SHRIRAM OWNERSHIP TRUST,CHENNAI vs. DCIT, CHENNAI

In the result, the appeals of the assessee for both

Bench: Shri N.R.S. Ganesan & Shri Abraham P. George] आयकर अपील सं./I.T.A. Nos. 406 & 407/Mds/2017 "नधा"रण वष" /Assessment Years : 2013-2014 & 2014-2015. Shriram Ownership Trust, Vs. The Deputy Commissioner Of No.4, Shriram House, I Floor, Income Tax, Burkit Road, T. Nagar, Non Corporate Circle 2, Chennai 600 017. Chennai 600 034. [Pan Aagts 2243H] (अपीलाथ"/Appellant) (""यथ"/Respondent)

House, I floor, Income Tax, Burkit Road, T. Nagar, Non Corporate Circle 2, Chennai 600 017. Chennai 600 034. [PAN AAGTS 2243H] (अपीलाथ"/Appellant) (""यथ"/Respondent) अपीलाथ" क" ओर से/ Appellant by : Shri. R. Sivaraman, Advocate ""यथ" क" ओर से /Respondent by : Shri. Shaji P. Jacob, IRS, Addl. CIT. : 22-06-2017 सुनवाई क" तार"ख/Date of Hearing घोषणा

DYNACON EQUIPMENTS PVT. LTD.,CHENNAI vs. ACIT CORPORATE CIRCLE 1(4), CHENNAI

In the result, the appeal filed by assessee in ITA

Bench: Shri Ramit Kochar & Shri Duvvuru R.L.Reddy

Section 14 of the 1961 Act , so that Revenue gets its legitimate share of correct taxes due from tax- payer for every assessment year. Since, we have held that rental income from the said factory land , building constructed thereon and 2 generators installed thereon shall be chargeable to income-tax under the head ‘Income from House Property’ and hence

DYNACON EQUIPMENTS PVT LTD.,CHENNAI vs. ACIT CORPORATE CIRCLE 1(4), CHENNAI

In the result, the appeal filed by assessee in ITA

Bench: Shri Ramit Kochar & Shri Duvvuru R.L.Reddy

Section 14 of the 1961 Act , so that Revenue gets its legitimate share of correct taxes due from tax- payer for every assessment year. Since, we have held that rental income from the said factory land , building constructed thereon and 2 generators installed thereon shall be chargeable to income-tax under the head ‘Income from House Property’ and hence

LATE S. YOGARATHINAM, REP. BY L/H Y. SHANMUGA DURAI,CHENNAI vs. ACIT, CIRCLE-1(2), CHENNAI

In the result the appeal of the assessee is allowed

Bench: Shri George George Kand Shri S.R. Raghunathaआयकर अपील सं./Ita No.:626/Chny/2024 िनधा"रण वष"/Assessment Year:2010-11 Shri Y. Shanmuga Durai, L/H Of Acit Late S.Yogarathinam Vs. Circle -1(2) Old No.24, No.14, Chennai. 17/24, Ramanathan Street, T.Nagar, Chennai-600 017. Pan: Aakpy-9845-P (अपीलाथ"/Appellant) (""यथ"/Respondent) अपीलाथ"क"ओरसे/Appellant By : Mr. N. Arjun Raj, Advocate ""यथ"क"ओरसे/Respondent By : Mr. Ar.V. Sreenivasan, Cit सुनवाई क" तारीख/Date Of Hearing : 06.03.2025 घोषणा क" तारीख/Date Of Pronouncement : 17.03.2025

house property - Rs.1,34,15,885/- b) Income from other sources (commission) - Rs. 15,000/- c) Income from other sources (agrl) - Rs. 1,50,000/- d) Short term capital gain - Rs.4,74,82,926/- e) Long term capital gain - Rs.6,48,31,420/- 4. In the said order, the AO has observed that the assessee and his brother Shri

AVM CHARITIES,CHENNAI vs. ITO, EXEMPTION WARD, CHENNAI

In the result, appeals filed by the assessee for AYs 2012-13 to 2014-15 are allowed and appeals filed by the assessee for AYs 2015-16 to 2018-19 are partly allowed

Bench: Shri V. Durga Rao, Hon’Ble & Shri Manjunatha. G, Hon’Ble

164(2) of the Act. 11. For that the Learned Commissioner of Income Tax (Appeals) erred in confirming the action of Assessing Officer for invoking the provisions of section 13(1)(c) of the Act with respect to the renting of immovable property to M/s.Cine Film Distributors without appreciating the fact that construction costs were incurred by M/s.Cine Film Distributors

M/S AVM CHARITIES,CHENNAI vs. ITO, EXEMPTION WARD, CHENNAI

In the result, appeals filed by the assessee for AYs 2012-13 to 2014-15 are allowed and appeals filed by the assessee for AYs 2015-16 to 2018-19 are partly allowed

Bench: Shri V. Durga Rao, Hon’Ble & Shri Manjunatha. G, Hon’Ble

164(2) of the Act. 11. For that the Learned Commissioner of Income Tax (Appeals) erred in confirming the action of Assessing Officer for invoking the provisions of section 13(1)(c) of the Act with respect to the renting of immovable property to M/s.Cine Film Distributors without appreciating the fact that construction costs were incurred by M/s.Cine Film Distributors

M/S AVM CHARITIES,CHENNAI vs. ITO,EXEMPTION WARD, CHENNAI

In the result, appeals filed by the assessee for AYs 2012-13 to 2014-15 are allowed and appeals filed by the assessee for AYs 2015-16 to 2018-19 are partly allowed

Bench: Shri V. Durga Rao, Hon’Ble & Shri Manjunatha. G, Hon’Ble

164(2) of the Act. 11. For that the Learned Commissioner of Income Tax (Appeals) erred in confirming the action of Assessing Officer for invoking the provisions of section 13(1)(c) of the Act with respect to the renting of immovable property to M/s.Cine Film Distributors without appreciating the fact that construction costs were incurred by M/s.Cine Film Distributors

AVM CHARITIES,CHENNAI vs. ITO, EXEMPTIONS WARD, CHENNAI

In the result, appeals filed by the assessee for AYs 2012-13 to 2014-15 are allowed and appeals filed by the assessee for AYs 2015-16 to 2018-19 are partly allowed

Bench: Shri V. Durga Rao, Hon’Ble & Shri Manjunatha. G, Hon’Ble

164(2) of the Act. 11. For that the Learned Commissioner of Income Tax (Appeals) erred in confirming the action of Assessing Officer for invoking the provisions of section 13(1)(c) of the Act with respect to the renting of immovable property to M/s.Cine Film Distributors without appreciating the fact that construction costs were incurred by M/s.Cine Film Distributors

M/S. A V M CHARITIES,CHENNAI vs. ITO, EXEMPTIONS WARD-1, CHENNAI, CHENNAI

In the result, appeals filed by the assessee for AYs 2012-13 to 2014-15 are allowed and appeals filed by the assessee for AYs 2015-16 to 2018-19 are partly allowed

Bench: Shri V. Durga Rao, Hon’Ble & Shri Manjunatha. G, Hon’Ble

164(2) of the Act. 11. For that the Learned Commissioner of Income Tax (Appeals) erred in confirming the action of Assessing Officer for invoking the provisions of section 13(1)(c) of the Act with respect to the renting of immovable property to M/s.Cine Film Distributors without appreciating the fact that construction costs were incurred by M/s.Cine Film Distributors

M/S AVM CHARITIES ,CHENNAI vs. ITO,EXEMPTIONS WARD-1, CHENNAI

In the result, appeals filed by the assessee for AYs 2012-13 to 2014-15 are allowed and appeals filed by the assessee for AYs 2015-16 to 2018-19 are partly allowed

Bench: Shri V. Durga Rao, Hon’Ble & Shri Manjunatha. G, Hon’Ble

164(2) of the Act. 11. For that the Learned Commissioner of Income Tax (Appeals) erred in confirming the action of Assessing Officer for invoking the provisions of section 13(1)(c) of the Act with respect to the renting of immovable property to M/s.Cine Film Distributors without appreciating the fact that construction costs were incurred by M/s.Cine Film Distributors

M/S AVM CHARITIES,CHENNAI vs. ITO, EXEMPTIONS WARD-1, CHENNAI

In the result, appeals filed by the assessee for AYs 2012-13 to 2014-15 are allowed and appeals filed by the assessee for AYs 2015-16 to 2018-19 are partly allowed

Bench: Shri V. Durga Rao, Hon’Ble & Shri Manjunatha. G, Hon’Ble

164(2) of the Act. 11. For that the Learned Commissioner of Income Tax (Appeals) erred in confirming the action of Assessing Officer for invoking the provisions of section 13(1)(c) of the Act with respect to the renting of immovable property to M/s.Cine Film Distributors without appreciating the fact that construction costs were incurred by M/s.Cine Film Distributors

AADARSH SURANA, CHENNAI,CHENNAI vs. DEPUTY COMMISSIONER OF INCOME TAX, CORPORATE CIRCLE 1(1), CHENNAI, CHENNAI

In the result, the appeal of the assessee is allowed

house property of Rs.7,000/– and income from other sources of Rs.14,826/-. The case was selected for limited scrutiny assessment for verification of the following issues: - i. Expenses incurred for earning exempt income ii. Share capital/capital 6. Consequently, notice u/s.143(2) of the Act was issued on 28.08.2018, followed by multiple notices u/s.142(1) of the Act. 7. During

SHRI V. NATARAJAN (INDIVIDUAL),RASIPURAM vs. ACIT, CENTRAL CIRCLE,, SALEM

In the result, both the appeals of assessee in ITA No

Bench: Shri Manu Kumar Giri & Shri Jagadishआयकर अपील सं./Ita Nos.1535 & 1801/Chny/2024 ननिाारण वर्ा/Assessment Years: 2016-17 & 2015-16 V. Varadappan Natarajan/ The Acit, V. Natarajan (Individual), Central Circle, No.64-C, Rotary Nagar, Salem. Rasipuram Tamil Nadu-637 408. [Pan: Acgpn1477Q] (अपीलार्थी/Appellant) (प्रत्यर्थी/Respondent) अपीलार्थी की ओर से/ Appellant By : Mr.T.S. Lakshmi Venkataraman, Fca (Virtual) प्रत्यर्थी की ओर से /Respondent By : Mr.Shiva Srinivas, Cit सुनवाईकीतारीख/Date Of Hearing : 09.10.2025 घोर्णाकीतारीख /Date Of Pronouncement : 31.10.2025

House property. Therefore, claim of appellant that just because AO happened to not make disallowance during previous year, same disallowance can't be made for current year does not sound reasonable. Therefore, I am of considered view that AO has correctly made disallowance of interest Rs.14,94,644/- which has no nexus with earning ITA Nos.1535 & 1801/Chny/2024

VARADAPPAN NATARAJAN,RASIPURAM vs. ACIT, CENTRAL CIRCLE,, SALEM

In the result, both the appeals of assessee in ITA No

Bench: Shri Manu Kumar Giri & Shri Jagadishआयकर अपील सं./Ita Nos.1535 & 1801/Chny/2024 ननिाारण वर्ा/Assessment Years: 2016-17 & 2015-16 V. Varadappan Natarajan/ The Acit, V. Natarajan (Individual), Central Circle, No.64-C, Rotary Nagar, Salem. Rasipuram Tamil Nadu-637 408. [Pan: Acgpn1477Q] (अपीलार्थी/Appellant) (प्रत्यर्थी/Respondent) अपीलार्थी की ओर से/ Appellant By : Mr.T.S. Lakshmi Venkataraman, Fca (Virtual) प्रत्यर्थी की ओर से /Respondent By : Mr.Shiva Srinivas, Cit सुनवाईकीतारीख/Date Of Hearing : 09.10.2025 घोर्णाकीतारीख /Date Of Pronouncement : 31.10.2025

House property. Therefore, claim of appellant that just because AO happened to not make disallowance during previous year, same disallowance can't be made for current year does not sound reasonable. Therefore, I am of considered view that AO has correctly made disallowance of interest Rs.14,94,644/- which has no nexus with earning ITA Nos.1535 & 1801/Chny/2024

M/S. SIVANANDHA MILLS LTD.,COIMBATORE vs. DCIT, COIMBATORE

In the result, ITA No.2106/Mds/13 is partly allowed for statistical purposes

Bench: Shri Chandra Poojari & Shri G. Pavan Kumar

164/-. The return was initially processed u/s 143(1) of the Income Tax Act, 1961. The case was selected for scrutiny and a notice u/s 143 (2) was issued on 15/09/2011. It is observed that the Assessee company had been incurring losses, since late eighties. There was a strike resorted to by the Labour union of the Assessee Company

SIVANANDHA MILLS LIMITED,COIMBATORE vs. ACIT, COIMBATORE

In the result, ITA No.2106/Mds/13 is partly allowed for statistical purposes

Bench: Shri Chandra Poojari & Shri G. Pavan Kumar

164/-. The return was initially processed u/s 143(1) of the Income Tax Act, 1961. The case was selected for scrutiny and a notice u/s 143 (2) was issued on 15/09/2011. It is observed that the Assessee company had been incurring losses, since late eighties. There was a strike resorted to by the Labour union of the Assessee Company

DCIT, CHENNAI vs. M/S. WILLINGDON CHARITABLE TRUST, CHENNAI

In the result, both the appeals of the Revenue are dismissed

Bench: Shri N.R.S. Ganesan & Shri A. Mohan Alankamony

House, Chennai Circle, Raja Annamalai Puram, Chennai - 600 034. Chennai - 600 028. PAN : AAATT 0683 N (अपीलाथ"/Appellant) (""यथ"/Respondent) आयकर अपील सं./ITA Nos.3021, 3022, 3023, 3024, 3025 & 3026/Chny/2016 "नधा"रण वष" / Assessment Years : 2006-07, 2009-10, 2010-11, 2012-13 & 2013-14 M/s The Willingdon Charitable Trust, C/o Shri S. Sridhar, The Deputy Commissioner

THE WILLINGDON CHARITABLE TRUST,CHENNAI vs. DDIT, CHENNAI

In the result, both the appeals of the Revenue are dismissed

Bench: Shri N.R.S. Ganesan & Shri A. Mohan Alankamony

House, Chennai Circle, Raja Annamalai Puram, Chennai - 600 034. Chennai - 600 028. PAN : AAATT 0683 N (अपीलाथ"/Appellant) (""यथ"/Respondent) आयकर अपील सं./ITA Nos.3021, 3022, 3023, 3024, 3025 & 3026/Chny/2016 "नधा"रण वष" / Assessment Years : 2006-07, 2009-10, 2010-11, 2012-13 & 2013-14 M/s The Willingdon Charitable Trust, C/o Shri S. Sridhar, The Deputy Commissioner

THE WILLINGDON CHARITABLE TRUST,CHENNAI vs. DCIT, CHENNAI

In the result, both the appeals of the Revenue are dismissed

Bench: Shri N.R.S. Ganesan & Shri A. Mohan Alankamony

House, Chennai Circle, Raja Annamalai Puram, Chennai - 600 034. Chennai - 600 028. PAN : AAATT 0683 N (अपीलाथ"/Appellant) (""यथ"/Respondent) आयकर अपील सं./ITA Nos.3021, 3022, 3023, 3024, 3025 & 3026/Chny/2016 "नधा"रण वष" / Assessment Years : 2006-07, 2009-10, 2010-11, 2012-13 & 2013-14 M/s The Willingdon Charitable Trust, C/o Shri S. Sridhar, The Deputy Commissioner