JCIT(OSD) CORPORATE CIRCLE-1(1), CHENNAI vs. INDIAN BANK, CHENNAI

iii) of sub-\nsection (3) of section 194A of the Income-tax Act, 1961 (43 of 1961), the Central\nGovernment hereby notify with effect from the 19th July, 1969, the following\nbanks for the purposes of the said sub-clause:- 1. Indian Overseas Bank, 151,\nMount Road, Madras-\n2. Indian Bank, Indian Chamber Building, Madras-1. ITA No.424/Mum/2020 &\n3740/Mum/2018

JCIT(OSD) CORPORATE CIRCLE-1(1), CHENNAI vs. INDIAN BANK, CHENNAI

disallow Rs.975,23,37,141/-. The\nLd. Counsel for the assesse informed that the Ld. First Appellate\nAuthority considered the issue of interpretation of Rule-6ABA for the\npurposes of section 36(1)(viia) and granted relief to the assesse.\nWhile doing so, he relied, inter-alia, upon the decision of Coordinate\nBench of this Tribunal in the case

JCIT(OSD) CORPORATE CIRCLE-1(1), CHENNAI vs. INDIAN BANK, CHENNAI

disallow Rs.975,23,37,141/-. The\r\nLd. Counsel for the assesse informed that the Ld. First Appellate\r\nAuthority considered the issue of interpretation of Rule-6ABA for the\r\npurposes of section 36(1)(viia) and granted relief to the assesse.\r\nWhile doing so, he relied, inter-alia, upon the decision of Coordinate\r\nBench of this

ACIT, NON-CORPORATE CIRLE-8, CHENNAI vs. INDIAN OVERSEAS BANK, CHENNAI

iii) of\nsub-section (3) of section 194A of the Income-tax Act, 1961 (43 of\n1961), the Central Government hereby notify with effect from the 19th\nJuly, 1969, the following banks for the purposes of the said sub-clause:-\n1. Indian Overseas Bank, 151, Mount Road, Madras\n2. Indian Bank, Indian Chamber Building, Madras-1.\n3. Allahabad Bank

INDIAN OVERSEAS BANK,CHENNAI vs. ACIT LTU-2, CHENNAI

iii) of\nsub-section (3) of section 194A of the Income-tax Act, 1961 (43 of\n1961), the Central Government hereby notify with effect from the 19th\nJuly, 1969, the following banks for the purposes of the said sub-clause:-\n1. Indian Overseas Bank, 151, Mount Road, Madras\n2. Indian Bank, Indian Chamber Building, Madras-1.\n3. Allahabad Bank

ACIT LTU-2, CHENNAI vs. INDIAN OVERSEAS BANK, CHENNAI

iii) of\nsub-section (3) of section 194A of the Income-tax Act, 1961 (43 of\n1961), the Central Government hereby notify with effect from the 19th\nJuly, 1969, the following banks for the purposes of the said sub-clause:-\n1. Indian Overseas Bank, 151, Mount Road, Madras\n2. Indian Bank, Indian Chamber Building, Madras-1.\n3. Allahabad Bank

INDIAN OVERSEAS BANK,CHENNAI vs. DCIT,LTU(2), CHENNAI

iii) of\nsub-section (3) of section 194A of the Income-tax Act, 1961 (43 of\n1961), the Central Government hereby notify with effect from the 19th\nJuly, 1963, the following banks for the purposes of the said sub-clause:-\n1. Indian Overseas Bank, 151, Mount Road, Madras\n2. Indian Bank, Indian Chamber Building, Madras-1.\n3. Allahabad Bank

COONOOR COOPERATIVE URBANK BANK LIMITED,COONOOR vs. DCIT,, OOTY

In the result, the appeal of the assesseein ITA No

Bench: Hon’Ble Shri Manoj Kumar Aggarwal, Am & Hon’Ble Shri Manu Kumar Giri, Jm आयकरअपील सं./ Ita No.228/Chny/2023 (िनधा"रणवष" / Assessment Year: 2014-2015) Coonoor Co-Operative Urban Bank Vs. The Deputy Commissioner Of Limited, Income Tax, No.15, Mount Road, Circle I, Coonoor. Ooty. [Pan: Aaaac 0793M] (अपीलाथ"/Appellant) (""यथ"/Respondent) अपीलाथ" क" ओर से/ Appellant By : Miss N.V. Lakshmi, Advocate ""यथ" क" ओर से /Respondent By : Shri. Arv Srinivasan, Irs, Addl. Cit. सुनवाई क" तार"ख/Date Of Hearing : 20.06.2024 घोषणा क" तार"ख /Date Of Pronouncement : 27.08.2024 आदेश / O R D E R Per Manu Kumar Giri ()

3) of the Income Tax Act, 1961 (hereinafter the ‘Act’), vide order dated 05.12.2016. 2. Assessee has raised the following grounds of appeal:- ‘’(i) Disallowance in respect of deduction of income tax paid under P & L account Rs.1369131(-) 481059 =888072. (ii) Disallowance of Rs.201600/- bonus / ex-gratia paid to the employees for want of bills/ vouchers. (iii) Disallowance of Rs.2

ACIT, NON-CORPORATE CIRLE-8, CHENNAI vs. INDIAN OVERSEAS BANK, CHENNAI

iii) of\nsub-section (3) of section 194A of the Income-tax Act, 1961 (43 of\n1961), the Central Government hereby notify with effect from the 19th\nJuly, 1969, the following banks for the purposes of the said sub-clause:-\n1. Indian Overseas Bank, 151, Mount Road, Madras\n2. Indian Bank, Indian Chamber Building, Madras-1.\n3. Allahabad Bank

DCIT CORPORATE CIRCLE-1(2), CHENNAI vs. BAY FORGE LTD, KANCHEEPURAM

In the result, the appeal filed by the Revenue is dismissed and the cross objection filed by the assessee is dismissed as academic

Bench: Shri Mahavir Singhand Shri Manoj Kumar Aggarwalआयकर अपील सं./Ita No.:1462/Chny/2019 िनधा"रण वष" /Assessment Year: 2009-10 & C.O No.76/Chny/2019 [In I.T.A. No.1462/Chny/2019] The Dcit, Bay Forge Limited, Corporate Circle -1(2), Vs. Palayanoor Po Chennai. Vedanthangal Road, Pukkath Village, Madurantakam Taluk, Kancheepuram – 603 308. Pan: Aaacf 0453D (अपीलाथ"/Appellant) (""यथ"/Respondent) राज" की ओर से /Revenue By : Dr. R. Mohan Reddy, Cit िनधा"रती क" ओर से/Assessee By : Shri Raghav Menon, Advocate सुनवाई क" तारीख/Date Of Hearing : 16.02.2023 घोषणा क" तारीख/Date Of Pronouncement : 16.02.2023

section 194A(3) (iii) and hence it was not liable to deduct tax on the interest payments. Taking into account the facts, circumstances and the evidences furnished by the appellant I am inclined to accept the contentions of the appellant. The disallowance

DEPUTY COMMISSIONER OF INCOME TAX, SALEM vs. GOVINDA RAJULU SRINIVASAN, SALEM

In the result, appeal of the Revenue stands dismissed

Bench: Shri Aby T. Varkey & Shri Amitabh Shukla

iii) Disallowance of Salary - Rs. 18,90,000 (iv) Disallowance of JCB expenses - Rs.3,01,000 (v) Disallowance of legal expenses - Rs.22,00,000 (vi) Disallowance of advertisement exp - Rs.87,280 (vii) Disallowance of compensation exp - Rs.4,00,000 (viii) Disallowance of audit fees u/s 40(a)(ia) - Rs.60,000 (ix)Disallowance of marketing exp - Rs.4,19,052 (x)Disallowance

ACIT, CHENNAI vs. M/S. BSR BUILDERS ENGINEERS CONTRACTORS , CHENNAI

In the result, the appeal of the assessee for AYs 2016-17 & 2017-18

Bench: Shri Aby T. Varkey & Shri Jagadishआयकर अपील सं./Ita Nos.1311 & 1312/Chny/2025 िनधा"रणवष"/Assessment Years: 2016-17 & 2017-18 V. Bsr Builders Engineers Contractors, The Dcit, No.28, Bsr Janus, Tank Bund Road, Central Circle-2(3), Nungambakkam, Chennai-600 034. Chennai. [Pan: Aagfb 7140 N] (अपीलाथ"/Appellant) (""यथ"/Respondent) आयकर अपील सं./Ita Nos.1274 & 1561/Chny/2025 िनधा"रणवष"/Assessment Years: 2017-18 & 2016-17 V. The Dcit / Acit, Bsr Builders Engineers Central Circle-2(3), Contractors, Chennai. No.28, Bsr Janus, Tank Bund Road, Nungambakkam, Chennai-600 034. [Pan: Aagfb 7140 N] (अपीलाथ"/Appellant) (""यथ"/Respondent)

194A of the ITA Nos.1274, 1311, 1312 & 1561/Chny/2025 CO Nos.39 & 47/Chny/2025 (AYs 2016-17 & 2017-18) BSR Builders Engineers Contractors :: 27 :: Act, due to which the AO disallowed 30% of the expenditure i.e. Rs.11,49,997/- u/s 40(a)(ia) of the Act. Aggrieved, assessee preferred an appeal to the Ld CIT (A) who confirmed the order

BSR BUILDERS ENGINEERS CONTRACTORS,,CHENNAI vs. DCIT, CENTRAL CIRCLE-2(3), CHENNAI

In the result, the appeal of the assessee for AYs 2016-17 & 2017-18

Bench: Shri Aby T. Varkey & Shri Jagadishआयकर अपील सं./Ita Nos.1311 & 1312/Chny/2025 िनधा"रणवष"/Assessment Years: 2016-17 & 2017-18 V. Bsr Builders Engineers Contractors, The Dcit, No.28, Bsr Janus, Tank Bund Road, Central Circle-2(3), Nungambakkam, Chennai-600 034. Chennai. [Pan: Aagfb 7140 N] (अपीलाथ"/Appellant) (""यथ"/Respondent) आयकर अपील सं./Ita Nos.1274 & 1561/Chny/2025 िनधा"रणवष"/Assessment Years: 2017-18 & 2016-17 V. The Dcit / Acit, Bsr Builders Engineers Central Circle-2(3), Contractors, Chennai. No.28, Bsr Janus, Tank Bund Road, Nungambakkam, Chennai-600 034. [Pan: Aagfb 7140 N] (अपीलाथ"/Appellant) (""यथ"/Respondent)

194A of the ITA Nos.1274, 1311, 1312 & 1561/Chny/2025 CO Nos.39 & 47/Chny/2025 (AYs 2016-17 & 2017-18) BSR Builders Engineers Contractors :: 27 :: Act, due to which the AO disallowed 30% of the expenditure i.e. Rs.11,49,997/- u/s 40(a)(ia) of the Act. Aggrieved, assessee preferred an appeal to the Ld CIT (A) who confirmed the order

DCIT, CHENNAI vs. BSR BUILDERS ENGINEERS CONTRACTORS, CHENNAI

In the result, the appeal of the assessee for AYs 2016-17 & 2017-18

Bench: Shri Aby T. Varkey & Shri Jagadishआयकर अपील सं./Ita Nos.1311 & 1312/Chny/2025 िनधा"रणवष"/Assessment Years: 2016-17 & 2017-18 V. Bsr Builders Engineers Contractors, The Dcit, No.28, Bsr Janus, Tank Bund Road, Central Circle-2(3), Nungambakkam, Chennai-600 034. Chennai. [Pan: Aagfb 7140 N] (अपीलाथ"/Appellant) (""यथ"/Respondent) आयकर अपील सं./Ita Nos.1274 & 1561/Chny/2025 िनधा"रणवष"/Assessment Years: 2017-18 & 2016-17 V. The Dcit / Acit, Bsr Builders Engineers Central Circle-2(3), Contractors, Chennai. No.28, Bsr Janus, Tank Bund Road, Nungambakkam, Chennai-600 034. [Pan: Aagfb 7140 N] (अपीलाथ"/Appellant) (""यथ"/Respondent)

194A of the ITA Nos.1274, 1311, 1312 & 1561/Chny/2025 CO Nos.39 & 47/Chny/2025 (AYs 2016-17 & 2017-18) BSR Builders Engineers Contractors :: 27 :: Act, due to which the AO disallowed 30% of the expenditure i.e. Rs.11,49,997/- u/s 40(a)(ia) of the Act. Aggrieved, assessee preferred an appeal to the Ld CIT (A) who confirmed the order

BSR BUILDERS ENGINEERS CONTRACTORS, ,CHENNAI vs. DCIT, CENT. CIRCLE-2(3), CHENNAI

In the result, the appeal of the assessee for AYs 2016-17 & 2017-18

Bench: Shri Aby T. Varkey & Shri Jagadishआयकर अपील सं./Ita Nos.1311 & 1312/Chny/2025 िनधा"रणवष"/Assessment Years: 2016-17 & 2017-18 V. Bsr Builders Engineers Contractors, The Dcit, No.28, Bsr Janus, Tank Bund Road, Central Circle-2(3), Nungambakkam, Chennai-600 034. Chennai. [Pan: Aagfb 7140 N] (अपीलाथ"/Appellant) (""यथ"/Respondent) आयकर अपील सं./Ita Nos.1274 & 1561/Chny/2025 िनधा"रणवष"/Assessment Years: 2017-18 & 2016-17 V. The Dcit / Acit, Bsr Builders Engineers Central Circle-2(3), Contractors, Chennai. No.28, Bsr Janus, Tank Bund Road, Nungambakkam, Chennai-600 034. [Pan: Aagfb 7140 N] (अपीलाथ"/Appellant) (""यथ"/Respondent)

194A of the ITA Nos.1274, 1311, 1312 & 1561/Chny/2025 CO Nos.39 & 47/Chny/2025 (AYs 2016-17 & 2017-18) BSR Builders Engineers Contractors :: 27 :: Act, due to which the AO disallowed 30% of the expenditure i.e. Rs.11,49,997/- u/s 40(a)(ia) of the Act. Aggrieved, assessee preferred an appeal to the Ld CIT (A) who confirmed the order

TRIMEX INDUSTRIES PRIVATE LIMITED,CHENNAI vs. ACIT, CENTRAL CIRCLE-IV(3), CHENNAI

In the result, the appeals filed by the assessee in ITA Nos

Bench: Shri Mahavir Singhand Shri Manoj Kumar Aggarwal

iii) i.e., 0.5% of average value of investment for the assessment year 2012-13, disallowance should be restricted at Rs.8,79,583/- and for assessment year 2013-14, it should be restricted to the extent of amount already disallowed by the assessee at Rs.36,12,589/-. We direct the AO accordingly. Assessee’s Appeal in ITA No.993/CHNY/2022

DCIT, CENTRAL CIRCLE-1 (3), CHENNAI vs. TRIMEX INDUSTRIES PRIVATE LIMITED, CHENNAI

In the result, the appeals filed by the assessee in ITA Nos

Bench: Shri Mahavir Singhand Shri Manoj Kumar Aggarwal

iii) i.e., 0.5% of average value of investment for the assessment year 2012-13, disallowance should be restricted at Rs.8,79,583/- and for assessment year 2013-14, it should be restricted to the extent of amount already disallowed by the assessee at Rs.36,12,589/-. We direct the AO accordingly. Assessee’s Appeal in ITA No.993/CHNY/2022

DCIT, CENTRAL CIRCLE-1 (3), CHENNAI vs. TRIMEX INDUSTRIES PRIVATE LIMITED, CHENNAI

In the result, the appeals filed by the assessee in ITA Nos

Bench: Shri Mahavir Singhand Shri Manoj Kumar Aggarwal

iii) i.e., 0.5% of average value of investment for the assessment year 2012-13, disallowance should be restricted at Rs.8,79,583/- and for assessment year 2013-14, it should be restricted to the extent of amount already disallowed by the assessee at Rs.36,12,589/-. We direct the AO accordingly. Assessee’s Appeal in ITA No.993/CHNY/2022