M/S MACRO MARVEL PROJECTS LTD.,CHENNAI vs. ITO, COMPANY WARD-IV(1), CHENNAI

In the result, the appeal filed by the assessee is allowed and the appeal filed by the Revenue is dismissed

Bench: Shri Mahavir Singhand Shri Manoj Kumar Aggarwal

c) In respect of the A.Y. 2003-04, there is no provision in section 80 IB (10) which permits commercial area within a housing project. On the basis of the above grounds, I hold that the A.O was fully justified in disallowing the appellant's claim u/s 80IB(10). The grounds of the appellant in this regard thus fail.” Aggrieved

ACIT, CHENNAI vs. M/S MACRO MARVEL PROJECTS LTD, CHENNAI

In the result, the appeal filed by the assessee is allowed and the appeal filed by the Revenue is dismissed

Bench: Shri Mahavir Singhand Shri Manoj Kumar Aggarwal

c) In respect of the A.Y. 2003-04, there is no provision in section 80 IB (10) which permits commercial area within a housing project. On the basis of the above grounds, I hold that the A.O was fully justified in disallowing the appellant's claim u/s 80IB(10). The grounds of the appellant in this regard thus fail.” Aggrieved

THE GOVT. TELE COMMUNICATION EMPLOYEES CO-OP. SOCIETY LTD.,CHENNAI vs. ITO, NCW-11(1), CHENNAI

Bench: SHRI MANU KUMAR GIRI (Judicial Member), SHRI S.R. RAGHUNATHA (Accountant Member)

10 The Assessing officer initiated penalty proceedings u/s 271(1)(c) in the aforesaid order passed on 13/04/202 for furnishing inaccurate particulars of income. During the course of penalty proceedings, the appellant had submitted its response against the proposal to levy penalty under section 271(1)(c). The Assessing officer however levied penalty of Rs.7

THE GOVT. TELE COMMUNICATION EMPLOYEES CO-OP. SOCIETY LTD.,CHENNAI vs. ITO, NCW-11(1),, CHENNAI

Bench: SHRI MANU KUMAR GIRI (Judicial Member), SHRI S.R. RAGHUNATHA (Accountant Member)

10 The Assessing officer initiated penalty proceedings u/s 271(1)(c) in the aforesaid order passed on 13/04/202 for furnishing inaccurate particulars of income. During the course of penalty proceedings, the appellant had submitted its response against the proposal to levy penalty under section 271(1)(c). The Assessing officer however levied penalty of Rs.7

THE GOVT. TELE COMMUNICATION EMPLOYEES CO-OP. SOCIETY LTD.,CHENNAI vs. ITO, NCW-11(1), CHENNAI

Bench: SHRI MANU KUMAR GIRI (Judicial Member), SHRI S.R. RAGHUNATHA (Accountant Member)

10 The Assessing officer initiated penalty proceedings u/s 271(1)(c) in the aforesaid order passed on 13/04/202 for furnishing inaccurate particulars of income. During the course of penalty proceedings, the appellant had submitted its response against the proposal to levy penalty under section 271(1)(c). The Assessing officer however levied penalty of Rs.7

THE GOVT. TELE COMMUNICATION EMPOLOYEES CO-OP. SOCIETY LTD.,CHENNAI vs. ITO, NCW-11(1), CHENNAI

Bench: SHRI MANU KUMAR GIRI (Judicial Member), SHRI S.R. RAGHUNATHA (Accountant Member)

10 The Assessing officer initiated penalty proceedings u/s 271(1)(c) in the aforesaid order passed on 13/04/202 for furnishing inaccurate particulars of income. During the course of penalty proceedings, the appellant had submitted its response against the proposal to levy penalty under section 271(1)(c). The Assessing officer however levied penalty of Rs.7

SANMAR SPECIALITY CHEMICALS LTD ( SUCCESSORS TO INTEC POLYMERS LTD),CHENNAI vs. ACIT RG 3(2),

In the result, both the appeals filed by the assessee are allowed in term of the above

801B from the "Profits and Gains of business" while computing deduction under Section 80HHC. The Appellant relies on the decision of Madras HC in the case of SCM Creations Vs ACIT, Circle I - Tirupur. (b) The learned Commissioner of Income tax (A) - III has erred in disallowing the write off of advance paid for purchase of goods. (c) The learned

SANMAR SPECIALITY CHEMICALS LTD ( SUCCESSORS TO INTEC POLYMERS LTD),CHENNAI vs. ACIT RG 3(2), MUMBAI

In the result, both the appeals filed by the assessee are allowed in term of the above

801B from the "Profits and Gains of business" while computing deduction under Section 80HHC. The Appellant relies on the decision of Madras HC in the case of SCM Creations Vs ACIT, Circle I - Tirupur. (b) The learned Commissioner of Income tax (A) - III has erred in disallowing the write off of advance paid for purchase of goods. (c) The learned

INTERNATIONAL FLAVOURS & FRAGRANCES INDIA PRIVATE LIMITED,CHENNAI vs. PRINCIPAL COMMISSIONER OF INCOME TAX, CHENNAI

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

C' BENCH, CHENNAI\nश्री मनु कुमार गिरि, न्यायिक सदस्य एवं श्री एस. आर. रघुनाथा, लेखा सदस्य के समक्ष\nBEFORE SHRI MANU KUMAR GIRI, JUDICIAL MEMBER\nAND SHRI S.R.RAGHUNATHA, ACCOUNTANT MEMBER\nआयकर अपीलसं./ITA No.268/CHNY/2025\nनिर्धारण वर्ष / Assessment Year: 2017-18\nInternational Flavours & Fragrances\nIndia Pvt. Ltd.,\nSKCL Triton Square,\n2nd Floor, C3-C7,\nThiru-vi-ka Industrial Estate, Guindy,\nChennai

ACIT, MADURAI vs. THE METAL POWDER COMPANY LTD., MADURAI

In the result, appeal of the Revenue is dismissed

Bench: Shri A.Mohan Alankamony & Shri. G. Pavan Kumar

C ” BENCH, CHENNAI "ी ए. मोहन अलंकामणी , लेखा सद"य एवं "ी जी. पवन कुमार, "या"यक सद"य के सम" BEFORE SHRI A.MOHAN ALANKAMONY, ACCOUNTANT MEMBER AND SHRI. G. PAVAN KUMAR, JUDICIAL MEMBER आयकर अपील सं./I.T.A. No. 1143/Mds/2014 "नधा"रण वष" /Assessment year : 2010-2011 The Deputy Commissioner of Vs. The Metal Powder Company Ltd, Income Tax, Maravankulam, Circle

COOPER BUSSMANN INDIA PRIVATE LIMITED,PONDICHERRY vs. ACIT, PONDICHERRY

In the result, the assessee’s appeals for the assessment years 2001-02, 2002-03, 2003-04, 2004-05, 2005-06, 2006-07, 2007-

Bench: Shri Duvvuru Rl Reddy & Shri S. Jayaramanआयकर अपील सं./I.T.A.Nos.1559 To 1563, 2592 - 2594/Chny/2014) (िनधा"रण वष" / Assessment Years: 2001-02 To 2008-09) Vs The Acit, M/S. Cooper Bussmann India Pvt. Ltd., Circle – 1, 34, Evr Street, Sedarapet, Pondicherry. Pondicherry - 605 111. Pan: Aabcs 0431R (अपीलाथ"/Appellant) (""थ"/Respondent) & आयकर अपील सं./I.T.A.Nos. 1662 & 1663/Chny/2016 & 178/Chny/2017 (िनधा"रण वष" / Assessment Years: 2009-10 To 2011-12) Vs The Jcit, M/S. Cooper Bussmann India Pvt. Ltd., Range – 1, 34, Evr Street, Sedarapet, Pondicherry. Pondicherry - 605 111. Pan: Aabcs 0431R (अपीलाथ"/Appellant) (""थ"/Respondent) अपीलाथ" क" ओर से/ Appellant By : Shri Vishal Kalra, Advocate ""यथ" क" ओर से/Respondent By : Shri M. Srinivasa Rao, Cit

disallowance U/s.80IB, the ld.AR submitted against the various findings recorded by the lower authorities issue- wise as under: 1. With regard to the finding that investment was not substantial, the ld.AR submitted that the issue of substantial investment is relevant to be examined when the undertaking manufactures same products as the old undertaking, so as to establish that the undertaking

COOPER BUSSMANN INDIA PRIVATE LIMITED,PONDICHERRY vs. ACIT, PONDICHERRY

In the result, the assessee’s appeals for the assessment years 2001-02, 2002-03, 2003-04, 2004-05, 2005-06, 2006-07, 2007-

Bench: Shri Duvvuru Rl Reddy & Shri S. Jayaramanआयकर अपील सं./I.T.A.Nos.1559 To 1563, 2592 - 2594/Chny/2014) (िनधा"रण वष" / Assessment Years: 2001-02 To 2008-09) Vs The Acit, M/S. Cooper Bussmann India Pvt. Ltd., Circle – 1, 34, Evr Street, Sedarapet, Pondicherry. Pondicherry - 605 111. Pan: Aabcs 0431R (अपीलाथ"/Appellant) (""थ"/Respondent) & आयकर अपील सं./I.T.A.Nos. 1662 & 1663/Chny/2016 & 178/Chny/2017 (िनधा"रण वष" / Assessment Years: 2009-10 To 2011-12) Vs The Jcit, M/S. Cooper Bussmann India Pvt. Ltd., Range – 1, 34, Evr Street, Sedarapet, Pondicherry. Pondicherry - 605 111. Pan: Aabcs 0431R (अपीलाथ"/Appellant) (""थ"/Respondent) अपीलाथ" क" ओर से/ Appellant By : Shri Vishal Kalra, Advocate ""यथ" क" ओर से/Respondent By : Shri M. Srinivasa Rao, Cit

disallowance U/s.80IB, the ld.AR submitted against the various findings recorded by the lower authorities issue- wise as under: 1. With regard to the finding that investment was not substantial, the ld.AR submitted that the issue of substantial investment is relevant to be examined when the undertaking manufactures same products as the old undertaking, so as to establish that the undertaking

COOPER BUSSMANN INDIA PVT. LTD.,PONDICHERRY vs. JCIT, PONDICHERRY

In the result, the assessee’s appeals for the assessment years 2001-02, 2002-03, 2003-04, 2004-05, 2005-06, 2006-07, 2007-

Bench: Shri Duvvuru Rl Reddy & Shri S. Jayaramanआयकर अपील सं./I.T.A.Nos.1559 To 1563, 2592 - 2594/Chny/2014) (िनधा"रण वष" / Assessment Years: 2001-02 To 2008-09) Vs The Acit, M/S. Cooper Bussmann India Pvt. Ltd., Circle – 1, 34, Evr Street, Sedarapet, Pondicherry. Pondicherry - 605 111. Pan: Aabcs 0431R (अपीलाथ"/Appellant) (""थ"/Respondent) & आयकर अपील सं./I.T.A.Nos. 1662 & 1663/Chny/2016 & 178/Chny/2017 (िनधा"रण वष" / Assessment Years: 2009-10 To 2011-12) Vs The Jcit, M/S. Cooper Bussmann India Pvt. Ltd., Range – 1, 34, Evr Street, Sedarapet, Pondicherry. Pondicherry - 605 111. Pan: Aabcs 0431R (अपीलाथ"/Appellant) (""थ"/Respondent) अपीलाथ" क" ओर से/ Appellant By : Shri Vishal Kalra, Advocate ""यथ" क" ओर से/Respondent By : Shri M. Srinivasa Rao, Cit

disallowance U/s.80IB, the ld.AR submitted against the various findings recorded by the lower authorities issue- wise as under: 1. With regard to the finding that investment was not substantial, the ld.AR submitted that the issue of substantial investment is relevant to be examined when the undertaking manufactures same products as the old undertaking, so as to establish that the undertaking