FRESH & HONEST CAFE LTD.,CHENNAI vs. DCIT, CHENNAI

In the result, all the appeals of the Revenue are partly allowed

Bench: Shri N.R.S. Ganesan & Shri A. Mohan Alankamonyआयकर अपील सं./Ita No.1499 & 1500/Mds/2014 "नधा"रण वष" / Assessment Years :2009-10 & 2010-11 & आयकर अपील सं./Ita No.1485/Mds/2015 "नधा"रण वष" / Assessment Year : 2011-12 M/S Fresh & Honest Café Ltd., The Deputy Commissioner Of C/O Shri S. Sridhar, Advocate, V. Income Tax, New No.14, Old No.82, Flat No.5, Company Circle Ii(1), 1St Avenue, Indira Nagar, Adyar, Chennai - 600 020. Chennai - 600 020. Pan : Aaacf 1516 H (अपीलाथ"/Appellant) (""यथ"/Respondent)

50% of depreciation, namely, 10% of additional depreciation during the year under consideration.” 5. In view of the above, this Tribunal is of the considered opinion that the assessee is eligible for remaining 10% additional depreciation under Section

FRESH & HONEST CAFE LTD.,CHENNAI vs. DCIT, CHENNAI

In the result, all the appeals of the Revenue are partly allowed

Bench: Shri N.R.S. Ganesan & Shri A. Mohan Alankamonyआयकर अपील सं./Ita No.1499 & 1500/Mds/2014 "नधा"रण वष" / Assessment Years :2009-10 & 2010-11 & आयकर अपील सं./Ita No.1485/Mds/2015 "नधा"रण वष" / Assessment Year : 2011-12 M/S Fresh & Honest Café Ltd., The Deputy Commissioner Of C/O Shri S. Sridhar, Advocate, V. Income Tax, New No.14, Old No.82, Flat No.5, Company Circle Ii(1), 1St Avenue, Indira Nagar, Adyar, Chennai - 600 020. Chennai - 600 020. Pan : Aaacf 1516 H (अपीलाथ"/Appellant) (""यथ"/Respondent)

50% of depreciation, namely, 10% of additional depreciation during the year under consideration.” 5. In view of the above, this Tribunal is of the considered opinion that the assessee is eligible for remaining 10% additional depreciation under Section

FRESH & HONEST CAFE LTD.,CHENNAI vs. DCIT, CHENNAI

In the result, all the appeals of the Revenue are partly allowed

Bench: Shri N.R.S. Ganesan & Shri A. Mohan Alankamonyआयकर अपील सं./Ita No.1499 & 1500/Mds/2014 "नधा"रण वष" / Assessment Years :2009-10 & 2010-11 & आयकर अपील सं./Ita No.1485/Mds/2015 "नधा"रण वष" / Assessment Year : 2011-12 M/S Fresh & Honest Café Ltd., The Deputy Commissioner Of C/O Shri S. Sridhar, Advocate, V. Income Tax, New No.14, Old No.82, Flat No.5, Company Circle Ii(1), 1St Avenue, Indira Nagar, Adyar, Chennai - 600 020. Chennai - 600 020. Pan : Aaacf 1516 H (अपीलाथ"/Appellant) (""यथ"/Respondent)

50% of depreciation, namely, 10% of additional depreciation during the year under consideration.” 5. In view of the above, this Tribunal is of the considered opinion that the assessee is eligible for remaining 10% additional depreciation under Section

SUNDARAM CLAYTON LIMITED,CHENNAI vs. DCIT CORPORATE CIRCLE 6(2), CHENNAI

In the result, appeals filed by Revenue and the assessee

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

50% of additional depreciation claimed on assets acquired and put to use for less than 180 days during the preceding previous years. The facts with regard to impugned dispute are that the assessee has acquired and put to use certain new plant and machinery, which are eligible for additional depreciation of 20%, as per clause (iia) of section

DCIT CORPORATE CIRCLE 6(2), CHENNAI vs. SUNDARAM CLAYTON LTD., CHENNAI

In the result, appeals filed by Revenue and the assessee

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

50% of additional depreciation claimed on assets acquired and put to use for less than 180 days during the preceding previous years. The facts with regard to impugned dispute are that the assessee has acquired and put to use certain new plant and machinery, which are eligible for additional depreciation of 20%, as per clause (iia) of section

SUNDARAM CLAYTON LIMITED,CHENNAI vs. DCIT CORPORATE CIRCLE 6(2), CHENNAI

In the result, appeals filed by Revenue and the assessee

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

50% of additional depreciation claimed on assets acquired and put to use for less than 180 days during the preceding previous years. The facts with regard to impugned dispute are that the assessee has acquired and put to use certain new plant and machinery, which are eligible for additional depreciation of 20%, as per clause (iia) of section

DCIT CORPORATE CIRCLE 6(2), CHENNAI vs. SUNDARAM CLAYTON LTD., CHENNAI

In the result, appeals filed by Revenue and the assessee

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

50% of additional depreciation claimed on assets acquired and put to use for less than 180 days during the preceding previous years. The facts with regard to impugned dispute are that the assessee has acquired and put to use certain new plant and machinery, which are eligible for additional depreciation of 20%, as per clause (iia) of section

CHOLAMANDALAM MS GENERAL INSURANCE COMPANY LIMITED,CHENNAI vs. DCIT, NON CORP CIRCLE 8, CHENNAI

depreciation claimed by the assessee on UPS @60%. Therefore, we confirm the order of the Ld.CIT(A) and dismiss the grounds of appeal of the Revenue. 6. Ground No.4 / Issue 3: Disallowance under section 14A of the Act Assessment Year Appeal by Ground No. AY 2011-12 Assessee (ITA No.1282/2024) Ground no. 1 to 5 AY 2012-13 Department

DEPUTY COMMISSIONER OF INCOME TAX , CHENNAI vs. CHOLAMANDALAM MS GENERAL INSURANCE COMPANY LIMITED, CHENNAI

In the result, Revenue Appeal for AY 2012-13 stands dismissed

Bench: Shri Aby T. Varkey & Shri Manoj Kumar Aggarwal

depreciation claimed by the assessee on UPS @60%. Therefore, we confirm the order of the Ld.CIT(A) and dismiss the grounds of appeal of the Revenue. 6. Ground No.4 / Issue 3: Disallowance under section 14A of the Act Assessment Year Appeal by Ground No. AY 2011-12 Assessee (ITA No.1282/2024) Ground no. 1 to 5 AY 2012-13 Department

DEPUTY COMMISSIONER OF INCOME TAX, NUNGAMBAKKAM CHENNAI vs. CHOLAMANDALAM MS GENERAL INSURANCE COMPANY LIMITED, CHENNAI

In the result, Revenue Appeal for AY 2012-13 stands dismissed

Bench: Shri Aby T. Varkey & Shri Manoj Kumar Aggarwal

depreciation claimed by the assessee on UPS @60%. Therefore, we confirm the order of the Ld.CIT(A) and dismiss the grounds of appeal of the Revenue. 6. Ground No.4 / Issue 3: Disallowance under section 14A of the Act Assessment Year Appeal by Ground No. AY 2011-12 Assessee (ITA No.1282/2024) Ground no. 1 to 5 AY 2012-13 Department

CHOLAMANDALAM MS GENERAL INSURANCE COMPANY LIMITED,CHENNAI vs. DCIT, NON CORP WARD 8, CHENNAI

In the result, Revenue Appeal for AY 2012-13 stands dismissed

Bench: Shri Aby T. Varkey & Shri Manoj Kumar Aggarwal

depreciation claimed by the assessee on UPS @60%. Therefore, we confirm the order of the Ld.CIT(A) and dismiss the grounds of appeal of the Revenue. 6. Ground No.4 / Issue 3: Disallowance under section 14A of the Act Assessment Year Appeal by Ground No. AY 2011-12 Assessee (ITA No.1282/2024) Ground no. 1 to 5 AY 2012-13 Department

CHOLAMANDALAM MS GENERAL INSURANCE COMPANY LIMITED,CHENNAI vs. DCIT, NON CORP CIRCLE 8, CHENNAI

In the result, Revenue Appeal for AY 2012-13 stands dismissed

Bench: Shri Aby T. Varkey & Shri Manoj Kumar Aggarwal

depreciation claimed by the assessee on UPS @60%. Therefore, we confirm the order of the Ld.CIT(A) and dismiss the grounds of appeal of the Revenue. 6. Ground No.4 / Issue 3: Disallowance under section 14A of the Act Assessment Year Appeal by Ground No. AY 2011-12 Assessee (ITA No.1282/2024) Ground no. 1 to 5 AY 2012-13 Department

DEPUTY COMMISSIONER OF INCOME TAX OFFICER , CHENNAI vs. CHOLAMANDALAM MS GENERAL INSURANCE COMPANY LIMITED, CHENNAI

In the result, Revenue Appeal for AY 2012-13 stands dismissed

Bench: Shri Aby T. Varkey & Shri Manoj Kumar Aggarwal

depreciation claimed by the assessee on UPS @60%. Therefore, we confirm the order of the Ld.CIT(A) and dismiss the grounds of appeal of the Revenue. 6. Ground No.4 / Issue 3: Disallowance under section 14A of the Act Assessment Year Appeal by Ground No. AY 2011-12 Assessee (ITA No.1282/2024) Ground no. 1 to 5 AY 2012-13 Department

DEPUTY COMMISSINOER OF INCOME TAX,, CHENNAI vs. CHOLAMANDALAM MS GENERAL INSURANCE COMPANY LIMITED, CHENNAI

Bench: Shri Aby T. Varkey & Shri Manoj Kumar Aggarwalआयकर अपील सं./Ita Nos.1282, 1283, 1284 & 1285/Chny/2024 निर्धारण वर्ष/Assessment Years: 2011-12, 2016-17, 2017-18 & 2018-19 M/S. Cholamandalam Ms General Insurance Co. Ltd., Dare House, 2Nd Floor, No.2, N.S.C. Bose Road, Chennai-600 001. V. The Dcit, Non Corporate Circle-8, Chennai. [Pan: Aabcc 6633 K] (अपीलार्थी/Appellant) (प्रत्यर्थी/Respondent) आयकर अपील सं./Ita Nos.470, 1339, 1438, 1462 & 1463/Chny/2024 निर्धारण वर्ष/Assessment Years: 2012-13, 2018-19, 2011-12, 2016-17 & 2017-18 The Dcit, Non Corporate Circle-8, Chennai. (अपीलार्थी/Appellant) M/S. Cholamandalam Ms General Insurance Co. Ltd., Dare House, 2Nd Floor, No.2, N.S.C. Bose Road, Chennai-600 001. [Pan: Aabcc 6633 K] (प्रत्यर्थी/Respondent) Assessee By Mr. Sandeep Bagmar, Advocate; Mr. Balachandar, Fca Department By Mr. Nilay Baran Som, Cit सुनवाईकीतारीख/Date Of Hearing 22.01.2025 घोषणाकीतारीख /Date Of Pronouncement 19.03.2025

depreciation claimed by the assessee on UPS @60%. Therefore, we confirm the order of the Ld.CIT(A) and dismiss the grounds of appeal of the Revenue. 6. Ground No.4 / Issue 3: Disallowance under section 14A of the Act Assessment Year Appeal by Ground No. AY 2011-12 Assessee (ITA No.1282/2024) Ground no. 1 to 5 AY 2012-13 Department

DEPUTY COMMISSIONER OF INCOMETAX , CHENNAI vs. CHOLAMANDALAM MS GENERAL INSURANCE COMPANY LIMITED, CHENNAI

Bench: Shri Aby T. Varkey & Shri Manoj Kumar Aggarwalआयकर अपील सं./Ita Nos.1282, 1283, 1284 & 1285/Chny/2024 निर्धारण वर्ष/Assessment Years: 2011-12, 2016-17, 2017-18 & 2018-19 M/S. Cholamandalam Ms General Insurance Co. Ltd., Dare House, 2Nd Floor, No.2, N.S.C. Bose Road, Chennai-600 001. V. The Dcit, Non Corporate Circle-8, Chennai. [Pan: Aabcc 6633 K] (अपीलार्थी/Appellant) (प्रत्यर्थी/Respondent) आयकर अपील सं./Ita Nos.470, 1339, 1438, 1462 & 1463/Chny/2024 निर्धारण वर्ष/Assessment Years: 2012-13, 2018-19, 2011-12, 2016-17 & 2017-18 The Dcit, Non Corporate Circle-8, Chennai. (अपीलार्थी/Appellant) V. M/S. Cholamandalam Ms General Insurance Co. Ltd., Dare House, 2Nd Floor, No.2, N.S.C. Bose Road, Chennai-600 001. [Pan: Aabcc 6633 K] (प्रत्यर्थी/Respondent) Assessee By Department By : Mr. Sandeep Bagmar, Advocate; Mr. Balachandar, Fca : Mr. Nilay Baran Som, Cit सुनवाईकीतारीख/Date Of Hearing : 22.01.2025 घोषणाकीतारीख /Date Of Pronouncement : 19.03.2025

depreciation claimed by the assessee on UPS @60%. Therefore, we confirm the order of the Ld.CIT(A) and dismiss the grounds of appeal of the Revenue. 6. Ground No.4 / Issue 3: Disallowance under section 14A of the Act Assessment Year Appeal by Ground No. AY 2011-12 Assessee (ITA No.1282/2024) Ground no. 1 to 5 AY 2012-13 Department

DCIT, CHENNAI vs. ADDISON & COMPANY LTD., CHENNAI

In the result, the appeal of the revenue stands dismissed

Bench: Shri N.R.S. Ganesan & Shri A. Mohan Alankamonyआयकर अपील सं./Ita No. 862/Mds/2016 "नधा"रण वष" /Assessment Year : 2011-12

Section 32(1)(iia) provides for additional depreciation at the rate of 20%. The Assessing Officer allowed 10% of additional depreciation in respect of the plant and machinery purchased during the year under consideration. The Assessing Officer found that the additions to fixed assets were made in the second half of the financial year, therefore, 50

TAGROS CHEMICALS INDIA LTD.,CHENNAI vs. ACIT, CHENNAI

In the result, the appeal of the assessee is allowed

Bench: Shri N.R.S. Ganesan & Shri A. Mohan Alankamonyआयकर अपील सं./Ita No.703/Mds/2015 "नधा"रण वष" / Assessment Year : 2005-06 M/S Tagros Chemicals India Ltd., The Assistant Commissioner Of Jhaver Centre, Raja Annamalai V. Income Tax, Building, Corporate Circle – 3(1), 72 (Old No.19), Marshals Road, Chennai - 600 034. Egmore, Chennai - 600 008. Pan : Aaact 2952 K (अपीलाथ"/Appellant) (""यथ"/Respondent)

Section 32(1)(iia) provides for additional depreciation at the rate of 20%. The Assessing Officer allowed 10% of additional depreciation in respect of the plant and machinery purchased during the year under consideration. The Assessing Officer found that the additions to fixed assets were made in the second half of the financial year, therefore, 50

ADP INDIA PRIVATE LIMITED,CHENNAI vs. NATIONAL FACELESS ASSESSMENT CENTRE, DELHI

In the result, the appeal in ITA No

Bench: Shri George George Kand Shri Jagadishआयकर अपीलसं/.Ita Nos.: 2670, 2671, 2672 & 2698/Chny/2024 िनधा"रण वष"/Assessment Years: 2016-17, 2017-18, 2018-19 & 2020-21 Adp India Private Limited, The Deputy Commissioner Of Thamarai Tech Park, 6Th Floor, Vs. Income Tax, Sp Plot No. 16 To 20 & 20A, Thiru Vi Ka Corporate Circle 1(1), Industrial Estate, Inner Ring Road, Chennai. Guindy Industrial Estate So, Guindy, Chennai 600 032. [Pan: Aadcm-5547-J] (अपीलाथ"/Appellant) (""यथ"/Respondent) अपीलाथ" क" ओर से/Appellant By : Shri Sandeep Bagmar, Advocate ""यथ" क" ओर से/Respondent By : Shri V. Justin, Cit & Ms. R. Anita, Addl. Cit सुनवाई क" तारीख/Date Of Hearing : 08.05.2025 घोषणा क" तारीख/Date Of Pronouncement : 21.05.2025 आदेश/ O R D E R Per George George K: These Four Appeals Filed At The Instance Of The Assessee Are Directed Against Four Separate Orders Of The Commissioner Of Income Tax (Appeals), National Faceless Appeal Centre (Nfac), Delhi (All Dated 21.08.2024) Passed Under Section 250 Of The Income Tax Act, 1961 (Hereinafter Called ‘The Act’). The Relevant Assessment Years Are 2016-17, 2017-18, 2018-19 & 2020-21. Ita Nos.2670 To 2672 & 2698/Chny/2024

section 142(1) of the Act dated 19.10.2019 was also issued on the assessee. ITA Nos.2670 to 2672 & 2698/Chny/2024 6. On perusal of the depreciation schedule, the Assessing Officer has noted that the assessee has claimed depreciation of ₹.6,12,70,621/- on goodwill amounting to ₹.24,50