TNCP LLP.,COIMBATORE vs. ITO, NCW-1(1), COIMBATORE

In the result, the quantum\nNo

property attracting the provisions of\nsection 23(1) of the Act, after providing standard deduction at 30%.\nFurthermore, the AO proposed to disallow the certain payments / contributions\nof Provident Fund/ESI received from employee which were deposited by the\nassessee beyond the due date of making payment to such relevant funds within\nthe meaning of section 36(1)(va) r.w.s

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

House Property\n1. Commercial property at Ponniamman\nKoil Street, Madipakkam\nRs. 48,000\nLess 30% standard Deduction\nRs. 14,400\nRs.23,600\n2. Residential Property at Selaiyur\nRs. 1,20,000\nLess 30% standard Deduction\n3. Navin Building, Madipakkam\nLess 30% standard Deduction\nRs. 36,000\nRs. 1,20,000\nRs. 36,000\nRs.84,000\nRs.84,000\n4. Sadasivam Nagar

TNCD LLP.,COIMBATORE vs. ITO, NCW-1(1), CHENNAI

In the result, the quantum appeal of the assessee in ITA

Bench: Shri Manu Kumar Giri & Shri S.R.Raghunathaआयकर अपील सं./Ita Nos.:2602 & 2603/Chny/2025 िनधा#रण वष# / Assessment Year: 2018-19 Tncd Llp, Ito, 126, Kg House, Vs. Non Corporate Ward -1(1), Arts College Road, Coimbatore. Coimbatore – 641 018. [Pan:Aagft-8799-R] (अपीलाथ%/Appellant) (&'थ%/Respondent) अपीलाथ% की ओर से/Appellant By : Shri. N. Arjun Raj, Advocate &'थ% की ओर से/Respondent By : Ms. R. Anitha, Addl.C.I.T. सुनवाई की तारीख/Date Of Hearing : 20.11.2025 घोषणा की तारीख/Date Of Pronouncement : 11.02.2026 आदेश /O R D E R

property attracting the provisions of section 23(1) of the Act, after providing standard deduction at 30%. Furthermore, the AO proposed to disallow the certain payments / contributions of Provident Fund/ESI received from employee which were deposited by the assessee beyond the due date of making payment to such relevant funds within the meaning of section 36(1)(va) r.w.s

SHRI RAMESH ALLADA,USA vs. ITO,INTNL. TAXN.1(1), CHENNAI

In the result, both the appeals of the assessee are partly allowed

Bench: Shri Mahavir Singhand Shri Manoj Kumar Aggarwalआयकर अपील सं./Ita No.781/Chny/2022 िनधा"रण वष" /Assessment Years: 2019-20 Shri Suresh Allada, The Income Tax Officer, 2, Wildcherry Street, Vs. International Taxation Ward-1(1), Maribyrnong, Chennai. Victoria -3032. Australia. [Pan: Bqppa-1954-B] (अपीलाथ"/Appellant) (""यथ"/Respondent) आयकर अपील सं./Ita No.782/Chny/2022 िनधा"रण वष" /Assessment Years: 2019-20 Shri Ramesh Allada, The Income Tax Officer, 502, Roling Brook Ln Vs. International Taxation Ward-1(1), Cedar Park, Texas, Chennai. United States Of America. [Pan: Bxwpa-5420-N] (अपीलाथ"/Appellant) (""यथ"/Respondent) अपीलाथ" क" ओर से/ Appellant By : Shri N. Arjunraj, C.A ""यथ" क" ओर से /Respondent By : Shri R. Mohan Reddy, Cit & Shri Ar. V. Sreenivasan, Addl. Cit सुनवाई क" तारीख/Date Of Hearing : 25.04.2023 : 25.04.2023 घोषणा क" तारीख /Date Of Pronouncement आदेश / O R D E R Per Mahavir Singh: These Two Appeals By, Two Different Assessees, Are Arising Out Of Assessments Framed By Income Tax Officer, International Taxation

Housing Board for a sum of Rs. 28,215/- on 28.02.1980. This property was settled by way of inheritance on the assessee along ITA Nos.781 & 782/Chny/2022 :- 9 -: with other three co-owners by assessee’s father Shri A. Joga Rao on 04.11.2013 vide settlement deed No.5847/2013. 7.2 In the given facts as argued by Ld. counsel for the assessee, Shri

SHRI SURESH ALLADA,AUSTRALIA vs. ITO, INTNL TAXATION WARD -I(I), CHENNAI

In the result, both the appeals of the assessee are partly allowed

Bench: Shri Mahavir Singhand Shri Manoj Kumar Aggarwalआयकर अपील सं./Ita No.781/Chny/2022 िनधा"रण वष" /Assessment Years: 2019-20 Shri Suresh Allada, The Income Tax Officer, 2, Wildcherry Street, Vs. International Taxation Ward-1(1), Maribyrnong, Chennai. Victoria -3032. Australia. [Pan: Bqppa-1954-B] (अपीलाथ"/Appellant) (""यथ"/Respondent) आयकर अपील सं./Ita No.782/Chny/2022 िनधा"रण वष" /Assessment Years: 2019-20 Shri Ramesh Allada, The Income Tax Officer, 502, Roling Brook Ln Vs. International Taxation Ward-1(1), Cedar Park, Texas, Chennai. United States Of America. [Pan: Bxwpa-5420-N] (अपीलाथ"/Appellant) (""यथ"/Respondent) अपीलाथ" क" ओर से/ Appellant By : Shri N. Arjunraj, C.A ""यथ" क" ओर से /Respondent By : Shri R. Mohan Reddy, Cit & Shri Ar. V. Sreenivasan, Addl. Cit सुनवाई क" तारीख/Date Of Hearing : 25.04.2023 : 25.04.2023 घोषणा क" तारीख /Date Of Pronouncement आदेश / O R D E R Per Mahavir Singh: These Two Appeals By, Two Different Assessees, Are Arising Out Of Assessments Framed By Income Tax Officer, International Taxation

Housing Board for a sum of Rs. 28,215/- on 28.02.1980. This property was settled by way of inheritance on the assessee along ITA Nos.781 & 782/Chny/2022 :- 9 -: with other three co-owners by assessee’s father Shri A. Joga Rao on 04.11.2013 vide settlement deed No.5847/2013. 7.2 In the given facts as argued by Ld. counsel for the assessee, Shri

DEPUTY COMMISSIONER OF INCOME-TAX, NON-CORPORATE CIRCLE 7(1), CHENNAI vs. KUMARASAMY PILLAI APARNA, CHENNAI

In the result the appeal of the revenue is dismissed

Bench: Shri Aby T Varkey, Hon’Ble & Shri S. R. Raghunatha, Hon’Bleआयकरअपीलसं./Ita No.: 999/Chny/2023 िनधा"रणवष" / Assessment Year: 2016-17 Kumarasamy Pillai Aparna, Deputy Commissioner Of V. No. 43, Kannadasan Salai, Income Tax, T.Nagar, Srds, Non-Corporate Circle -7(1), Chennai – 600 017. Chennai. [Pan:Afzpa-9359-N] (अपीलाथ"/Appellant) (""यथ"/Respondent) अपीलाथ"क"ओरसे/Appellant By : Shri. R. Vikneswaran, Jcit ""यथ"क"ओरसे/Respondent By : Shri. T. Vasudevan, Advocate सुनवाई क" तारीख/Date Of Hearing : 03.06.2024 घोषणा क" तारीख/Date Of Pronouncement : 31.07.2024 आदेश /O R D E R

house property is in consonance with the provisions of applicable law and therefore, we do not find any reason to interfere with the reasoned order of the ld.CIT(A) and dismiss this ground of the revenue. 9. Addition on cash deposits of Rs.52,19,200/-: 9.1 The revenue has raised ground no. 6 & 7 against the action of the ld.CIT

ASSISTANT COMMISSIONER OF INCOME TAX, CORPORATE CIRCLE 1(1), CHENNAI, CHENNAI vs. A S CARGO MOVERS PRIVATE LIMITED, CHENNAI

In the result, the appeal of the Revenue and assessee are decided as under:-

Bench: Shri Aby T Varkey & Shri Amitabh Shuklaआयकर अपील सं./Ita No.1688 /Chny/2024, Assessment Years: 2015-16 आयकर अपील सं./Ita No.1796 /Chny/2024, Assessment Years: 2017-18 Assistant Commissioner Of Income A.S.Cargo Movers Private Limited, Tax, New No.173, Old No.103, 9Th Floor B Corporate Circle-1(1), Block, Navins Presidium, Chennai. Nelson Manickam Road, Aminjikarai, Chennai-600 029. [Pan: Aaaca7739D] आयकर अपील सं./Co No.56 /Chny/2024 (Ita No.1688/Chny/2024) निर्ाारण वर्ा /Assessment Year: 2015-16 A.S.Cargo Movers Private Limited, Assistant Commissioner Of Income New No.173, Old No.103, 9Th Floor B Tax, Block, Navins Presidium, Corporate Circle-1(1), Nelson Manickam Road, Chennai. Aminjikarai, Chennai-600 029. [Pan: Aaaca7739D] (अपीलार्थी/Appellant) (प्रत्यर्थी/Respondent) अपीलार्थी की ओर से/ Assessee By : Shri N.Quadir Hoseyn, Advocate & Dr.L.Natarajan, Ca. प्रत्यर्थी की ओर से /Revenue By : Shri K.N.Dhandapani, Cit सुिवाई की तारीख/Date Of Hearing : 04.12.2024 घोर्णा की तारीख /Date Of Pronouncement : 24.01.2025 आदेश / O R D E R Per Amitabh Shukla, A.M :

48,82,294/- paid to a related party namely M/s. Punit Reach Logistic Pvt. Ltd. The assessee explained to the Ld.AO that it had constructed, a first of its kind, multilevel warehouse project in Bangalore which for unforeseen reasons could not be effectively, commercially exploited. Consequently, the assessee was compelled to sell this project at a loss

ASSISTANT COMMISSIONER OF INCOME TAX, CHENNAI vs. A S CARGO MOVERS PRIVATE LIMITED, CHENNAI

In the result, the appeal of the Revenue and assessee are decided as under:-

Bench: Shri Aby T Varkey & Shri Amitabh Shuklaआयकर अपील सं./Ita No.1688 /Chny/2024, Assessment Years: 2015-16 आयकर अपील सं./Ita No.1796 /Chny/2024, Assessment Years: 2017-18 Assistant Commissioner Of Income A.S.Cargo Movers Private Limited, Tax, New No.173, Old No.103, 9Th Floor B Corporate Circle-1(1), Block, Navins Presidium, Chennai. Nelson Manickam Road, Aminjikarai, Chennai-600 029. [Pan: Aaaca7739D] आयकर अपील सं./Co No.56 /Chny/2024 (Ita No.1688/Chny/2024) निर्ाारण वर्ा /Assessment Year: 2015-16 A.S.Cargo Movers Private Limited, Assistant Commissioner Of Income New No.173, Old No.103, 9Th Floor B Tax, Block, Navins Presidium, Corporate Circle-1(1), Nelson Manickam Road, Chennai. Aminjikarai, Chennai-600 029. [Pan: Aaaca7739D] (अपीलार्थी/Appellant) (प्रत्यर्थी/Respondent) अपीलार्थी की ओर से/ Assessee By : Shri N.Quadir Hoseyn, Advocate & Dr.L.Natarajan, Ca. प्रत्यर्थी की ओर से /Revenue By : Shri K.N.Dhandapani, Cit सुिवाई की तारीख/Date Of Hearing : 04.12.2024 घोर्णा की तारीख /Date Of Pronouncement : 24.01.2025 आदेश / O R D E R Per Amitabh Shukla, A.M :

48,82,294/- paid to a related party namely M/s. Punit Reach Logistic Pvt. Ltd. The assessee explained to the Ld.AO that it had constructed, a first of its kind, multilevel warehouse project in Bangalore which for unforeseen reasons could not be effectively, commercially exploited. Consequently, the assessee was compelled to sell this project at a loss

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

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

Bench: Shri Manu Kumar Giri & Shri S. R. Raghunatha

House Property by following the procedure laid down under the Act at para 6.4.6., had confirmed the addition of Rs.1,38,70,048/- made as deemed dividend u/s.2(22)(e) of the Act at para 6.5.3 and confirmed the addition of Rs.92,95,305/- made u/s.56(2)(viii)(c) of the Act at para 6.6.5 of the impugned order

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

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

Bench: Shri Manu Kumar Giri & Shri S. R. Raghunatha

House Property by following the procedure laid down under the Act at para 6.4.6., had confirmed the addition of Rs.1,38,70,048/- made as deemed dividend u/s.2(22)(e) of the Act at para 6.5.3 and confirmed the addition of Rs.92,95,305/- made u/s.56(2)(viii)(c) of the Act at para 6.6.5 of the impugned order

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

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

Bench: Shri Manu Kumar Giri & Shri S. R. Raghunatha

House Property by following the procedure laid down under the Act at para 6.4.6., had confirmed the addition of Rs.1,38,70,048/- made as deemed dividend u/s.2(22)(e) of the Act at para 6.5.3 and confirmed the addition of Rs.92,95,305/- made u/s.56(2)(viii)(c) of the Act at para 6.6.5 of the impugned order

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

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

Bench: Shri Manu Kumar Giri & Shri S. R. Raghunatha

House Property by following the procedure laid down under the Act at para 6.4.6., had confirmed the addition of Rs.1,38,70,048/- made as deemed dividend u/s.2(22)(e) of the Act at para 6.5.3 and confirmed the addition of Rs.92,95,305/- made u/s.56(2)(viii)(c) of the Act at para 6.6.5 of the impugned order

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

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

Bench: Shri Manu Kumar Giri & Shri S. R. Raghunatha

House Property by following the procedure laid down under the Act at para 6.4.6., had confirmed the addition of Rs.1,38,70,048/- made as deemed dividend u/s.2(22)(e) of the Act at para 6.5.3 and confirmed the addition of Rs.92,95,305/- made u/s.56(2)(viii)(c) of the Act at para 6.6.5 of the impugned order

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

48,97,384/- respectively. He also invested in construction of property for Rs.77,58,400/-. Deduction 54F is available if assessee one year before or two years. after the date of sale buy a residential property, or three years, if constructing a new property. However AO noticed that lands sold during the year are jointly owned by assessee along with

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

48,97,384/- respectively. He also invested in construction of property for Rs.77,58,400/-. Deduction 54F is available if assessee one year before or two years. after the date of sale buy a residential property, or three years, if constructing a new property. However AO noticed that lands sold during the year are jointly owned by assessee along with

ASIRVAD MICRO FINANCE LIMITED,ANNA SALAI vs. ASSISTANT COMMISSIONER OF INCOME TAX, CORPORATE CIRCLE -1(1), CHENNAI

In the result, the appeal of the assessee is allowed

Bench: Shri Aby T Varkey & Shri Amitabh Shuklaआयकर अपील सं./Ita No.1140/Chny/2025 Assessment Years: 2016-17 Asirvad Micro Finance Limited, Assistant Commissioner Of No.9, 9Th Floor, Club House Road, Income Tax, Annasalai, Corporate Circle-1(1), Chennai-600 002 Chennai. [Pan: Aagca5275J] (अपीलार्थी/Appellant) (प्रत्यर्थी/Respondent) अपीलार्थी की ओर से/ Assessee By : Mr.P.R.Prasanna Varma, Fca & Mr.Arjun Rajagopalan, C.A. प्रत्यर्थी की ओर से /Revenue By : Mr.Bipin C.N, Cit सुनवाई की तारीख/Date Of Hearing : 25.09.2025 घोषणा की तारीख /Date Of Pronouncement : 05.12.2025 आदेश / O R D E R Per Amitabh Shukla, A.M :

House Road, Income Tax, Annasalai, Corporate Circle-1(1), Chennai-600 002 Chennai. [PAN: AAGCA5275J] (अपीलार्थी/Appellant) (प्रत्यर्थी/Respondent) अपीलार्थी की ओर से/ Assessee by : Mr.P.R.Prasanna Varma, FCA & Mr.Arjun Rajagopalan, C.A. प्रत्यर्थी की ओर से /Revenue by : Mr.Bipin C.N, CIT सुनवाई की तारीख/Date of Hearing : 25.09.2025 घोषणा की तारीख /Date of Pronouncement : 05.12.2025 आदेश

ITO, NCW - 15 (1), , CHENNAI vs. SHRI KESAVARAMANUJAM SOUNDARARAJAN ANBUSELVAN, CHENNAI

In the result, appeals filed by the assessee, as well as the Revenue are allowed for statistical purposes

Bench: Shri Manjunatha. G & Shri Manomohan Dasआयकरअपीलसं./Ita No.3285/Chny/2019 िनधा"रणवष"/Assessment Year: 2016-17 Mr.K.S.Anbuselvan, V. The Income Tax Officer, 109/56, Fifth Street, Non-Corporate Ward-15(1), Padmanabhanagar, Chennai. Adyar, Chennai-600 020. [Pan:Aaepa 3906 B] (अपीलाथ"/Appellant) (""यथ"/Respondent) आयकरअपीलसं./Ita No.103/Chny/2020 िनधा"रणवष"/Assessment Year: 2016-17 The Income Tax Officer, V. Mr.Kesavaramanujam- Non-Corporate Ward-15(1), Soundararajananbuselvan, No.56, 5Th Street, Chennai. Padmanabhanagar, Adyar, Chennai-600 020. [Pan: Aaepa 3906 B] (अपीलाथ"/Appellant) (""यथ"/Respondent) : Mr.S.Sridhar, Adv. अपीलाथ" क" ओर से/ Appellant By : ""यथ" क" ओर से /Respondent By Mr.Ar.V.Sreenivasan, Addl.Cit : 06.06.2023 सुनवाईक"तारीख/Date Of Hearing : घोषणाक"तारीख /Date Of Pronouncement 14.06.2023

48 of the Act, as the asset was first held in FY 2015-16 and also sold in the same year? 3. The Ld CIT(A) erred in deleting the disallowance of deduction u/s 54F when the assessee has not commenced any construction activity even after stipulated period of 3 years as contemplated in section

SHRI K.S. ANBUSELVAN,,CHENNAI vs. ITO, CC-15(1),, CHENNAI

In the result, appeals filed by the assessee, as well as the Revenue are allowed for statistical purposes

Bench: Shri Manjunatha. G & Shri Manomohan Dasआयकरअपीलसं./Ita No.3285/Chny/2019 िनधा"रणवष"/Assessment Year: 2016-17 Mr.K.S.Anbuselvan, V. The Income Tax Officer, 109/56, Fifth Street, Non-Corporate Ward-15(1), Padmanabhanagar, Chennai. Adyar, Chennai-600 020. [Pan:Aaepa 3906 B] (अपीलाथ"/Appellant) (""यथ"/Respondent) आयकरअपीलसं./Ita No.103/Chny/2020 िनधा"रणवष"/Assessment Year: 2016-17 The Income Tax Officer, V. Mr.Kesavaramanujam- Non-Corporate Ward-15(1), Soundararajananbuselvan, No.56, 5Th Street, Chennai. Padmanabhanagar, Adyar, Chennai-600 020. [Pan: Aaepa 3906 B] (अपीलाथ"/Appellant) (""यथ"/Respondent) : Mr.S.Sridhar, Adv. अपीलाथ" क" ओर से/ Appellant By : ""यथ" क" ओर से /Respondent By Mr.Ar.V.Sreenivasan, Addl.Cit : 06.06.2023 सुनवाईक"तारीख/Date Of Hearing : घोषणाक"तारीख /Date Of Pronouncement 14.06.2023

48 of the Act, as the asset was first held in FY 2015-16 and also sold in the same year? 3. The Ld CIT(A) erred in deleting the disallowance of deduction u/s 54F when the assessee has not commenced any construction activity even after stipulated period of 3 years as contemplated in section