RAMAKRISHNAN PRABHU JYOTHI,,COIMBATORE vs. ACOT, NCC-5, , COIMBATORE

In the result the appeal is dismissed

100 and\nupwards to or in immovable property.\nSection 49 of the said Act provides that no document required by Section\n17 to be registered shall, affect any immovable property comprised therein\nor received as evidence of any transaction affected such property, unless it\nhas been registered. Registration of a document gives notice to the world\nthat such a document

THANUSHKODI NARAYANAN,CHENNAI vs. DCIT, CENTRAL CIRCLE-3(2), CHENNAI

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

100 18.630 43,470\n4 BAKTHA REDDY GARDEN Deemed Let Out 60,000 18,000 42.000 60,000 18,000 42,000\n5 PONNIAMMAN KOIL STREET Deemed Let Out 24,000 7,200 16,800 24,000 7,200 16,800\n6 NAVIN S BUILDING, NO.76, MEDAVAKKAM MA IN ROAD, MADIPAKKAM, CHENNAI-600091 Deemed

THANUSHKODI NARAYANAN,CHENNAI vs. DCIT, CENTRAL CIRCLE-3(2), CHENNAI

section 153A of the Act. This is consistent with the legal\nposition explained in both CIT v. Kabul Chawla (supra) (which still holds the field)\nand Pr. CIT v. Meeta Gutgutia Proprietor Ferns 'N' Petals (supra). Dr. Rakesh\nGupta, learned counsel for the Assessee appearing on advance notice produced\nbefore this Court copy of an order dated 2nd July

C.R.PARTHIBAN,CHENNAI vs. ITO, CHENNAI

In the result, the appeal of the Assessee it is dismissed

Bench: Shri Mahavir Singhand Dr. M.L. Meenaआयकर अपील सं./Ita No.:1023/Chny/2017 िनधा"रण वष"/Assessment Year: 2012 - 2013

100/- in a land measuring 4600 Sq.ft on 06.06.2011, well prior to the sale of the residential house for Rs.1,50,00,000/-. The Assessee has declared a capital gain of Rs.2,04,054/- on the sale of the original asset, after claiming the investment in residential house of Rs.1,00,00,000/-. In making the investment claim, the Assessee

DEVICHAND KANTHILAL SHAH,CHENNAI vs. ITO, CHENNAI

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

Bench: Shri N.R.S. Ganesan & Shri A. Mohan Alankamonyआयकर अपील सं./Ita No.3353/Mds/2016 "नधा"रण वष" / Assessment Year : 2013-14 Shri Devichand Kanthilal Shah, The Income Tax Officer, No.7, Nungambakkam High Road, V. Non Corporate Ward - 3(4), Nungambakkam, Chennai - 600 034. Chennai - 600 034. Pan : Aagps 1965 A (अपीलाथ"/Appellant) (""यथ"/Respondent)

house only after the sale of existing property, therefore, he disallowed the claim of the assessee. 4. Shri D. Anand, the Ld.counsel for the assessee, further submitted that in view of agreement between the parties on 09.04.2012, there was a transfer of property as contemplated under Section 2(47) of the Act read with Section 53A of the Transfer

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)

Housing Finance Ltd. (IIFL-HFC) but no TDS was deducted thereon under the provisions of section 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

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)

Housing Finance Ltd. (IIFL-HFC) but no TDS was deducted thereon under the provisions of section 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

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)

Housing Finance Ltd. (IIFL-HFC) but no TDS was deducted thereon under the provisions of section 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

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)

Housing Finance Ltd. (IIFL-HFC) but no TDS was deducted thereon under the provisions of section 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

DCIT, CHENNAI vs. ACCEL LIMITED, CHENNAI

In the result, all the appeals filed by the Revenue and the CO filed by the assessee are dismissed

Bench: Shri S.S. Viswanethra Ravi & Shri Jagadishआयकर अपील सं./I.T.A. Nos.1910, 2167, 2168 & 2169/Chny/2019 िनधा"रण वष"/Assessment Years: 2007-08, 2012-13, 2013-14 & 2014-15 & C.O. No. 4/Chny/2020 [In Ita No. 2167/Chny/2019 The Deputy Commissioner Of Vs. M/S. Accel Limited, Income Tax, Corporate Circle 1(1), No. 75, Nelson Manickam Road, Chennai 600 034. Aminjikarai, Chennai 600 029. [Pan: Aaaca3042P] (अपीलाथ"/Appellant) (""थ"/Respondent/Cross Objector) Department By : Shri G. Suresh, Jcit Assessee By : None सुनवाई की तारीख/ Date Of Hearing : 04.07.2024 घोषणा की तारीख /Date Of Pronouncement : 07.08.2024 आदेश /O R D E R Per S.S. Viswanethra Ravi: These Four Appeals Filed By The Department Are Directed Against Two Different Orders Both Dated 29.03.2019 Passed By The Ld. Commissioner Of Income Tax (Appeals) 1, Chennai For The Assessment Years 2007-08, 2012-13, 2013-14 & 2014-15. 2. None Appeared On Behalf Of The Assessee Nor Filed Any Application Seeking Adjournment. Thus, The Assessee Called Absent & Treated Exparte.

section 143(2) of the Income Tax Act, 1961 [“Act” in short] was issued and in response to which, the Authorised Representative of the assessee appeared. On an examination of the details as filed by the assessee, the Assessing Officer found the claim of deduction on account of payment of interest towards property loan. The Assessing Officer disallowed the same

DCIT, CORPORATE CIRCLE - 1 (1),, CHENNAI vs. M/S. ACCEL LTD.,, CHENNAI

In the result, all the appeals filed by the Revenue and the CO filed by the assessee are dismissed

Bench: Shri S.S. Viswanethra Ravi & Shri Jagadishआयकर अपील सं./I.T.A. Nos.1910, 2167, 2168 & 2169/Chny/2019 िनधा"रण वष"/Assessment Years: 2007-08, 2012-13, 2013-14 & 2014-15 & C.O. No. 4/Chny/2020 [In Ita No. 2167/Chny/2019 The Deputy Commissioner Of Vs. M/S. Accel Limited, Income Tax, Corporate Circle 1(1), No. 75, Nelson Manickam Road, Chennai 600 034. Aminjikarai, Chennai 600 029. [Pan: Aaaca3042P] (अपीलाथ"/Appellant) (""थ"/Respondent/Cross Objector) Department By : Shri G. Suresh, Jcit Assessee By : None सुनवाई की तारीख/ Date Of Hearing : 04.07.2024 घोषणा की तारीख /Date Of Pronouncement : 07.08.2024 आदेश /O R D E R Per S.S. Viswanethra Ravi: These Four Appeals Filed By The Department Are Directed Against Two Different Orders Both Dated 29.03.2019 Passed By The Ld. Commissioner Of Income Tax (Appeals) 1, Chennai For The Assessment Years 2007-08, 2012-13, 2013-14 & 2014-15. 2. None Appeared On Behalf Of The Assessee Nor Filed Any Application Seeking Adjournment. Thus, The Assessee Called Absent & Treated Exparte.

section 143(2) of the Income Tax Act, 1961 [“Act” in short] was issued and in response to which, the Authorised Representative of the assessee appeared. On an examination of the details as filed by the assessee, the Assessing Officer found the claim of deduction on account of payment of interest towards property loan. The Assessing Officer disallowed the same

DCIT, CORPORATE CIRCLE - 1 (1),, CHENNAI vs. M/S. ACCEL LTD.,, CHENNAI

In the result, all the appeals filed by the Revenue and the CO filed by the assessee are dismissed

Bench: Shri S.S. Viswanethra Ravi & Shri Jagadishआयकर अपील सं./I.T.A. Nos.1910, 2167, 2168 & 2169/Chny/2019 िनधा"रण वष"/Assessment Years: 2007-08, 2012-13, 2013-14 & 2014-15 & C.O. No. 4/Chny/2020 [In Ita No. 2167/Chny/2019 The Deputy Commissioner Of Vs. M/S. Accel Limited, Income Tax, Corporate Circle 1(1), No. 75, Nelson Manickam Road, Chennai 600 034. Aminjikarai, Chennai 600 029. [Pan: Aaaca3042P] (अपीलाथ"/Appellant) (""थ"/Respondent/Cross Objector) Department By : Shri G. Suresh, Jcit Assessee By : None सुनवाई की तारीख/ Date Of Hearing : 04.07.2024 घोषणा की तारीख /Date Of Pronouncement : 07.08.2024 आदेश /O R D E R Per S.S. Viswanethra Ravi: These Four Appeals Filed By The Department Are Directed Against Two Different Orders Both Dated 29.03.2019 Passed By The Ld. Commissioner Of Income Tax (Appeals) 1, Chennai For The Assessment Years 2007-08, 2012-13, 2013-14 & 2014-15. 2. None Appeared On Behalf Of The Assessee Nor Filed Any Application Seeking Adjournment. Thus, The Assessee Called Absent & Treated Exparte.

section 143(2) of the Income Tax Act, 1961 [“Act” in short] was issued and in response to which, the Authorised Representative of the assessee appeared. On an examination of the details as filed by the assessee, the Assessing Officer found the claim of deduction on account of payment of interest towards property loan. The Assessing Officer disallowed the same

DCIT, CORPORATE CIRCLE - 1 (1),, CHENNAI vs. M/S. ACCEL LTD.,, CHENNAI

In the result, all the appeals filed by the Revenue and the CO filed by the assessee are dismissed

Bench: Shri S.S. Viswanethra Ravi & Shri Jagadishआयकर अपील सं./I.T.A. Nos.1910, 2167, 2168 & 2169/Chny/2019 िनधा"रण वष"/Assessment Years: 2007-08, 2012-13, 2013-14 & 2014-15 & C.O. No. 4/Chny/2020 [In Ita No. 2167/Chny/2019 The Deputy Commissioner Of Vs. M/S. Accel Limited, Income Tax, Corporate Circle 1(1), No. 75, Nelson Manickam Road, Chennai 600 034. Aminjikarai, Chennai 600 029. [Pan: Aaaca3042P] (अपीलाथ"/Appellant) (""थ"/Respondent/Cross Objector) Department By : Shri G. Suresh, Jcit Assessee By : None सुनवाई की तारीख/ Date Of Hearing : 04.07.2024 घोषणा की तारीख /Date Of Pronouncement : 07.08.2024 आदेश /O R D E R Per S.S. Viswanethra Ravi: These Four Appeals Filed By The Department Are Directed Against Two Different Orders Both Dated 29.03.2019 Passed By The Ld. Commissioner Of Income Tax (Appeals) 1, Chennai For The Assessment Years 2007-08, 2012-13, 2013-14 & 2014-15. 2. None Appeared On Behalf Of The Assessee Nor Filed Any Application Seeking Adjournment. Thus, The Assessee Called Absent & Treated Exparte.

section 143(2) of the Income Tax Act, 1961 [“Act” in short] was issued and in response to which, the Authorised Representative of the assessee appeared. On an examination of the details as filed by the assessee, the Assessing Officer found the claim of deduction on account of payment of interest towards property loan. The Assessing Officer disallowed the same

MR. THIRUMANI,CHENNAI vs. ACIT, NCC-6(1), CHENNAI

In the result, the appeal of the assessee is allowed

Bench: Shri S.S. Viswanethra Ravi & Shri S. R. Raghunathaआयकर अपील सं./Ita No.:3351/Chny/2024 िनधा$रण वष$ / Assessment Year: 2016-17 Thirumani, Acit, 260/1, Mint Street, Park Town, Vs. Non-Corporate Circle 6(1), Chennai – 600 003. Chennai – 600 034. [Pan: Aagpt-7541-K] (अपीलाथ&/Appellant) ('(थ&/Respondent)

house de hors these facilities. These facilities could come in due course and make the property more habitable. The section does not lay down any standards of habitation like existence of civic amenities etc. Besides the above, the undisputed factual position is that there was a constructed shed of 100

ITO, CHENNAI vs. R.AISHWARYA, CHENNAI

In the result, the appeal of the Revenue stands dismissed

Bench: Shri Abraham P. George & Shri G. Pavan Kumarआयकर अपील सं./I.T.A. No. 1120/Mds/2016. "नधा"रण वष" /Assessment Year : 2011-2012. The Income Tax Officer, Vs. Smt. R. Aishwarya, Non Corporate Ward 3(1) No.18, Raghave Veera Avenue, Chennai Poes Garden, Chennai 600 086. [Pan Aevpa2044K] (अपीलाथ"/Appellant) (""यथ"/Respondent)

100/- Indexed cost of acquisition : "2,52,24,191/- Interest on housing loan : " 63,98,540/- --------------------- Long term capital gain : " 3,77,269/- ---------------------- Ld. Assessing Officer was of the opinion that interest of "63,98,540/- on the housing loan paid by the assessee, for the period starting from the date of purchase and ending on the date of sale

R.SRINIVASAN -HUF,CHENNAI vs. ITO, TRICHY

Bench: Shri Chandra Poojari & Shri G. Pavan Kumar

section 54F, as held out in various Judicial Pronouncements. 5. Without prejudice to above claim of full exemption of LTCG, it is submitted that the Learned Commissioner of Income Tax (Appeals) erred in not considering the plea of the Appellant to consider the full value of the investment of Rs 17,31,975/- in the new house property whereas

SHRI A. IMITIAZ,,MADURAI vs. ITO, NCW - 2 (2),, MADURAI

In the result, all the appeals filed by the assessees are allowed for statistical purposes

Bench: Shri V. Durga Rao & Shri G. Manjunathaआयकर अपील सं./I.T.A. No.203/Chny/2020 िनधा"रण वष"/Assessment Years: 2012-13 Shri I. Gulam, Vs. The Income Tax Officer, No. 231, K.K. Nagar, Non Corporate Ward 2(2), Madurai 625 020. No. 2, V.P. Rathinasamy Nadar Road, [Pan:Bacpg6476P] Bibikulam, Madurai 625 002. (अपीलाथ"/Appellant) (""थ"/Respondent) आयकर अपील सं./I.T.A. No.204/Chny/2020 िनधा"रण वष"/Assessment Years: 2012-13 Shri I. Fakhrudeen, Vs. The Income Tax Officer, No. 231, K.K. Nagar, Non Corporate Ward 2(2), Madurai 625 020 No. 2, V.P. Rathinasamy Nadar Road, [Pan: Aaxpf5259M] Bibikulam, Madurai 625 002. (अपीलाथ"/Appellant) (""थ"/Respondent) आयकर अपील सं./I.T.A. No.205/Chny/2020 िनधा"रण वष"/Assessment Years: 2012-13 Smt. Halima, W/O Shri A. Imitiaz, Vs. The Income Tax Officer, No. 231, K.K. Nagar, Non Corporate Ward 2(2), Madurai 625 020 No. 2, V.P. Rathinasamy Nadar Road, [Pan: Aacph1491G] Bibikulam, Madurai 625 002. (अपीलाथ"/Appellant) (""थ"/Respondent) आयकर अपील सं./I.T.A. No.206/Chny/2020 िनधा"रण वष"/Assessment Years: 2012-13 Shri A. Imitiaz, Vs. The Income Tax Officer, No. 231, K.K. Nagar, Non Corporate Ward 2(2), Madurai 625 020 No. 2, V.P. Rathinasamy Nadar Road, [Pan: Aadpi4938E] Bibikulam, Madurai 625 002. (अपीलाथ"/Appellant) (""थ"/Respondent)

house and thus qualifies for exemption under section 54 of the Income Tax Act, 1961. The Appellant craves to adduce further grounds at the time of hearing.” 2. Brief facts of the case are that all the four assessees are members of the same family. Smt. Halima obtained the property measuring 4,400 sq. ft from her father Shri

SHRI I. GULAM,,MADURAI vs. ITO, NCW - 2(2), , MADURAI

In the result, all the appeals filed by the assessees are allowed for statistical purposes

Bench: Shri V. Durga Rao & Shri G. Manjunathaआयकर अपील सं./I.T.A. No.203/Chny/2020 िनधा"रण वष"/Assessment Years: 2012-13 Shri I. Gulam, Vs. The Income Tax Officer, No. 231, K.K. Nagar, Non Corporate Ward 2(2), Madurai 625 020. No. 2, V.P. Rathinasamy Nadar Road, [Pan:Bacpg6476P] Bibikulam, Madurai 625 002. (अपीलाथ"/Appellant) (""थ"/Respondent) आयकर अपील सं./I.T.A. No.204/Chny/2020 िनधा"रण वष"/Assessment Years: 2012-13 Shri I. Fakhrudeen, Vs. The Income Tax Officer, No. 231, K.K. Nagar, Non Corporate Ward 2(2), Madurai 625 020 No. 2, V.P. Rathinasamy Nadar Road, [Pan: Aaxpf5259M] Bibikulam, Madurai 625 002. (अपीलाथ"/Appellant) (""थ"/Respondent) आयकर अपील सं./I.T.A. No.205/Chny/2020 िनधा"रण वष"/Assessment Years: 2012-13 Smt. Halima, W/O Shri A. Imitiaz, Vs. The Income Tax Officer, No. 231, K.K. Nagar, Non Corporate Ward 2(2), Madurai 625 020 No. 2, V.P. Rathinasamy Nadar Road, [Pan: Aacph1491G] Bibikulam, Madurai 625 002. (अपीलाथ"/Appellant) (""थ"/Respondent) आयकर अपील सं./I.T.A. No.206/Chny/2020 िनधा"रण वष"/Assessment Years: 2012-13 Shri A. Imitiaz, Vs. The Income Tax Officer, No. 231, K.K. Nagar, Non Corporate Ward 2(2), Madurai 625 020 No. 2, V.P. Rathinasamy Nadar Road, [Pan: Aadpi4938E] Bibikulam, Madurai 625 002. (अपीलाथ"/Appellant) (""थ"/Respondent)

house and thus qualifies for exemption under section 54 of the Income Tax Act, 1961. The Appellant craves to adduce further grounds at the time of hearing.” 2. Brief facts of the case are that all the four assessees are members of the same family. Smt. Halima obtained the property measuring 4,400 sq. ft from her father Shri