ACIT CORPORATE CIRCLE-6(2), CHENNAI vs. M/S SUN EDISON SOLAR POWER INDIA PVT LTD, CHENNAI

In the result, the appeals filed by the assessee for the assessment years 2013-14, 2014-15 and 2015-16 are allowed and the appeal filed by the Revenue for the assessment year 2015-16 is dismissed

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

delay in filing of both the appeals stands condoned and the appeals are admitted for adjudication. 3. The first issue that came up for consideration from the appeals filed by the assessee and Revenue for all the three assessment years is relating to depreciation on goodwill under section 32(1) of the Income Tax Act, 1961 [“Act” in short

M/S SUN EDISON SOLAR POWER INDIA PVT LTD,CHENNAI vs. ITO, CORPORATE WARD - 6 (3),, CHENNAI

In the result, the appeals filed by the assessee for the assessment years 2013-14, 2014-15 and 2015-16 are allowed and the appeal filed by the Revenue for the assessment year 2015-16 is dismissed

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

delay in filing of both the appeals stands condoned and the appeals are admitted for adjudication. 3. The first issue that came up for consideration from the appeals filed by the assessee and Revenue for all the three assessment years is relating to depreciation on goodwill under section 32(1) of the Income Tax Act, 1961 [“Act” in short

M/S SUN EDISON SOLAR POWER INDIA PVT LTD,CHENNAI vs. DCIT CORPORATE CIRCLE 6 (2), CHENNAI

In the result, the appeals filed by the assessee for the assessment years 2013-14, 2014-15 and 2015-16 are allowed and the appeal filed by the Revenue for the assessment year 2015-16 is dismissed

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

delay in filing of both the appeals stands condoned and the appeals are admitted for adjudication. 3. The first issue that came up for consideration from the appeals filed by the assessee and Revenue for all the three assessment years is relating to depreciation on goodwill under section 32(1) of the Income Tax Act, 1961 [“Act” in short

M/S. SUN EDITION SOLAR POWER INDIA PVT. LTD.,,CHENNAI vs. DCIT, CORPORATE CIRCLE - 6 (2),, CHENNAI

In the result, the appeals filed by the assessee for the assessment years 2013-14, 2014-15 and 2015-16 are allowed and the appeal filed by the Revenue for the assessment year 2015-16 is dismissed

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

delay in filing of both the appeals stands condoned and the appeals are admitted for adjudication. 3. The first issue that came up for consideration from the appeals filed by the assessee and Revenue for all the three assessment years is relating to depreciation on goodwill under section 32(1) of the Income Tax Act, 1961 [“Act” in short

M/S. TRIVITRON HEALTHCARE PVT. LTD.,CHENNAI vs. PCIT, , CHENNAI-3

In the result, the appeal filed by the assessee is partly\nallowed

condone delay in filing of appeal\nand admit appeal filed by the assessee for adjudication.\n3.\nThe only issue in the appeal of assessee is as against the\nrevision order passed by the PCIT u/s.263 of the Act that he failed\nto satisfy the twin conditions i.e., for order passes by the AO\nu/s.143(3) of the Act, is erroneous

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

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

In the result, appeal filed by the Revenue is dismissed

Bench: Shri Aby T. Varkey & Shri S.R.Raghunathaआयकर अपील सं./Ita No.362/Chny/2024 िनधा"रण वष"/Assessment Year: 2011-12 V. M/S. Ashok Leyland Ltd., The Dcit, No.1, Sardar Patel Road, Non Corporate Circle-8(1), Guindy, Chennai-600 032. Ltu-Ii, Chennai. [Pan: Aaaca 4651 L] (अपीलाथ"/Appellant) (""यथ"/Respondent)

delay of ‘10’ days in filing of the appeal stands condoned and the appeal filed by the Revenue is taken up for hearing on merits. First of all, we will take up ITA No.362/Chny/2024 preferred by the assessee. 3. Ground No.1 is general in nature, so dismissed. 4. Ground No.2 is regarding disallowance of claim of weighted deduction

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

In the result, appeal filed by the Revenue is dismissed

Bench: Shri Aby T. Varkey & Shri S.R.Raghunathaआयकर अपील सं./Ita No.362/Chny/2024 िनधा"रण वष"/Assessment Year: 2011-12 V. M/S. Ashok Leyland Ltd., The Dcit, No.1, Sardar Patel Road, Non Corporate Circle-8(1), Guindy, Chennai-600 032. Ltu-Ii, Chennai. [Pan: Aaaca 4651 L] (अपीलाथ"/Appellant) (""यथ"/Respondent)

delay of ‘10’ days in filing of the appeal stands condoned and the appeal filed by the Revenue is taken up for hearing on merits. First of all, we will take up ITA No.362/Chny/2024 preferred by the assessee. 3. Ground No.1 is general in nature, so dismissed. 4. Ground No.2 is regarding disallowance of claim of weighted deduction

ASSISTANT COMMISSIONER OF INCOME-TAX, MADURAI vs. RAMASUBBU MINNALKODI, TIRUNELVELI

In the result, the appeal of the Revenue is dismissed

condoned and the appeal is admitted for adjudication on merits.\n3. The brief facts of the case are that the assessee, an individual, is the\nproprietrix of the concern M/s.Maries Blue Metals, which is engaged in the\nbusiness of quarrying and crushing of blue metals. A survey action u/s.133A of\nthe Act was conducted at the business premises

MRS. SISILY JOSE,CHENNAI vs. ITO, NCW-19(4), CHENNAI

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

Bench: Shri S.S. Viswanethra Ravi & Shri S. R. Raghunathaआयकर अपील सं./Ita No.:1637/Chny/2025 िनधा$रण वष$ / Assessment Year: 2020-21

condone delay in filing of appeal and admit the appeal filed by the assessee for adjudication. 3. The assessee raised the following grounds of appeal: 1. The order of the Commissioner of Income Tax (Appeals) (CIT (A)), as they pertain to the issues contested in this appeal, is opposed to law and facts and circumstances of the care