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

depreciation was denied by the AO in AYs 2017-18 and 2018-19\nalso. Against the above adjustments made by the AO, the assessee filed the\ncaptioned appeals before us.\n\n6.\nAgainst the above adjustments made by the AO, the assessee filed the\ncaptioned appeals before us.\n\n7.\nThe assessee made detailed submissions against the above\nadjustments during

INTERNATIONAL SEAPORT DREDGING PRIVATE LIMITED,CHENNAI vs. PCIT - 1, CHENNAI

In the result, the appeal of the assessee is allowed

Bench: HON’BLE SHRI MANOJ KUMAR AGGARWAL, AM AND HON’BLE SHRI MANU KUMAR GIRI (Judicial Member)

249 ITR 795 (SC), wherein it was held as under:- "The High Court has answered the question saying that when section 79 speaks of loss, it does not include unabsorbed depreciation or unabsorbed development rebate. We agree with the High Court." In view of the above decision of Hon’ble Supreme Court in the case of Shri Subhulaxmi Mills

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

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

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

Bench: Shri Aby T Varkey, Hon’Ble & Shri S. R. Raghunatha, Hon’Bleआयकर अपील सं./Ita Nos.1193, 1194, 1205, 1206 & 1207/Chny/2024 ("नधा"रण वष" / Assessment Years: 2010-11, 2011-12, 2012-13, 2013-14 & 2014-15) Vs Cognizant Technology Solutions The Asst. Commissioner India Pvt. Ltd., Of Income Tax, No.5/535, Okkiam Thoraipakkam, Central Circle 1(1), Old Mahabalipuram Road, Chennai. Chennai – 600 096. Pan : Aaacd 3312M (अपीलाथ"/Appellant) (""यथ"/Respondent) & आयकर अपील सं./Ita Nos.1262, 1263, 1264, 1265 & 1266/Chny/2024 ("नधा"रण वष" / Assessment Years: 2010-11, 2011-12, 2012-13, 2013-14 & 2014-15) Vs The Asst. Commissioner Of Cognizant Technology Income Tax, Solutions India Pvt. Ltd., Central Circle 1(1), No.5/535, Okkiam Chennai. Thoraipakkam, Old Mahabalipuram Road, Chennai – 600 096. Pan : Aaacd 3312M (अपीलाथ"/Appellant) (""यथ"/Respondent)

249 (Del. ITAT) - 19 - ITA Nos.1193, 1194, 1205 to 1207, 1262 to 1266/CHNY/2024 o Ernst & Young Private Limited In Re. 323 ITR 184 (AAR) o Sundaram Asset Management Company Ltd Vs DCIT, LTU [2019] 111 taxmann.com 11 (Chennai ITAT) reference in this regard is made to Page No. 396 (Para No. 9) of the case law paper book. - Routine repair

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

Bench: Shri Aby T Varkey, Hon’Ble & Shri S. R. Raghunatha, Hon’Bleआयकर अपील सं./Ita Nos.1193, 1194, 1205, 1206 & 1207/Chny/2024 ("नधा"रण वष" / Assessment Years: 2010-11, 2011-12, 2012-13, 2013-14 & 2014-15) Vs Cognizant Technology Solutions The Asst. Commissioner India Pvt. Ltd., Of Income Tax, No.5/535, Okkiam Thoraipakkam, Central Circle 1(1), Old Mahabalipuram Road, Chennai. Chennai – 600 096. Pan : Aaacd 3312M (अपीलाथ"/Appellant) (""यथ"/Respondent) & आयकर अपील सं./Ita Nos.1262, 1263, 1264, 1265 & 1266/Chny/2024 ("नधा"रण वष" / Assessment Years: 2010-11, 2011-12, 2012-13, 2013-14 & 2014-15) Vs The Asst. Commissioner Of Cognizant Technology Income Tax, Solutions India Pvt. Ltd., Central Circle 1(1), No.5/535, Okkiam Chennai. Thoraipakkam, Old Mahabalipuram Road, Chennai – 600 096. Pan : Aaacd 3312M (अपीलाथ"/Appellant) (""यथ"/Respondent)

249 (Del. ITAT) - 19 - ITA Nos.1193, 1194, 1205 to 1207, 1262 to 1266/CHNY/2024 o Ernst & Young Private Limited In Re. 323 ITR 184 (AAR) o Sundaram Asset Management Company Ltd Vs DCIT, LTU [2019] 111 taxmann.com 11 (Chennai ITAT) reference in this regard is made to Page No. 396 (Para No. 9) of the case law paper book. - Routine repair

DCIT, CHENNAI vs. COMSTAR AUTOMOTIVE TECHNOLOGIES P LTD., CHENGALPUT

Bench: Shri George Mathan & Shri S. Jayaramanआयकर अपील सं/.I.T.A. Nos. 827, 828, 829 & 830/Chny/2017 "नधा"रण वष"/Assessment Years : 2005-06, 2005-06, 2007-08 & 2008-09

depreciation of non- EOU unit, which was decided by the Ld. CIT (A) in favour of the assessee for assessment year 2005-06. 38. We have heard both the parties and perused the material on record. In our opinion, this issue is squarely covered by the judgement of Supreme Court in the case of eIT v. Yokogawa India

COMSTAR AUTOMOTIVE TECHNOLOGIES (P) LTD.,CHENNAI vs. DCIT, CHENNAI

Bench: Shri George Mathan & Shri S. Jayaramanआयकर अपील सं/.I.T.A. Nos. 827, 828, 829 & 830/Chny/2017 "नधा"रण वष"/Assessment Years : 2005-06, 2005-06, 2007-08 & 2008-09

depreciation of non- EOU unit, which was decided by the Ld. CIT (A) in favour of the assessee for assessment year 2005-06. 38. We have heard both the parties and perused the material on record. In our opinion, this issue is squarely covered by the judgement of Supreme Court in the case of eIT v. Yokogawa India

COMSTAR AUTOMOTIVE TECHNOLOGIES (P) LTD.,CHENNAI vs. DCIT, CHENNAI

Bench: Shri George Mathan & Shri S. Jayaramanआयकर अपील सं/.I.T.A. Nos. 827, 828, 829 & 830/Chny/2017 "नधा"रण वष"/Assessment Years : 2005-06, 2005-06, 2007-08 & 2008-09

depreciation of non- EOU unit, which was decided by the Ld. CIT (A) in favour of the assessee for assessment year 2005-06. 38. We have heard both the parties and perused the material on record. In our opinion, this issue is squarely covered by the judgement of Supreme Court in the case of eIT v. Yokogawa India

COMSTAR AUTOMOTIVE TECHNOLOGIES (P) LTD.,CHENNAI vs. DCIT, CHENNAI

Bench: Shri George Mathan & Shri S. Jayaramanआयकर अपील सं/.I.T.A. Nos. 827, 828, 829 & 830/Chny/2017 "नधा"रण वष"/Assessment Years : 2005-06, 2005-06, 2007-08 & 2008-09

depreciation of non- EOU unit, which was decided by the Ld. CIT (A) in favour of the assessee for assessment year 2005-06. 38. We have heard both the parties and perused the material on record. In our opinion, this issue is squarely covered by the judgement of Supreme Court in the case of eIT v. Yokogawa India

DCIT, CHENNAI vs. COMSTAR AUTOMOTIVE TECHNOLOGIES P LTD., CHENGALPUT

Bench: Shri George Mathan & Shri S. Jayaramanआयकर अपील सं/.I.T.A. Nos. 827, 828, 829 & 830/Chny/2017 "नधा"रण वष"/Assessment Years : 2005-06, 2005-06, 2007-08 & 2008-09

depreciation of non- EOU unit, which was decided by the Ld. CIT (A) in favour of the assessee for assessment year 2005-06. 38. We have heard both the parties and perused the material on record. In our opinion, this issue is squarely covered by the judgement of Supreme Court in the case of eIT v. Yokogawa India

COMSTAR AUTOMOTIVE TECHNOLOGIES (P) LTD.,CHENNAI vs. DCIT, CHENNAI

Bench: Shri George Mathan & Shri S. Jayaramanआयकर अपील सं/.I.T.A. Nos. 827, 828, 829 & 830/Chny/2017 "नधा"रण वष"/Assessment Years : 2005-06, 2005-06, 2007-08 & 2008-09

depreciation of non- EOU unit, which was decided by the Ld. CIT (A) in favour of the assessee for assessment year 2005-06. 38. We have heard both the parties and perused the material on record. In our opinion, this issue is squarely covered by the judgement of Supreme Court in the case of eIT v. Yokogawa India

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

M/S J SIKILE FOUNDATION,CHENNAI vs. DCIT, EXEMPTION-III, CHENNAI

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

Bench: Shri Aby T. Varkey & Shri Jagadishआयकर अपील सं./Ita No.83/Chny/2022 िनधा"रणवष"/Assessment Year: 2011-12 V. M/S.J Sikile Foundation, The Dcit, Plot No.1025, Street No.44, Exemption-Iii, Tvs Colony, Anna Nagar West Extn., Chennai. Chennai-600 101. [Pan: Aaats 1630 C] (अपीलाथ"/Appellant) (""यथ"/Respondent)

Depreciation relating 2,89,419 to assets acquired during the year Assessed income 1,77,32,382 Tax thereon @30% 53,19,715 Education Cess 1,59,591 Total tax 54,79,306 Add: Interest u/s. 234B 19,61,352 Add: Interest u/s 234D 3,380 Add: 244A interest already 2,652 19,67,384 issued Tax payable