ACIT, NUNGAMBAKKAM vs. INTEGRATED SERVICE POINT LIMITED, ANNA NAGAR

Bench: Hon’Ble Shri Manu Kumar Giri & Shri Hon'Ble Jagadishआयकर अपील सं./ Ita Nos.1881, 1882 & 1883/Chny/2025 निर्धारण वर्ष / Assessment Years: 2016-17, 2019-20 & 2022-23 Integrated Service Point Ltd., (Formerly Integrated Service Point Vs. Pvt. Ltd.,) The Dy./Asst. Commissioner Of Income Tax, Central Circle-2(4), Chennai. 6C, 6Th Floor, Gaiety Palace I/L, Blackers Road, Anna Road H.O., Chennai - 600 002. Pan: Aaaci 9527P (अपीलार्थी/Appellant) (प्रत्यर्थी/Respondent) आयकर अपील सं./ Ita Nos.1874, 1876 & 1879/Chny/2025 निर्धारण वर्ष / Assessment Years: 2016-17, 2019-20 & 2022-23 The Dy./Asst. Commissioner Of Income Tax, Central Circle-2(4), Chennai. Integrated Service Point Ltd., (Formerly Integrated Service Point Vs. Pvt. Ltd.,) 6C, 6Th Floor, Gaiety Palace I/L, Blackers Road, Anna Road H.O., Chennai - 600 002. Pan: Aaaci 9527P (अपीलार्थी/Appellant) (प्रत्यर्थी/Respondent) अपीलार्थी की ओर से/ Assessee By : Mr. Y. Sridhar, Fca प्रत्यर्थी की ओर से /Revenue By : Mr. Bipin C.N, Cit सुनवाई की तारीख/Date Of Hearing : 13.10.2025 घोषण की तारीख / Date Of Pronouncement : 30.12.2025 :- 2 -:

disallowed is rejected. Additions under Sections 69A and 69C: 133. Regarding the additions made under sections 69A and 69C, the assessee

ACIT, CHENNAI vs. INTEGRATED SERVICE POINT LIMITED, ANNA NAGAR

Accordingly, the assessee’s appeals in ITA Nos. 1881, 1882, and 1883/Chny/2025 for A.Ys. 2016-17, 2019-20, and 2022-23 are allowed

Bench: Hon’Ble Shri Manu Kumar Giri & Shri Hon’Ble Jagadishआयकर अपील सं./ Ita Nos.1881, 1882 & 1883/Chny/2025 िनधा;रण वष; /Assessment Years: 2016-17, 2019-20 & 2022-23

disallowed is rejected. Additions under Sections 69A and 69C: 133. Regarding the additions made under sections 69A and 69C, the assessee

INTEGRATED SERVICE POINT LTD.,CHENNAI vs. ACIT, CENTRAL CIRCLE-2(4), CHENNAI

Accordingly, the assessee’s appeals in ITA Nos. 1881, 1882, and 1883/Chny/2025 for A.Ys. 2016-17, 2019-20, and 2022-23 are allowed

Bench: Hon’Ble Shri Manu Kumar Giri & Shri Hon’Ble Jagadishआयकर अपील सं./ Ita Nos.1881, 1882 & 1883/Chny/2025 िनधा;रण वष; /Assessment Years: 2016-17, 2019-20 & 2022-23

disallowed is rejected. Additions under Sections 69A and 69C: 133. Regarding the additions made under sections 69A and 69C, the assessee

ASSISTANT COMMISSIONER OF INCOME TAX LTU CIRCLE 1 CHENNAI, CHENNAI vs. E I D PARRY INDIA LIMITED, CHENNAI

In the result, all the appeals filed by the assessee are partly allowed for statistical purposes and the appeal filed by the Revenue is dismissed

Bench: Shri George George Kand Shri S.R. Raghunathait(Tp)A. Nos.:105, 106, 107/Chny/2024 & Ita No.3113/Chny/2024 िनधा"रण वष"/Assessment Years: 2011-12, 2012-13, 2013-14 & 2014-15 M/S. E.I.D. Parry India Ltd., The Deputy Commissioner Of No. 234, Dare House, Nsc Vs. Income Tax, Bose Road, Parrys Corner, Large Taxpayer Unit -1, Chennai 600 001. Chennai. [Pan: Aaace-0702-C] (अपीलाथ"/Appellant) (""यथ"/Respondent)

disallowed under section 69A of the Act which was repaid by PIL to the assessee and not accounted in the books

M/S. EID PARRY INDIA LTD.,CHENNAI vs. DCIT, LTU-1,, CHENNAI

In the result, all the appeals filed by the assessee are partly allowed for statistical purposes and the appeal filed by the Revenue is dismissed

Bench: Shri George George Kand Shri S.R. Raghunathait(Tp)A. Nos.:105, 106, 107/Chny/2024 & Ita No.3113/Chny/2024 िनधा"रण वष"/Assessment Years: 2011-12, 2012-13, 2013-14 & 2014-15 M/S. E.I.D. Parry India Ltd., The Deputy Commissioner Of No. 234, Dare House, Nsc Vs. Income Tax, Bose Road, Parrys Corner, Large Taxpayer Unit -1, Chennai 600 001. Chennai. [Pan: Aaace-0702-C] (अपीलाथ"/Appellant) (""यथ"/Respondent)

disallowed under section 69A of the Act which was repaid by PIL to the assessee and not accounted in the books

ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1, TRICHY, TRICHY vs. VIJAY DAIRY AND FARM PRODUCTS PRIVATE LIMITED, MUSIRI , TRICHY

In the result, appeal filed by the Revenue is dismissed

Bench: Shri Aby T. Varkey & Shrimanoj Kumar Aggarwal

Section 69A of the Act, (b) disallowance of disallowance of expenses incurred on freezer boxes supplied to their agents of expenses

SUMERMAL KANTILAL JAIN,CHENNAI vs. ACIT, CENTRAL CIRCLE-1, CHENNAI

In the result, appeals filed by both the assessees in ITA

Bench: Shri V. Durga Rao, Hon’Ble & Dr. Manish Borad, Hon’Bleआयकर अपील सं./Ita No.: 1011/Chny/2022 िनधा"रण वष" / Assessment Year: 2021-22 Gautham Chand Jain, Assistant Commissioner Of No. 13, 3Rd Street, V. Income Tax, Balgota Villa, Central Circle 1(1), Sambier Street, Gandhi Salai, Chennai -600 034. Seven Wells, Sowcarpet, Chennai – 600 001. [Pan: Aahpg-0295-J] आयकर अपील सं./Ita No.: 1012/Chny/2022 िनधा"रण वष" / Assessment Year: 2021-22 Sumermal Kantilal Jain, Assistant Commissioner Of 104/A6, Govindappa Naicken V. Income Tax, Street, George Town, Central Circle 1(1), Chennai – 600 001. Chennai -600 034. [Pan: Aaopj-1866-H] (अपीलाथ"/Appellant) (""यथ"/Respondent) अपीलाथ" क" ओर से/Appellant By : Dr. Ca. Abhishek Murali, Fca ""यथ" क" ओर से/Respondent By : Shri. P. Sajit Kumar, Jcit सुनवाई की तारीख/Date Of Hearing : 17.04.2023 घोषणा की तारीख/Date Of Pronouncement : 19.04.2023

disallowing the same. (iii) The Learned AO/CIT(A) has not provided any opportunity and has merely made the addition without issuing a show-cause notice or a 2° hearing, (iv) The Learned CIT(A) has also failed to adjudicate grounds raised in the Appeal. Cash already Recorded in Books - Addition_uls 69A Bad In Law: (v) Without Prejudice

GAUTHAM CHAND JAIN,CHENNAI vs. ACIT, CHENNAI

In the result, appeals filed by both the assessees in ITA

Bench: Shri V. Durga Rao, Hon’Ble & Dr. Manish Borad, Hon’Bleआयकर अपील सं./Ita No.: 1011/Chny/2022 िनधा"रण वष" / Assessment Year: 2021-22 Gautham Chand Jain, Assistant Commissioner Of No. 13, 3Rd Street, V. Income Tax, Balgota Villa, Central Circle 1(1), Sambier Street, Gandhi Salai, Chennai -600 034. Seven Wells, Sowcarpet, Chennai – 600 001. [Pan: Aahpg-0295-J] आयकर अपील सं./Ita No.: 1012/Chny/2022 िनधा"रण वष" / Assessment Year: 2021-22 Sumermal Kantilal Jain, Assistant Commissioner Of 104/A6, Govindappa Naicken V. Income Tax, Street, George Town, Central Circle 1(1), Chennai – 600 001. Chennai -600 034. [Pan: Aaopj-1866-H] (अपीलाथ"/Appellant) (""यथ"/Respondent) अपीलाथ" क" ओर से/Appellant By : Dr. Ca. Abhishek Murali, Fca ""यथ" क" ओर से/Respondent By : Shri. P. Sajit Kumar, Jcit सुनवाई की तारीख/Date Of Hearing : 17.04.2023 घोषणा की तारीख/Date Of Pronouncement : 19.04.2023

disallowing the same. (iii) The Learned AO/CIT(A) has not provided any opportunity and has merely made the addition without issuing a show-cause notice or a 2° hearing, (iv) The Learned CIT(A) has also failed to adjudicate grounds raised in the Appeal. Cash already Recorded in Books - Addition_uls 69A Bad In Law: (v) Without Prejudice

DCIT, CHENNAI vs. JAGATHRAKSKAN SRINISHA, CHENNAI

In the result, the appeals filed by the Revenue in I

Bench: Shri Aby T Varkey & Shri S.R.Raghunathaआयकर अपील सं./Ita Nos.: 1253, 1264 & 1271/Chny/2025 निर्धारण वर्ष / Assessment Year: 2017-18 Dcit, Central Circle -2(3), Chennai. (अपीलार्थी/Appellant) Vs. Jagathrakshakan Srinisha, 1St Main Road, Adyar, Besant Nagar, Chennai - 600 020. Tamil Nadu. [Pan: Abfps-1422-E] (प्रत्यर्थी/Respondent) निर्धारिती की ओर से/Assessee By : Shri. B. Ramakrishnan, Fca & Shri. Shrenik Chordia, Ca. राजस्व की ओर से / Revenue By : Shri. C.N. Bipin, C.I.T. सुनवाई की तारीख /Date Of Hearing : 07.11.2025 घोषणा की तारीख/Date Of Pronouncement : 18.11.2025 आदेश /Order Per S.R.Raghunatha, Am: The Present Appeal Is Preferred By The Revenue Against The Order Dated 06.02.2025 Passed By The Commissioner Of Income Tax (Appeals)-19 (Hereinafter Referred To As Ld.Cit(A), Chennai, In Respect Of The Assessment Order Dated 01.03.2019 Passed By The Deputy Commissioner Of Income Tax, Central Circle -2(3) (Hereinafter Referred To As Ao) For The Assessment Year 2017-18 (Hereinafter Referred To As The Impugned Assessment Year) U/S.143(3) Of The Income Tax Act, 1961 (Hereinafter Referred To As The Act). :-2-:

disallow the claim of gift. The Ld.CIT(A) had reasoned out that the assessee's brother had given a letter stating the fact of the gift and that stands as an evidence to show that gifts are indeed made. In our view, this is acceptable. At any rate, we find that the AO never brought out any material to disprove

INTEGRATED SERVICE POINT LTD.,CHENNAI vs. ACIT, CENTRAL CIRCLE-2(4), CHENNAI

Bench: Hon’Ble Shri Manu Kumar Giri & Shri Hon'Ble Jagadishआयकर अपील सं./ Ita Nos.1881, 1882 & 1883/Chny/2025 निर्धारण वर्ष / Assessment Years: 2016-17, 2019-20 & 2022-23 Integrated Service Point Ltd., (Formerly Integrated Service Point Vs. Income Tax, Pvt. Ltd.,) The Dy./Asst. Commissioner Of Central Circle-2(4), 6C, 6Th Floor, Gaiety Palace I/L, Blackers Road, Anna Road H.O., Chennai - 600 002. Chennai. Pan: Aaaci 9527P (अपीलार्थी/Appellant) (प्रत्यर्थी/Respondent) आयकर अपील सं./ Ita Nos.1874, 1876 & 1879/Chny/2025 निर्धारण वर्ष / Assessment Years: 2016-17, 2019-20 & 2022-23 The Dy./Asst. Commissioner Of Income Tax, Central Circle-2(4), Chennai. Integrated Service Point Ltd., (Formerly Integrated Service Point Vs. Pvt. Ltd.,) 6C, 6Th Floor, Gaiety Palace I/L, Blackers Road, Anna Road H.O., Chennai - 600 002. Pan: Aaaci 9527P (अपीलार्थी/Appellant) (प्रत्यर्थी/Respondent) अपीलार्थी की ओर से/ Assessee By : Mr. Y. Sridhar, Fca प्रत्यर्थी की ओर से /Revenue By : Mr. Bipin C.N, Cit सुनवाई की तारीख/Date Of Hearing : 13.10.2025 घोषण की तारीख / Date Of Pronouncement : 30.12.2025 :- 2 -:

disallowance: Rs.3,02,02,100/- b. Alleged bogus purchases: Rs.4,43,24,430/- c. Unexplained money under section 69A: Rs.39

INTEGRATED SERVICE POINT LTD.,CHENNAI vs. ACIT, CC-2(4), CHENNAI

Bench: Hon’Ble Shri Manu Kumar Giri & Shri Hon'Ble Jagadishआयकर अपील सं./ Ita Nos.1881, 1882 & 1883/Chny/2025 निर्धारण वर्ष / Assessment Years: 2016-17, 2019-20 & 2022-23 Integrated Service Point Ltd., (Formerly Integrated Service Point Vs. Pvt. Ltd.,) The Dy./Asst. Commissioner Of Income Tax, Central Circle-2(4), Chennai. 6C, 6Th Floor, Gaiety Palace I/L, Blackers Road, Anna Road H.O., Chennai - 600 002. Pan: Aaaci 9527P (अपीलार्थी/Appellant) (प्रत्यर्थी/Respondent) आयकर अपील सं./ Ita Nos.1874, 1876 & 1879/Chny/2025 निर्धारण वर्ष / Assessment Years: 2016-17, 2019-20 & 2022-23 The Dy./Asst. Commissioner Of Income Tax, Central Circle-2(4), Chennai. Integrated Service Point Ltd., (Formerly Integrated Service Point Pvt. Ltd.,) Vs. 6C, 6Th Floor, Gaiety Palace I/L, Blackers Road, Anna Road H.O., Chennai - 600 002. Pan: Aaaci 9527P (अपीलार्थी/Appellant) (प्रत्यर्थी/Respondent) अपीलार्थी की ओर से/ Assessee By : Mr. Y. Sridhar, Fca प्रत्यर्थी की ओर से /Revenue By : Mr. Bipin C.N, Cit सुनवाई की तारीख/Date Of Hearing घोषण की तारीख / Date Of Pronouncement : 13.10.2025 : 30.12.2025 :- 2 -:

disallowance: Rs.3,02,02,100/- b. Alleged bogus purchases: Rs.4,43,24,430/- c. Unexplained money under section 69A: Rs.39

HUSSAIN MOHIDEEN IBRAHIM SHA,CHENNAI vs. JACIT, CHENNAI

In the result, the appeal of the assessee is allowed

Bench: Shri Mahavir Singhand Shri G. Manjunatha

disallowed u/s.69C of the Act. In view of these arguments, he stated that the CIT(A) has rightly upheld the addition made by the AO. 4. We noted that the provisions of section 115BBE of the Act have been brought into the statute book w.e.f. 01.04.2017 by the Finance Act, 2016 and a beneficial circular has been issued by CBDT

MANIKANDAN SUBASH CHANDRA BOSE ,THIRUMANGALAM vs. THE INCOME TAX OFFICER, MADURAI

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

Bench: Shri Manu Kumar Giri, Hon’Ble & Shri S. R. Raghunatha, Hon’Bleआयकर अपील सं./Ita No.: 1452/Chny/2023 िनधा"रण वष" / Assessment Year: 2017-18 The Income Tax Officer, Manikandan Subash Chandra V. Non Corporate Ward 2(4), Bose, Madurai – 625 002. New No. 70 (Old 131), Big Bazaar Street, Thirumangalam – 625 706 [Pan: Abcpm-6497-L] (अपीलाथ"/Appellant) (""यथ"/Respondent) अपीलाथ" क" ओर से/Appellant By : Shri. B. Pratap, Ca ""यथ" क" ओर से/Respondent By : Shri. D. Hema Bhupal, Jcit सुनवाई क" तारीख/Date Of Hearing : 03.07.2024 घोषणा क" तारीख/Date Of Pronouncement : 11.09.2024 आदेश /O R D E R Per S. R. Raghunatha:

69A. 8. The appellant prays for leave to add, alter, amend or modify any or all the grounds at any time before or at the time of hearing.” 3. The brief facts of the case are that, the assessee is an individual and carrying on the business of trading in pulses and grains, filed his return of income

GOPALSAMY SATHIYAN,NAMAKKAL vs. ITO, WARD-2,, NAMAKKAL

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

Bench: Shri S.S. Viswanethra Ravi & Shri Jagadishआयकर अपील सं./I.T.A. No.582/Chny/2025 िनधा"रण वष"/Assessment Year: 2017-18 Gopalsamy Sathiyan, Vs. The Income Tax Officer, 669/2, Kuttuputhur Main Road, Ward 2, Mohanur Oruvandur Post, Namakkal. Namakkal 637 015. [Pan:Dwbps4361A] (अपीलाथ"/Appellant) (""थ"/Respondent) अपीलाथ" की ओर से / Appellant By : Shri H. Yeshwanthkumar, Ca ""थ" की ओर से/Respondent By : Shri M.P. Guru Prasad, Addl. Cit सुनवाई की तारीख/ Date Of Hearing : 22.04.2025 घोषणा की तारीख /Date Of Pronouncement : 30.04.2025 आदेश /O R D E R Per S.S. Viswanethra Ravi:

disallowed under section 69A r.w.s. 115BBE of the Act as unexplained cash deposit and added to the total income of the assessee

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE 2(2), CHENNAI, CHENNAI vs. AADHITYA FINCORP PVT LTD, CHENNAI

The appeal of the revenue is dismissed

Bench: Shri Aby T Varkey & Shri S. R. Raghunatha

69A does not apply to present transactions. 20. We have heard the rival contention and pursued the materials on record and gone through the orders of the authorities. The AO has invoked the provisions of section 40A(3) of the Act to make disallowance

SHRI DURGA DEVI MUNDHRA,CHENNAI vs. ITO, CHENNAI

The appeal stand allowed in terms of our above order

Bench: Hon’Ble Shri Mahavir Singh, Vp & Hon’Ble Shri Manoj Kumar Aggarwal, Am आयकरअपील सं./ Ita No.1228/Chny/2023 (िनधा)रण वष) / Assessment Year: 2017-18) Smt. Durga Devi Mundhra Ito बनाम Sri Vilas, 18/32, Mahalakshmi Street, Non-Corporate Ward-4(3) / Vs. T. Nagar, Chennai-600 017. Chennai. "थायीलेखासं./जीआइआरसं./Pan/Gir No. Aafpd-1061-R (अपीलाथ"/Appellant) : (" थ" / Respondent) अपीलाथ"कीओरसे/ Appellant By : Shri D. Anand (Advocate) -Ld. Ar " थ"कीओरसे/Respondent By : Shri Ar V Sreenivasan (Addl. Cit) - Ld. Sr. Dr सुनवाईकीतारीख/Date Of Hearing : 10-04-2024 घोषणाकीतारीख /Date Of Pronouncement : 25-04-2024 आदेश / O R D E R

section 37 of the Income Tax Act. The said disallowance is wrong both on law and on facts. As is evident two issues fall for our consideration i.e., (i) Addition u/s 69A

PVP VENTURES LIMITED,CHENNAI vs. DCIT, CHENNAI

In the result, the assessee’s appeal in I

Bench: Shri N.R.S. Ganesan & Shri A. Mohan Alankamonyआयकर अपील सं./Ita No.1115/Mds/2014 "नधा"रण वष" / Assessment Year : 2008-09

disallowance of bad debts is dismissed as not pressed. 9. The next ground of appeal is with regard to addition made by the Assessing Officer to the extent of `31,07,20,000/- under Section 69A

DCIT, CHENNAI vs. PVP VENTURES LTD., CHENNAI

In the result, the assessee’s appeal in I

Bench: Shri N.R.S. Ganesan & Shri A. Mohan Alankamonyआयकर अपील सं./Ita No.1115/Mds/2014 "नधा"रण वष" / Assessment Year : 2008-09

disallowance of bad debts is dismissed as not pressed. 9. The next ground of appeal is with regard to addition made by the Assessing Officer to the extent of `31,07,20,000/- under Section 69A

GOLD AK,TENKASI vs. ITO 3(3), CHENNAI

In the result, the appeals filed by the assessee are partly- allowed for statistical purposes as indicated against each of the issues

Bench: Shri Mahavir Singhand Shri Jagadish

section 40A(3) is not applicable. xi. The Learned AO/CIT(A) ought to have seen that when the gross profit is calculated on presumptive or estimation basis of turnover, disallowances u/s 40A(3) cannot once again be made. xii. The Learned AO/CIT(A) ought to have noted that the same is already factored into the gross profit calculation. 3. Brief