SOUTHERN PETROCHEMICAL INDUSTRIES CORPORATION LTD.,CHENNAI vs. ITO, CHENNAI

Appeal stands dismissed

Bench: Hon’Ble Shri Mahavir Singh, Vp & Hon’Ble Shri Manoj Kumar Aggarwal, Am आयकरअपील सं./ Ita No.84/Chny/2023 (िनधा)रण वष) / Assessment Year: 2008-09) M/S. Southern Petrochemical Income Tax Officer बनाम Industries Corporation Limited Corporate Ward-3(1) 88, Spic House, Mount Road, Guindy, Chennai-600 034. / Vs. Chennai-600 032. "थायीलेखासं./जीआइआरसं./Pan/Gir No. Aaacs-4668-K (अपीलाथ"/Appellant) : (" थ" / Respondent) अपीलाथ"कीओरसे/ Appellant By : Shri R. Vijayaraghavan & Shri Saroj Kumar Parida (Advocates)-Ld. Ars " थ"कीओरसे/Respondent By : Shri Nilay Baran Som (Cit) & Shri Ar V Sreenivasan (Addl. Cit)-Ld. Drs सुनवाईकीतारीख/Date Of Hearing : 16-10-2023 घोषणाकीतारीख /Date Of Pronouncement : 10-01-2024 आदेश / O R D E R

section 115 JB (Para .6.1 at Page 50). As is evident, the additions / disallowance which forms the subject matter of this appeal are i.e., (i) Disallowance u/s 14A; (ii) Disallowance of proportionate interest expenditure; (iii) Disallowance of Bad debts written-off; (iv) Disallowance of 50% expenditure towards R&D facility: (v) Disallowance of Electricity Tax u/s 43B

ASSISTANT COMMISSIONER OF INCOME TAX LTU CIRCLE 1 CHENNAI, CHENNAI vs. CARBORUNDUM UNIVERSAL LIMITED, CHENNAI

Bench: Hon’Ble Shri Manu Kumar Giri & Shri Hon’Ble Amitabh Shuklaआयकर अपील सं./ It(Tp)A Nos.2, 3 & 4/Chny/2025 िनधा@रण वष@ /Assessment Years: 2012-13, 2013-14 & 2017-18

disallowance made in the intimation u/s 143(1) under Section 43B, can be rectified under Section 143(3) if proof

ACIT(OSD) CORPORATE RANGE-1, CHENNAI vs. DAECHANG INDIA SEAT COMPANY P.LTD, SRIPERUMBUDUR

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

Bench: Shri V. Durga Rao & Shri G. Manjunathaआयकर अपील सं./I.T.A. No.1460/Chny/2019 िनधा"रण वष"/Assessment Year: 2015-16 The Assistant Commissioner Of Vs. M/S. Daechang India Seat Company Income Tax (Osd), P. Ltd., No. 491, Mannur Village, Corporate Range 1, Sriperumbudur, Tamil Ndu 602 105. Chennai. [Pan:Aaccd3176F] (अपीलाथ"/Appellant) (""थ"/Respondent) अपीलाथ" की ओर से / Appellant By : Shri D. Hema Bhupal, Jcit ""थ" की ओर से/Respondent By : Shri I. Dinesh, Advocate सुनवाई की तारीख/ Date Of Hearing : 22.09.2023 घोषणा की तारीख /Date Of Pronouncement : 22.09.2023 आदेश /O R D E R

disallowance of belated remittances of employee’s contribution to PF & ESI under section 36(1)(va) r.w.s. 2(24)(x) of the Act, and after considering relevant provisions and also by relying upon various judicial precedents held that in order to get deduction under section 36(1)(va) r.w.s. 43B

M/S . GUPTA & COMPANY ,CHENNAI vs. ADIT , CPC , BANGALORE

In the result, both the appeals filed by the assessee are dismissed

Bench: Shri V. Durga Rao & Shri G. Manjunathaआयकर अपील सं./I.T.A. Nos.822 & 823/Chny/2022 िनधा"रण वष"/Assessment Years: 2018-19 & 2019-20 M/S. Gupta & Company, Vs. The Assistant Director Of No. 26 & 27, Morrison First Street, Income Tax, Alandur, Chennai 600 016 Cpc, Bengaluru. Arcot Road, Kodambakkam, Chennai 600 024. [Pan:Aaafg0361L] (अपीलाथ"/Appellant) (""थ"/Respondent) अपीलाथ" की ओर से / Appellant By : Shri Tarun, Advocate For Shri S. Sridhar, Advocate ""थ" की ओर से/Respondent By : Shri Ar V Sreenivasan, Addl. Cit सुनवाई की तारीख/ Date Of Hearing : 01.02.2023 घोषणा की तारीख /Date Of Pronouncement : 08.02.2023 आदेश /O R D E R Per V. Durga Rao: Both The Appeals Filed By The Assessee Are Directed Against Separate Orders Of The Ld. Commissioner Of Income Tax (Appeals), National Faceless Appeal Centre (Nfac), New Delhi, Both Dated 05.09.2022 Relevant To The Assessment Years 2018-19 & 2019-20. 2. Brief Facts Of The Case Are That The Assessee Filed Its Return Of Income For The Assessment Year 2018-19 On 08.11.2019 Declaring Total

disallowance of belated remittances of employee’s contribution to PF & ESI under section 36(1)(va) r.w.s. 2(24)(x) of the Act, and after considering relevant provisions and also by relying upon various judicial precedents held that in order to get deduction under section 36(1)(va) r.w.s. 43B

M/S . GUPTA & COMPANY ,CHENNAI vs. ADIT , CPC , BANGALORE

In the result, both the appeals filed by the assessee are dismissed

Bench: Shri V. Durga Rao & Shri G. Manjunathaआयकर अपील सं./I.T.A. Nos.822 & 823/Chny/2022 िनधा"रण वष"/Assessment Years: 2018-19 & 2019-20 M/S. Gupta & Company, Vs. The Assistant Director Of No. 26 & 27, Morrison First Street, Income Tax, Alandur, Chennai 600 016 Cpc, Bengaluru. Arcot Road, Kodambakkam, Chennai 600 024. [Pan:Aaafg0361L] (अपीलाथ"/Appellant) (""थ"/Respondent) अपीलाथ" की ओर से / Appellant By : Shri Tarun, Advocate For Shri S. Sridhar, Advocate ""थ" की ओर से/Respondent By : Shri Ar V Sreenivasan, Addl. Cit सुनवाई की तारीख/ Date Of Hearing : 01.02.2023 घोषणा की तारीख /Date Of Pronouncement : 08.02.2023 आदेश /O R D E R Per V. Durga Rao: Both The Appeals Filed By The Assessee Are Directed Against Separate Orders Of The Ld. Commissioner Of Income Tax (Appeals), National Faceless Appeal Centre (Nfac), New Delhi, Both Dated 05.09.2022 Relevant To The Assessment Years 2018-19 & 2019-20. 2. Brief Facts Of The Case Are That The Assessee Filed Its Return Of Income For The Assessment Year 2018-19 On 08.11.2019 Declaring Total

disallowance of belated remittances of employee’s contribution to PF & ESI under section 36(1)(va) r.w.s. 2(24)(x) of the Act, and after considering relevant provisions and also by relying upon various judicial precedents held that in order to get deduction under section 36(1)(va) r.w.s. 43B

THE INDIA CEMENTS LIMITED,CHENNAI vs. DCIT CORPORATE CIRCLE 2(1) CHENNAI, CHENNAI

43B of the Income Tax Act", "Section 2(24)(xviii) of the Income Tax Act", "Section 28 of the Income Tax Act", "Section 80IA of the Income Tax Act", "Section 68 of the Income Tax Act", "Section 115BBE of the Income Tax Act" ], "issues": "The appeal concerns the disallowance

IDFC LIMITED,CHENNAI vs. DCIT, CO. CIRCLE - II (3),, CHENNAI

In the result, the appeal filed by the assessee in ITA

Bench: Shri Aby T. Varkey & Shri Jagadishआयकर अपील सं./Ita No.877/Chny/2018 & 677/Chny/2020 िनधा&रण वष& /Assessment Years: 2010-11

section 43B(c), (d) and (e) of the Act to listed and traded bonds issued by the Appellant. 4.4 Without prejudice, the learned CIT(A) erred in not restricting the disallowance

DCIT CORPORATE CIRCLE 2(2), CHENNAI vs. IDFC LIMITED, CHENNAI

In the result, the appeal filed by the assessee in ITA

Bench: Shri Aby T. Varkey & Shri Jagadishआयकर अपील सं./Ita No.877/Chny/2018 & 677/Chny/2020 िनधा&रण वष& /Assessment Years: 2010-11

section 43B(c), (d) and (e) of the Act to listed and traded bonds issued by the Appellant. 4.4 Without prejudice, the learned CIT(A) erred in not restricting the disallowance

LOOCUSTLNCORP APPAREL EXPORT PRIVATE LIMITED,TIRUPPUR vs. DCIT CRICLE-1, TIRUPPUR

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

Bench: Shri V. Durga Rao & Shri Manoj Kumar Aggarwalआयकर अपील सं./I.T.A. No.934/Chny/2023 िनधा"रण वष"/Assessment Year: 2019-20 Loocustincorp Apparel Export Vs. The Deputy Commissioner Of Private Limited, 28/13, Mgr Nagar, Income Tax, Fourth Street, Pn Road, Circle 1, Tiruppur 641 602. Tiruppur. [Pan:Aaccl9782D] (अपीलाथ"/Appellant) (""थ"/Respondent) अपीलाथ" की ओर से / Appellant By : Shri H. Yeshwanth Kumar, Ca ""थ" की ओर से/Respondent By : Shri Ar V Sreenivasan, Addl. Cit सुनवाई की तारीख/ Date Of Hearing : 12.12.2023 घोषणा की तारीख /Date Of Pronouncement : 20.12.2023 आदेश /O R D E R Per V. Durga Rao: This Appeal Filed By The Assessee Is Directed Against The Order Of The Ld. Commissioner Of Income Tax (Appeals), National Faceless Appeal Centre [Nfac], Delhi, Dated 28.06.2023 Relevant To The Assessment Year 2019-20. 2. The Appeal Filed By The Assessee Is Delayed By 4 Days In Filing The Appeal, For Which, The Assessee Has Filed Petition For Condonation Of The Delay In Support Of An Affidavit, To Which; The Ld. Dr Has Not Raised Any 2

disallowance of belated remittances of employee’s contribution to PF & ESI under section 36(1)(va) r.w.s. 2(24)(x) of the Act, and after considering relevant provisions and also by relying upon various judicial precedents held that in order to get deduction under section 36(1)(va) r.w.s. 43B

M/S O CLOCK SOFTWARE PRIVATE LIMITED ,CHENNAI vs. ADIT , BANGALORE

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

Bench: Shri V. Durga Rao & Shri G. Manjunathaआयकर अपील सं./I.T.A. No.663/Chny/2022 िनधा"रण वष"/Assessment Year: 2020-21 M/S. O Clock Software Private The Acit, Cpc, Bengaluru/ Limited, No. 1, Eighth Floor A Wing, Vs. The Joint Commissioner Of Parsn Manere, Anna Salai, Income Tax (Osd), Chennai 600 006. Ltu Circle – 1, Chennai. [Pan:Aabco2328M] (अपीलाथ"/Appellant) (""थ"/Respondent) अपीलाथ" की ओर से / Appellant By : Shri Y. Sridhar, Ca ""थ" की ओर से/Respondent By : Shri Ar V Sreenivsan, Addl. Cit सुनवाई की तारीख/ Date Of Hearing : 03.11.2023 घोषणा की तारीख /Date Of Pronouncement : 03.11.2023 आदेश /O R D E R Per V. Durga Rao: This Appeal Filed By The Assessee Is Directed Against The Order Of The Ld. Commissioner Of Income Tax (Appeals), National Faceless Appeal Centre (Nfac), New Delhi Dated 13.06.2022 Relevant To The Assessment Year 2020-21. Vide Order In M.P. No. 89/Chny/2023 Dated 03.11.2023, The Captioned Appeal Order Dated 26.09.2022 Has Been Recalled & Restored For Fresh Adjudication.

disallowance of belated remittances of employee’s contribution to PF & ESI under section 36(1)(va) r.w.s. 2(24)(x) of the Act, and after considering relevant provisions and also by relying upon various judicial precedents held that in order to get deduction under section 36(1)(va) r.w.s. 43B

M/S COMFY SHOE MAKERS PRIVATE LIMITED ,CHENNAI vs. ADIT , CPC , BANGALORE

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

Bench: Shri V. Durga Rao & Shri Manjunatha, G.आयकर अपील सं./I.T.A. No.688/Chny/2022 िनधा"रण वष"/Assessment Year: 2019-20 M/S. Comfy Shoe Makers Private The Assistant Commissioner Of Limited, No. 295, Sidco Industrial Vs. Income Tax, Estate, Ambattur, Chennai 600 098. Corporate Circle 1(1), [Pan:Aabcc2556M] Chennai. (अपीलाथ"/Appellant) (""थ"/Respondent) अपीलाथ" की ओर से / Appellant By : Shri Y. Sridhar, F.C.A. ""थ" की ओर से/Respondent By : Shri P. Sajit Kumar, Jcit सुनवाई की तारीख/ Date Of Hearing : 15.09.2023 घोषणा की तारीख /Date Of Pronouncement : 15.09.2023 आदेश /O R D E R Per V. Durga Rao: This Appeal Filed By The Assessee Is Directed Against The Order Of The Ld. Commissioner Of Income Tax (Appeals), National Faceless Appeal Centre (Nfac), New Delhi Dated 14.07.2022 Relevant To The Assessment Year 2019-20. Vide Order In M.P. No. 88/Chny/2023 Dated 15.09.2023, The Captioned Appeal Order Dated 26.09.2022 Has Been Recalled & Restored For Fresh Adjudication.

disallowance of belated remittances of employee’s contribution to PF & ESI under section 36(1)(va) r.w.s. 2(24)(x) of the Act, and after considering relevant provisions and also by relying upon various judicial precedents held that in order to get deduction under section 36(1)(va) r.w.s. 43B

TROPICAL AGRO SYSTEM INDIA PRIVATE LIMITED ,CHENNAI vs. ADIT , BANGALORE

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

Bench: Shri V. Durga Rao & Shri G. Manjunathaआयकर अपील सं./I.T.A. No.657/Chny/2022 िनधा"रण वष"/Assessment Year: 2019-20 M/S. Tropical Agro System India The Income Tax Officer, Private Limited, No. 72, Marshalls Vs. Corporate Ward – 6(1), Road, Egmore, Chennai 600 008. Chennai. [Pan:Aaact4250E] (अपीलाथ"/Appellant) (""थ"/Respondent) अपीलाथ" की ओर से / Appellant By : Shri P.M. Kathir, Advocate ""थ" की ओर से/Respondent By : Shri Ar V Sreenivasan, Addl. Cit सुनवाई की तारीख/ Date Of Hearing : 24.11.2023 घोषणा की तारीख /Date Of Pronouncement : 24.11.2023 आदेश /O R D E R Per V. Durga Rao: This Appeal Filed By The Assessee Is Directed Against The Order Of The Ld. Commissioner Of Income Tax (Appeals), National Faceless Appeal Centre (Nfac), New Delhi Dated 24.06.2022 Relevant To The Assessment Year 2019-20. 2. Brief Facts Of The Case Are That The Assessee Filed Its Return Of Income For The Assessment Year 2019-20 Declaring The Total Income At ₹.51,46,48,806/-. The Return Filed By The Assessee Was Processed Under 2

disallowance of belated remittances of employee’s contribution to PF & ESI under section 36(1)(va) r.w.s. 2(24)(x) of the Act, and after considering relevant provisions and also by relying upon various judicial precedents held that in order to get deduction under section 36(1)(va) r.w.s. 43B

AMULYA LEATHER IMPEX ,CHENNAI vs. DCIT CIRCLE 8 (1), CHENNAI

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

Bench: Shri V. Durga Rao & Shri Manjunatha, G.आयकर अपील सं./I.T.A. No.686/Chny/2022 िनधा"रण वष"/Assessment Year: 2019-20 Amulya Leather Impex, The Assistant Commissioner Of Plot No. 39, Vgp Amudha Nagar, Vs. Income Tax Maduravoyal, Chennai 600 095 Non Corporate Circle 8(1), [Pan:Aadfa4763F] Chennai 600 034. (अपीलाथ"/Appellant) (""थ"/Respondent) अपीलाथ" की ओर से / Appellant By : Shri M. Subramanian ""थ" की ओर से/Respondent By : Shri P. Sajit Kumar, Jcit सुनवाई की तारीख/ Date Of Hearing : 15.09.2023 घोषणा की तारीख /Date Of Pronouncement : 15.09.2023 आदेश /O R D E R Per V. Durga Rao: This Appeal Filed By The Assessee Is Directed Against The Order Of The Ld. Commissioner Of Income Tax (Appeals), National Faceless Appeal Centre (Nfac), New Delhi Dated 07.07.2022 Relevant To The Assessment Year 2019-20. Vide Order In M.P. No. 213/Chny/2022 Dated 15.09.2023, The Captioned Appeal Order Dated 26.09.2022 Has Been Recalled & Restored For Fresh Adjudication.

disallowance of belated remittances of employee’s contribution to PF & ESI under section 36(1)(va) r.w.s. 2(24)(x) of the Act, and after considering relevant provisions and also by relying upon various judicial precedents held that in order to get deduction under section 36(1)(va) r.w.s. 43B

POONGOTHAI TEXTILE MILLS ,PALLADAM vs. DCIT , CENTRALIZED PROCESSING CENTRE , BANGALORE

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

Bench: Shri V. Durga Rao, Hon’Ble & Shri Manjunatha. G, Hon’Bleआयकर अपील सं./Ita No.: 595/Chny/2022 िनधा"रण वष" / Assessment Year: 2018-19 M/S. Poongothai Textile Mills, The Deputy Commissioner Of S.F. No. 132, V. Income Tax, Circle -1, P. Vadugapalayam, No. 121, Adams Building, Sixty Palladam Road (West), Feet Road, Palladam – 641 004. Tiruppur – 641 602. [Pan: Aacfp-5674-R] (अपीलाथ"/Appellant) (""यथ"/Respondent) : Shri. Yeshwanth Kumar, Ca अपीलाथ" क" ओर से/Appellant By : Shri. P. Sajit Kumar, Jcit ""यथ" क" ओर से/Respondent By सुनवाई क" तारीख/Date Of Hearing : 15.09.2023 घोषणा क" तारीख/Date Of Pronouncement : 15.09.2023

disallowance of belated remittances of employee’s contribution to PF & ESI under section 36(1)(va) r.w.s. 2(24)(x) of the Act, and after considering relevant provisions and also by relying upon various judicial precedents held that, in order to get deduction under section 36(1)(va) r.w.s. 43B

AUMUND ENGINEERING PRIVATE LIMITED,CHENNAI vs. CIT(A),NFAC, DELHI

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

Bench: Shri V. Durga Rao, Hon’Ble & Shri Manjunatha. G, Hon’Bleआयकर अपील सं./Ita No.: 606/Chny/2021 िनधा"रण वष" / Assessment Year: 2017-18 M/S. Aumund Engineering Pvt The Deputy Commissioner Of Ltd., V. Income Tax, No.9, Lakshmi Neela Rite Corporate Circle -1(1), Choice Chambers, Ii Floor, Chennai – 600 034. Bazulla Road, T.Nagar, Chennai – 600 017. [Pan: Aaaca-9186-A] (अपीलाथ"/Appellant) (""यथ"/Respondent) अपीलाथ" क" ओर से/Appellant By : Shri. S.P. Chidambaram, Advocate ""यथ" क" ओर से/Respondent By : Shri. P. Sajit Kumar, Jcit सुनवाई क" तारीख/Date Of Hearing : 15.09.2023 घोषणा क" तारीख/Date Of Pronouncement : 15.09.2023

disallowance of belated remittances of employee’s contribution to PF & ESI under section 36(1)(va) r.w.s. 2(24)(x) of the Act, and after considering relevant provisions and also by relying upon various judicial precedents held that, in order to get deduction under section 36(1)(va) r.w.s. 43B

NETWORK CLOTHING COMPANY PRIVATE LTD,TIRUPUR vs. CIT(A),NFAC,, DELHI

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

Bench: Shri V. Durga Rao, Hon’Ble & Shri Manjunatha. G, Hon’Bleआयकर अपील सं./Ita No.: 605/Chny/2021 िनधा"रण वष" / Assessment Year: 2018-19 M/S. Network Clothing Income Tax Officer, Company Private Limited, V. Circle-1, 2/641, Ncc House, Mangalam Tirupur. Road, Andipalayam Post, Tirupur – 641 687. [Pan: Aabcn-0220-F] (अपीलाथ"/Appellant) (""यथ"/Respondent) अपीलाथ" क" ओर से/Appellant By : None : Shri. P. Sajit Kumar, Jcit ""यथ" क" ओर से/Respondent By सुनवाई क" तारीख/Date Of Hearing : 15.09.2023 घोषणा क" तारीख/Date Of Pronouncement : 15.09.2023

disallowance of belated remittances of employee’s contribution to PF & ESI under section 36(1)(va) r.w.s. 2(24)(x) of the Act, and after considering relevant provisions and also by relying upon various judicial precedents held that, in order to get deduction under section 36(1)(va) r.w.s. 43B

M/S BUILDHR MANAGEMENT CONSULTANTS PRIVATE LIMITED,CHENNAI vs. ADIT CPC , BANGALORE

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

Bench: Shri V. Durga Rao, Hon’Ble & Shri Manjunatha. G, Hon’Bleआयकर अपील सं./Ita No.: 609/Chny/2022 िनधा"रण वष" / Assessment Year: 2020-21 M/S. Buildhr Management The Joint Commissioner Of Consultants Private Limited V. Income Tax, 3A/8, Thangal Ulvail Street, (Osd), Virugambakkam, Corporate Circle -1(1), Chennai – 600 092. Chennai. [Pan: Aaecb-6784-F] (अपीलाथ"/Appellant) (""यथ"/Respondent) अपीलाथ" क" ओर से/Appellant By : Shri. Y. Sridhar, Fca ""यथ" क" ओर से/Respondent By : Shri. P. Sajit Kumar, Jcit सुनवाई क" तारीख/Date Of Hearing : 15.09.2023 घोषणा क" तारीख/Date Of Pronouncement : 15.09.2023

disallowance of belated remittances of employee’s contribution to PF & ESI under section 36(1)(va) r.w.s. 2(24)(x) of the Act, and after considering relevant provisions and also by relying upon various judicial precedents held that, in order to get deduction under section 36(1)(va) r.w.s. 43B

ABAN SINGAPORE PTE LIMITED,CHENNAI vs. DCIT INTL TAX 1(1), CHENNAI

In the result, the appeal of assessee is allowed

Bench: Shri Aby T Varkey & Shri Amitabh Shuklaआयकर अपील सं./Ita No.500/Chny/2025 Assessment Years: 2022-23 Aban Singapore Pte Limited Deputy Commissioner Of Income Room No.8713, Bsnl Building, Tax, 4Th Floor, Bsnl Towers, Intl Tax-1(1), No.16, Greams Road, Chennai. Chennai [Pan: Aaqca2845Q]

disallowance is in order. 5.0 We have heard the rival submissions in the light of material available on records. Before proceeding further, we deem it appropriate to reproduce, hereunder, the statutory provisions of the Act which are seminal to the controversy being section 43B