ASSISTANT COMMISSIONER OF INCOME TAX, CHENNAI vs. COGNIZANT TECHNOLOGY SOLUTIONS INDIA PRIVATE LIMITED, CHENNAI

disallowance\nto the amount which was claimed as exempt income by applying the formula\ncontained in rule 8D of the Rules and holding that section 144

ASSISTANT COMMISSIONER OF INCOME TAX, CHENNAI vs. COGNIZANT TECHNOLOGY SOLUTIONS INDIA PRIVATE LIMITED, CHENNAI

disallowance\nto the amount which was claimed as exempt income by applying the formula\ncontained in rule 8D of the Rules and holding that section 144

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

disallowance\nto the amount which was claimed as exempt income by applying the formula\ncontained in rule 8D of the Rules and holding that section 144

ASSISTANT COMMISSIONER OF INCOME TAX, CHENNAI vs. COGNIZANT TECHNOLOGY SOLUTIONS INDIA PRIVATE LIMITED, CHENNAI

disallowance\nto the amount which was claimed as exempt income by applying the formula\ncontained in rule 8D of the Rules and holding that section 144

ACIT, MADURAI vs. J.K.FENNER (INDIA) LIMITED, MADURAI

Appeal stand dismissed whereas the assessee’s appeal stands partly allowed for statistical purposes

Bench: Hon’Ble Shri V. Durga Rao & Hon’Ble Shri Manoj Kumar Aggarwal, Am

Section 14A. 2.4 The Commissioner of Income Tax (Appeals) ought to have appreciated that the dividend income of Rs.2.60 Crores was received by the appellant is only from M/s J.K. Lakshmi Cements Ltd. and M/s J.K.Paper Ltd., which are within the same group viz. JK Organisation. 2.5 The Commissioner of Income Tax (Appeals) ought to have appreciated that such investments

J.K.FENNER (INDIA) LIMITED,CHENNAI vs. JCIT, MADURAI

Appeal stand dismissed whereas the assessee’s appeal stands partly allowed for statistical purposes

Bench: Hon’Ble Shri V. Durga Rao & Hon’Ble Shri Manoj Kumar Aggarwal, Am

Section 14A. 2.4 The Commissioner of Income Tax (Appeals) ought to have appreciated that the dividend income of Rs.2.60 Crores was received by the appellant is only from M/s J.K. Lakshmi Cements Ltd. and M/s J.K.Paper Ltd., which are within the same group viz. JK Organisation. 2.5 The Commissioner of Income Tax (Appeals) ought to have appreciated that such investments

ACIT, MADURAI vs. J.K.FENNER (INDIA) LTD., MADURAI

Appeal stand dismissed whereas the assessee’s appeal stands partly allowed for statistical purposes

Bench: Hon’Ble Shri V. Durga Rao & Hon’Ble Shri Manoj Kumar Aggarwal, Am

Section 14A. 2.4 The Commissioner of Income Tax (Appeals) ought to have appreciated that the dividend income of Rs.2.60 Crores was received by the appellant is only from M/s J.K. Lakshmi Cements Ltd. and M/s J.K.Paper Ltd., which are within the same group viz. JK Organisation. 2.5 The Commissioner of Income Tax (Appeals) ought to have appreciated that such investments

J.K.FENNER (INDIA) LIMITED,CHENNAI vs. JCIT, MADURAI

Appeal stand dismissed whereas the assessee’s appeal stands partly allowed for statistical purposes

Bench: Hon’Ble Shri V. Durga Rao & Hon’Ble Shri Manoj Kumar Aggarwal, Am

Section 14A. 2.4 The Commissioner of Income Tax (Appeals) ought to have appreciated that the dividend income of Rs.2.60 Crores was received by the appellant is only from M/s J.K. Lakshmi Cements Ltd. and M/s J.K.Paper Ltd., which are within the same group viz. JK Organisation. 2.5 The Commissioner of Income Tax (Appeals) ought to have appreciated that such investments

J.K.FENNER (INDIA) LIMITED,CHENNAI vs. ACIT, MADURAI

Appeal stand dismissed whereas the assessee’s appeal stands partly allowed for statistical purposes

Bench: Hon’Ble Shri V. Durga Rao & Hon’Ble Shri Manoj Kumar Aggarwal, Am

Section 14A. 2.4 The Commissioner of Income Tax (Appeals) ought to have appreciated that the dividend income of Rs.2.60 Crores was received by the appellant is only from M/s J.K. Lakshmi Cements Ltd. and M/s J.K.Paper Ltd., which are within the same group viz. JK Organisation. 2.5 The Commissioner of Income Tax (Appeals) ought to have appreciated that such investments

J.K.FENNER (INDIA) LIMITED,CHENNAI vs. JCIT, MADURAI

Appeal stand dismissed whereas the assessee’s appeal stands partly allowed for statistical purposes

Bench: Hon’Ble Shri V. Durga Rao & Hon’Ble Shri Manoj Kumar Aggarwal, Am

Section 14A. 2.4 The Commissioner of Income Tax (Appeals) ought to have appreciated that the dividend income of Rs.2.60 Crores was received by the appellant is only from M/s J.K. Lakshmi Cements Ltd. and M/s J.K.Paper Ltd., which are within the same group viz. JK Organisation. 2.5 The Commissioner of Income Tax (Appeals) ought to have appreciated that such investments

J.K.FENNER (INDIA) LIMITED,CHENNAI vs. JCIT, MADURAI

Appeal stand dismissed whereas the assessee’s appeal stands partly allowed for statistical purposes

Bench: Hon’Ble Shri V. Durga Rao & Hon’Ble Shri Manoj Kumar Aggarwal, Am

Section 14A. 2.4 The Commissioner of Income Tax (Appeals) ought to have appreciated that the dividend income of Rs.2.60 Crores was received by the appellant is only from M/s J.K. Lakshmi Cements Ltd. and M/s J.K.Paper Ltd., which are within the same group viz. JK Organisation. 2.5 The Commissioner of Income Tax (Appeals) ought to have appreciated that such investments

J.K.FENNER (INDIA) LIMITED,MADURAI vs. ACIT CORPORATE CIRCLE 1, MADURAI

Appeal stand dismissed whereas the assessee’s appeal stands partly allowed for statistical purposes

Bench: Hon’Ble Shri V. Durga Rao & Hon’Ble Shri Manoj Kumar Aggarwal, Am

Section 14A. 2.4 The Commissioner of Income Tax (Appeals) ought to have appreciated that the dividend income of Rs.2.60 Crores was received by the appellant is only from M/s J.K. Lakshmi Cements Ltd. and M/s J.K.Paper Ltd., which are within the same group viz. JK Organisation. 2.5 The Commissioner of Income Tax (Appeals) ought to have appreciated that such investments

ACIT CORPORATE CIRCLE 1, MADURAI vs. J.K.FENNER (INDIA) LTD., MADURAI

Appeal stand dismissed whereas the assessee’s appeal stands partly allowed for statistical purposes

Bench: Hon’Ble Shri V. Durga Rao & Hon’Ble Shri Manoj Kumar Aggarwal, Am

Section 14A. 2.4 The Commissioner of Income Tax (Appeals) ought to have appreciated that the dividend income of Rs.2.60 Crores was received by the appellant is only from M/s J.K. Lakshmi Cements Ltd. and M/s J.K.Paper Ltd., which are within the same group viz. JK Organisation. 2.5 The Commissioner of Income Tax (Appeals) ought to have appreciated that such investments

ACIT, MADURAI vs. J.K.FENNER (INDIA) LTD., MADURAI

Appeal stand dismissed whereas the assessee’s appeal stands partly allowed for statistical purposes

Bench: Hon’Ble Shri V. Durga Rao & Hon’Ble Shri Manoj Kumar Aggarwal, Am

Section 14A. 2.4 The Commissioner of Income Tax (Appeals) ought to have appreciated that the dividend income of Rs.2.60 Crores was received by the appellant is only from M/s J.K. Lakshmi Cements Ltd. and M/s J.K.Paper Ltd., which are within the same group viz. JK Organisation. 2.5 The Commissioner of Income Tax (Appeals) ought to have appreciated that such investments

ACIT, MADURAI vs. J.K.FENNER (INDIA) LTD., MADURAI

Appeal stand dismissed whereas the assessee’s appeal stands partly allowed for statistical purposes

Bench: Hon’Ble Shri V. Durga Rao & Hon’Ble Shri Manoj Kumar Aggarwal, Am

Section 14A. 2.4 The Commissioner of Income Tax (Appeals) ought to have appreciated that the dividend income of Rs.2.60 Crores was received by the appellant is only from M/s J.K. Lakshmi Cements Ltd. and M/s J.K.Paper Ltd., which are within the same group viz. JK Organisation. 2.5 The Commissioner of Income Tax (Appeals) ought to have appreciated that such investments

ACIT, MADURAI vs. J.K.FENNER (INDIA) LTD., MADURAI

Appeal stand dismissed whereas the assessee’s appeal stands partly allowed for statistical purposes

Bench: Hon’Ble Shri V. Durga Rao & Hon’Ble Shri Manoj Kumar Aggarwal, Am

Section 14A. 2.4 The Commissioner of Income Tax (Appeals) ought to have appreciated that the dividend income of Rs.2.60 Crores was received by the appellant is only from M/s J.K. Lakshmi Cements Ltd. and M/s J.K.Paper Ltd., which are within the same group viz. JK Organisation. 2.5 The Commissioner of Income Tax (Appeals) ought to have appreciated that such investments

J.K.FENNER (INDIA) LIMITED,CHENNAI vs. JCIT, MADURAI

Appeal stand dismissed whereas the assessee’s appeal stands partly allowed for statistical purposes

Bench: Hon’Ble Shri V. Durga Rao & Hon’Ble Shri Manoj Kumar Aggarwal, Am

Section 14A. 2.4 The Commissioner of Income Tax (Appeals) ought to have appreciated that the dividend income of Rs.2.60 Crores was received by the appellant is only from M/s J.K. Lakshmi Cements Ltd. and M/s J.K.Paper Ltd., which are within the same group viz. JK Organisation. 2.5 The Commissioner of Income Tax (Appeals) ought to have appreciated that such investments

SHIVA DISTILLERIES PRIVATELIMITED,COIMBATORE vs. DCIT CORPORATE CIRCLE 2, COIMBATORE

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

Bench: Shri Mahavir Singhand Shri G. Manjunathaआयकर अपील सं./Ita No.: 1788/Chny/2018 िनधा"रण वष" / Assessment Year: 2013-14 M/S Shiva Distilleries Pvt. The Acit, Ltd., V. Corporate Circle – 2, No.1212, Trichy Road, Income Tax Office, Coimbatore – 641 018. 63, Race Course Road, Coimbatore – 641 018. Pan: Aaccs7199B (अपीलाथ"/Appellant) (""यथ"/Respondent) अपीलाथ" क" ओर से/Appellant By : Shri R. Vijayaraghavan, Advocate ""यथ" क" ओर से/Respondent By : Shri Abani Kantha Nayak,Cit सुनवाई क" तार"ख/Date Of Hearing : 11.11.2020 घोषणा क" तार"ख/Date Of Pronouncement : 28.12.2020

disallowance under section 144 as per the assessment order under section 143(3) and the appeal was decided in favour