/2016 िनधा"रण वष" / Assessment Years : 2005-06, 2007-08, 2008-09 & 2010-11 M/S. Lucas India Service Limited, V. The Asstt. Commissioner Of No.11, Pattullos Road, Income Tax, Chennai – 600 002. Company Circle – Ii(4), Chennai – 34. Pan: Aaacl1018J (अपीलाथ"/Appellant) (""यथ"/Respondent) अपीलाथ" क" ओर से/Appellant By : Shri Sp Chidambaram, Advocate ""यथ" क" ओर से/Respondent By : Shri Shiva Srinivas, Jcit सुनवाई क" तारीख/Date Of Hearing : 08.03.2017 घोषणा क" तारीख/Date Of Pronouncement : 23.03.2017

condone the delay in filing the appeal for 74 days and proceed to hear the appeal on merits. 3. The assessee has raised several grounds in its appeals; however the concise grounds for all the relevant assessment years are briefly stated herein below for adjudication: i. The Ld. CIT(A) has erred in upholding the order

M/S. LUCAS INDIA SERVICE LTD.,CHENNAI vs. ACIT, CHENNAI

In the result, the appeal of the assessee for the assessment year s 2005-06 is allowed, 2007-08 is partly allowed and 2008-09 &

Bench: Shri A.Mohan Alankamony & Shri G. Pavan Kumarआयकर अपील सं./Ita Nos.2684 To 2687/Mds/2016 िनधा"रण वष" / Assessment Years : 2005-06, 2007-08, 2008-09 & 2010-11 M/S. Lucas India Service Limited, V. The Asstt. Commissioner Of No.11, Pattullos Road, Income Tax, Chennai – 600 002. Company Circle – Ii(4), Chennai – 34. Pan: Aaacl1018J (अपीलाथ"/Appellant) (""यथ"/Respondent) अपीलाथ" क" ओर से/Appellant By : Shri Sp Chidambaram, Advocate ""यथ" क" ओर से/Respondent By : Shri Shiva Srinivas, Jcit सुनवाई क" तारीख/Date Of Hearing : 08.03.2017 घोषणा क" तारीख/Date Of Pronouncement : 23.03.2017

condone the delay in filing the appeal for 74 days and proceed to hear the appeal on merits. 3. The assessee has raised several grounds in its appeals; however the concise grounds for all the relevant assessment years are briefly stated herein below for adjudication: i. The Ld. CIT(A) has erred in upholding the order

M/S. LUCAS INDIA SERVICE LTD.,CHENNAI vs. ACIT, CHENNAI

In the result, the appeal of the assessee for the assessment year s 2005-06 is allowed, 2007-08 is partly allowed and 2008-09 &

Bench: Shri A.Mohan Alankamony & Shri G. Pavan Kumarआयकर अपील सं./Ita Nos.2684 To 2687/Mds/2016 िनधा"रण वष" / Assessment Years : 2005-06, 2007-08, 2008-09 & 2010-11 M/S. Lucas India Service Limited, V. The Asstt. Commissioner Of No.11, Pattullos Road, Income Tax, Chennai – 600 002. Company Circle – Ii(4), Chennai – 34. Pan: Aaacl1018J (अपीलाथ"/Appellant) (""यथ"/Respondent) अपीलाथ" क" ओर से/Appellant By : Shri Sp Chidambaram, Advocate ""यथ" क" ओर से/Respondent By : Shri Shiva Srinivas, Jcit सुनवाई क" तारीख/Date Of Hearing : 08.03.2017 घोषणा क" तारीख/Date Of Pronouncement : 23.03.2017

condone the delay in filing the appeal for 74 days and proceed to hear the appeal on merits. 3. The assessee has raised several grounds in its appeals; however the concise grounds for all the relevant assessment years are briefly stated herein below for adjudication: i. The Ld. CIT(A) has erred in upholding the order

M/S. LUCAS INDIA SERVICE LTD.,CHENNAI vs. ACIT, CHENNAI

In the result, the appeal of the assessee for the assessment year s 2005-06 is allowed, 2007-08 is partly allowed and 2008-09 &

Bench: Shri A.Mohan Alankamony & Shri G. Pavan Kumarआयकर अपील सं./Ita Nos.2684 To 2687/Mds/2016 िनधा"रण वष" / Assessment Years : 2005-06, 2007-08, 2008-09 & 2010-11 M/S. Lucas India Service Limited, V. The Asstt. Commissioner Of No.11, Pattullos Road, Income Tax, Chennai – 600 002. Company Circle – Ii(4), Chennai – 34. Pan: Aaacl1018J (अपीलाथ"/Appellant) (""यथ"/Respondent) अपीलाथ" क" ओर से/Appellant By : Shri Sp Chidambaram, Advocate ""यथ" क" ओर से/Respondent By : Shri Shiva Srinivas, Jcit सुनवाई क" तारीख/Date Of Hearing : 08.03.2017 घोषणा क" तारीख/Date Of Pronouncement : 23.03.2017

condone the delay in filing the appeal for 74 days and proceed to hear the appeal on merits. 3. The assessee has raised several grounds in its appeals; however the concise grounds for all the relevant assessment years are briefly stated herein below for adjudication: i. The Ld. CIT(A) has erred in upholding the order

ASHOK LEYLAND LIMITED,CHENNAI vs. DCIT NON CORP CIRCLE 8(1) LTU - II, CHENNAI

Bench: Shri Aby T. Varkey & Shri Amitabh Shuklaआयकर अपील सं./Ita No.1402/Chny/2024 निर्धारण वर्ष/Assessment Year: 2019-20 M/S. Ashok Leyland Ltd., No.1, Sardar Patel Road, Guindy, Chennai-600 032. [Pan: Aaaса 4651 L] (अपीलार्थी/Appellant) V. The Dcit, Ncc-8(1), Ltu-Ii, Chennai. (प्रत्यर्थी/Respondent) आयकर अपील सं./Ita No.1663/Chny/2024 निर्धारण वर्ष/Assessment Year: 2019-20 The Dcit, Ncc-8, Chennai. (अपीलार्थी/Appellant) V. M/S. Ashok Leyland Ltd., No.1, Sardar Patel Road, Guindy, Chennai-600 032. [Pan: Aaaса 4651 L] (प्रत्यर्थी/Respondent) Assessee By : Mr.R. Vijayaraghavan, Advocate Department By : Ms.Ann Marry Baby, Cit सुनवाईकीतारीख/Date Of Hearing : 04.06.2025 घोषणाकीतारीख /Date Of Pronouncement : 07.07.2025 आदेश / Order Per Aby T. Varkey, Jm: These Are Cross-Appeals Preferred By The Assessee As Well As The Revenue Against The Order Of The Learned Commissioner Of Income Tax

delay of '16' days in filing of the appeal stands condoned and the appeal filed by the Revenue as well as that of assessee-company are taken up for hearing on merits. Since the issues involved in these cross appeals were inter related, both these appeals were heard together and are accordingly being disposed off by this common order

DEPUTY COMMISSIONER OF INCOME TAX, CHENNAI vs. ASHOK LEYLAND LIMITED, CHENNAI

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

Bench: Shri Aby T. Varkey & Shri Amitabh Shukla

delay of ‘16’ days in filing of the appeal stands condoned and the appeal filed by the Revenue as well as that of assessee-company are taken up for hearing on merits. Since the issues involved in these cross appeals were inter related, both these appeals were heard together and are accordingly being disposed off by this common order

ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-3(1), CHENNAI vs. M/S. BGR ENERGY SYSTEMS, CHENNAI

In the result, both the appeals filed by the Revenue are dismissed

Bench: Shri V. Durga Rao & Shri Manoj Kumar Aggarwalआयकर अपील सं./I.T.A. Nos.28 & 29/Chny/2021 िनधा"रण वष"/Assessment Years: 2014-15 & 2016-17 The Assistant Commissioner Of Vs. M/S. Bgr Energy Systems Limited, Income Tax, Corporate Office, Guna Complex, Central Circle 3(1), 433, Anna Salai, Teynampet, Chennai. Chennai 600 018. [Pan:Aabcg2202J] (अपीलाथ" /Appellant) (""थ"/Respondent) अपीलाथ" की ओर से / Appellant By Shri G. Johanson, Addl. Cit : ""थ" की ओर से/Respondent By Mrs. Sandhyaarti, T., Fca : सुनवाई की तारीख/ Date Of Hearing 13.09.2022 : घोषणा की तारीख /Date Of Pronouncement : 21.09.2022 आदेश /O R D E R Per V. Durga Rao: Both The Appeals Filed By The Revenue Are Directed Against Different Orders Of The Ld. Commissioner Of Income Tax (Appeals) 18, Chennai, Both Dated 14.09.2020 Relevant To The Assessment Years 2014-15 & 2016-17. 2. Both The Appeals Filed By The Assessee Are Delayed By 55 Days In Filing The Appeal Before The Tribunal Due To Outbreak Of Covid-19

delay in filing the appeals are condoned and admitted the appeals for adjudication. 3. The only effective ground raised in both the appeals relates to deletion of addition towards disallowance made under section 14A

ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-3(1), CHENNAI vs. M/S. BGR ENERGY SYSTEMS, CHENNAI

In the result, both the appeals filed by the Revenue are dismissed

Bench: Shri V. Durga Rao & Shri Manoj Kumar Aggarwalआयकर अपील सं./I.T.A. Nos.28 & 29/Chny/2021 िनधा"रण वष"/Assessment Years: 2014-15 & 2016-17 The Assistant Commissioner Of Vs. M/S. Bgr Energy Systems Limited, Income Tax, Corporate Office, Guna Complex, Central Circle 3(1), 433, Anna Salai, Teynampet, Chennai. Chennai 600 018. [Pan:Aabcg2202J] (अपीलाथ" /Appellant) (""थ"/Respondent) अपीलाथ" की ओर से / Appellant By Shri G. Johanson, Addl. Cit : ""थ" की ओर से/Respondent By Mrs. Sandhyaarti, T., Fca : सुनवाई की तारीख/ Date Of Hearing 13.09.2022 : घोषणा की तारीख /Date Of Pronouncement : 21.09.2022 आदेश /O R D E R Per V. Durga Rao: Both The Appeals Filed By The Revenue Are Directed Against Different Orders Of The Ld. Commissioner Of Income Tax (Appeals) 18, Chennai, Both Dated 14.09.2020 Relevant To The Assessment Years 2014-15 & 2016-17. 2. Both The Appeals Filed By The Assessee Are Delayed By 55 Days In Filing The Appeal Before The Tribunal Due To Outbreak Of Covid-19

delay in filing the appeals are condoned and admitted the appeals for adjudication. 3. The only effective ground raised in both the appeals relates to deletion of addition towards disallowance made under section 14A