DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE 2(2), CHENNAI, CHENNAI vs. ETHIRAJULU VAJRAVEL KUMARAN, CHENNAI

In the result, all the six appeals of the Revenue are\ndismissed

u/s 271(1)(c) of the Act is not sustainable in the eyes of law.\nTherefore, all the grounds raised by the appellant upon the levy of the\npenalty are hereby treated as allowed and the AO is directed to delete the\npenalty levied amounting Rs.1,11,89,533/- for the AY 2015-16.”\n23. Aggrieved by the order

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE 2(2), CHENNAI, CHENNAI vs. ETHIRAJULU VAJRAVEL KUMARAN, TIRUVANNAMALAI

u/s 271(1)(c) of the Act is not sustainable in the eyes of law.\nTherefore, all the grounds raised by the appellant upon the levy of the\npenalty are hereby treated as allowed and the AO is directed to delete the\npenalty levied amounting Rs.1,11,89,533/- for the AY 2015-16.”\n23.\nAggrieved by the order

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE 2(2), CHENNAI, CHENNAI vs. ETHIRAJULU VAJRAVEL KUMARAN, THIRUVANNAMALAI

u/s 271(1)(c) of the Act is not sustainable in the eyes of law.\nTherefore, all the grounds raised by the appellant upon the levy of the\npenalty are hereby treated as allowed and the AO is directed to delete the\npenalty levied amounting Rs.1,11,89,533/- for the AY 2015-16.”\n23.\nAggrieved by the order

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE 2(2), CHENNAI, CHENNAI vs. ETHIRAJULU VAJRAVEL KUMARAN, THIRUVANNAMALAI

In the result, all the six appeals of the Revenue are\ndismissed

u/s 271(1)(c) of the Act is not sustainable in the eyes of law.\nTherefore, all the grounds raised by the appellant upon the levy of the\npenalty are hereby treated as allowed and the AO is directed to delete the\npenalty levied amounting Rs.1,11,89,533/- for the AY 2015-16.”\n23.\nAggrieved by the order

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE 2(2), CHENNAI, CHENNAI vs. JAYAPRIYA COMPANY, CHENNAI

In the result, appeal filed by the Revenue is dismissed and the\nCross-Objection filed by the assessee is allowed

seizure proceedings at No:30, Jayapriya Chit\nFunds Building, Main Road, Neyveli, Cuddalore Dist, Tamilnadu 607802, a\nremote server (Cloud server - 103.214.132.40) was identified, data was copied\nand the same was seized vide annexure ANN/PVD/JPCF/ED/S. Further, on\nperusal of the same, it is found that the assessee group has received cash FDs\nduring the FY 2020-21 was Rs.43

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

seizure operation u/s 132 were carried at residential and premises of M/s Pavai Varam Educational Trust on 27.12.2016. The Assessee filed his return of income originally for A.Y 2016-17 on 21.07.2017 declaring income of Rs.35,28,520/-. Notice u/s 153A was issued to the Assessee on 13.06.2018. In response, the Assessee filed return of income u/s 153A

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

seizure operation u/s 132 were carried at residential and premises of M/s Pavai Varam Educational Trust on 27.12.2016. The Assessee filed his return of income originally for A.Y 2016-17 on 21.07.2017 declaring income of Rs.35,28,520/-. Notice u/s 153A was issued to the Assessee on 13.06.2018. In response, the Assessee filed return of income u/s 153A

M/S ENRICA ENTERPRISES PVT LTD,CHENNAI vs. DCIT,CENTRAL CIRCLE-3(4), CHENNAI

In the result, appeal filed by the assessee in ITA

Bench: Shri Manjunatha. G & Shri Manomohan Das

271(l)(c). The learned 1st appellate authority failed to see that the penalty proceedings are independent of assessment proceedings and therefore penalty is not leviable merely on the ground that certain additions have been made in the assessment proceedings. 10. The learned Commissioner ought to have seen that penalty cannot be levied merely because an amount taxed as income

M/S.ENRICA ENTERPRISES PVT LTD,CHENNAI vs. DCIT,CENTRAL CIRCLE-3(4), CHENNAI

In the result, appeal filed by the assessee in ITA

Bench: Shri Manjunatha. G & Shri Manomohan Das

271(l)(c). The learned 1st appellate authority failed to see that the penalty proceedings are independent of assessment proceedings and therefore penalty is not leviable merely on the ground that certain additions have been made in the assessment proceedings. 10. The learned Commissioner ought to have seen that penalty cannot be levied merely because an amount taxed as income

PRAKASHCHAND JAIN,CHENNAI vs. DCIT, CENTRAL CIRCLE-2(3), CHENNAI

In the result, all the four appeals filed by the assessee are

Bench: Shri Aby T. Varkey & Shri Jagadishआयकर अपील सं./Ita Nos. 60, 61, 64 & 66/Chny/2024 िनधा:रण वष: /Assessment Years: 2013-14 , 2014-15, 2015-16 & 2016-17 Prakashchand Jain, The Dy. Commissioner Of 39 & 40 Bakers Street, Vs. Income Tax, Choolai, Chennai – 600 112. Central Circle-2(3), Chennai. [Pan: Ahhpp 1690D] (अपीलाथ"/Appellant) (""यथ"/Respondent)

penalty for concealment of income u/s. 271(1)(c) of the Act. 4. The assessee is a Doctor employed in Apollo Hospital, Chennai and also doing practice as OP consultation in the hospital. A search and seizure

PRAKASHCHAND JAIN,CHENNAI vs. DCIT, CENTRAL CIRCLE-2(3), CHENNAI

In the result, all the four appeals filed by the assessee are

Bench: Shri Aby T. Varkey & Shri Jagadishआयकर अपील सं./Ita Nos. 60, 61, 64 & 66/Chny/2024 िनधा:रण वष: /Assessment Years: 2013-14 , 2014-15, 2015-16 & 2016-17 Prakashchand Jain, The Dy. Commissioner Of 39 & 40 Bakers Street, Vs. Income Tax, Choolai, Chennai – 600 112. Central Circle-2(3), Chennai. [Pan: Ahhpp 1690D] (अपीलाथ"/Appellant) (""यथ"/Respondent)

penalty for concealment of income u/s. 271(1)(c) of the Act. 4. The assessee is a Doctor employed in Apollo Hospital, Chennai and also doing practice as OP consultation in the hospital. A search and seizure

PRAKASH CHAND JAIN,CHENNAI vs. DCIT, CENTRAL CIRCLE-2(3), CHENNAI

In the result, all the four appeals filed by the assessee are

Bench: Shri Aby T. Varkey & Shri Jagadishआयकर अपील सं./Ita Nos. 60, 61, 64 & 66/Chny/2024 िनधा:रण वष: /Assessment Years: 2013-14 , 2014-15, 2015-16 & 2016-17 Prakashchand Jain, The Dy. Commissioner Of 39 & 40 Bakers Street, Vs. Income Tax, Choolai, Chennai – 600 112. Central Circle-2(3), Chennai. [Pan: Ahhpp 1690D] (अपीलाथ"/Appellant) (""यथ"/Respondent)

penalty for concealment of income u/s. 271(1)(c) of the Act. 4. The assessee is a Doctor employed in Apollo Hospital, Chennai and also doing practice as OP consultation in the hospital. A search and seizure

PRAKASHCHAND JAIN,CHENNAI vs. DCIT, CENTRAL CIRCLE-2(3), CHENNAI

In the result, all the four appeals filed by the assessee are

Bench: Shri Aby T. Varkey & Shri Jagadishआयकर अपील सं./Ita Nos. 60, 61, 64 & 66/Chny/2024 िनधा:रण वष: /Assessment Years: 2013-14 , 2014-15, 2015-16 & 2016-17 Prakashchand Jain, The Dy. Commissioner Of 39 & 40 Bakers Street, Vs. Income Tax, Choolai, Chennai – 600 112. Central Circle-2(3), Chennai. [Pan: Ahhpp 1690D] (अपीलाथ"/Appellant) (""यथ"/Respondent)

penalty for concealment of income u/s. 271(1)(c) of the Act. 4. The assessee is a Doctor employed in Apollo Hospital, Chennai and also doing practice as OP consultation in the hospital. A search and seizure

DCIT CENTRAL CIRCLE2(4), CHENNAI vs. SHRI O. PANNEERSELVAM, CHENNAI

In the result, the cross-objections stands dismissed

Bench: Hon’Ble Shri V. Durga Rao, Jmand Hon’Ble Shri Manoj Kumar Aggarwal, Am 1. आयकरअपील सं./ Ita No.581/Chny/2023 (िनधा"रण वष" / Assessment Year: 2016-17) & 2. आयकरअपील सं./ Ita No.582/Chny/2023 (िनधा"रण वष" / Assessment Year: 2017-18) Dcit Shri O. Panneerselvam बनाम Central Circle-2(4), No.70, South Agraharam, / Vs. Chennai. Tenkarai, Periakulam-625 601. "थायीलेखासं./जीआइआरसं./Pan/Gir No. Amapp-6689-A (अपीलाथ"/Appellant) : (!"थ" / Respondent) & 3. Cross Objection No.5/Chny/2024 (In Ita No.581/Chny/2023) (िनधा"रण वष" / Assessment Year: 2016-17) & 4. Cross Objection No.6/Chny/2024 (In Ita No.582/Chny/2023) (िनधा"रण वष" / Assessment Year: 2017-18) Shri O. Panneerselvam Dcit बनाम No.70, South Agraharam, Central Circle-2(4), / Vs. Tenkarai, Periakulam-625 601. Chennai. "थायीलेखासं./जीआइआरसं./Pan/Gir No.Amapp-6689-A (अपीलाथ"/Appellant/Cross Objector) : (!"थ" / Respondent) अपीलाथ"कीओरसे/ Revenue By : Shri V. Nanda Kumar (Cit) - Ld. Dr !"थ"कीओरसे/Assessee By : Shri G. Baskar (Advocate)- Ld.Ar सुनवाईकीतारीख/Date Of Hearing : 18-01-2024 घोषणाकीतारीख /Date Of Pronouncement : 05-04-2024

seizure action by department u/s 132 in the case of M/s SRS Mining, Shri J. Sekar Reddy, Shri K. Rethinam and Shri S. Ramachandran at T. Nagar on 08-12-2016. During search proceedings in the case of Shri Sekar Reddy, certain incriminating material was seized which was marked as ANN/MPK/NS/B&D/S-3,17,19 and 20 and ANN/KGAR/MPKSSR/LS/S-1

DCIT CENTRAL CIRCLE2(4), CHENNAI vs. SHRI O. PANNEERSELVAM, CHENNAI

In the result, the cross-objections stands dismissed

Bench: Hon’Ble Shri V. Durga Rao, Jmand Hon’Ble Shri Manoj Kumar Aggarwal, Am 1. आयकरअपील सं./ Ita No.581/Chny/2023 (िनधा"रण वष" / Assessment Year: 2016-17) & 2. आयकरअपील सं./ Ita No.582/Chny/2023 (िनधा"रण वष" / Assessment Year: 2017-18) Dcit Shri O. Panneerselvam बनाम Central Circle-2(4), No.70, South Agraharam, / Vs. Chennai. Tenkarai, Periakulam-625 601. "थायीलेखासं./जीआइआरसं./Pan/Gir No. Amapp-6689-A (अपीलाथ"/Appellant) : (!"थ" / Respondent) & 3. Cross Objection No.5/Chny/2024 (In Ita No.581/Chny/2023) (िनधा"रण वष" / Assessment Year: 2016-17) & 4. Cross Objection No.6/Chny/2024 (In Ita No.582/Chny/2023) (िनधा"रण वष" / Assessment Year: 2017-18) Shri O. Panneerselvam Dcit बनाम No.70, South Agraharam, Central Circle-2(4), / Vs. Tenkarai, Periakulam-625 601. Chennai. "थायीलेखासं./जीआइआरसं./Pan/Gir No.Amapp-6689-A (अपीलाथ"/Appellant/Cross Objector) : (!"थ" / Respondent) अपीलाथ"कीओरसे/ Revenue By : Shri V. Nanda Kumar (Cit) - Ld. Dr !"थ"कीओरसे/Assessee By : Shri G. Baskar (Advocate)- Ld.Ar सुनवाईकीतारीख/Date Of Hearing : 18-01-2024 घोषणाकीतारीख /Date Of Pronouncement : 05-04-2024

seizure action by department u/s 132 in the case of M/s SRS Mining, Shri J. Sekar Reddy, Shri K. Rethinam and Shri S. Ramachandran at T. Nagar on 08-12-2016. During search proceedings in the case of Shri Sekar Reddy, certain incriminating material was seized which was marked as ANN/MPK/NS/B&D/S-3,17,19 and 20 and ANN/KGAR/MPKSSR/LS/S-1

M/S ENRICE ENTERPRISES PVT LTD,CHENNAI vs. DCIT,CENTRAL CIRCLE-3(4), CHENNAI

In the result, appeal filed by the assessee is allowed

Bench: Shri Manjunatha. G & Shri Manomohan Das

u/s 271AAB is leviable only on undisclosed income and not merely on an admission made by the assessee u/s.132 (4). The assessing officer has miserably failed to quantify the undisclosed income. :: 3 :: 9. The learned CIT(A) ought to have seen that the AO while levying penalty under section 271 AAB failed to follow the specific definition of undisclosed income

M/S ENRIA ENTERPRISES PVT. LTD,CHENNAI vs. DCIT. CENTRAL CIRCLE - 3(4), CHENNAI

In the result, appeal filed by the assessee in ITA

Bench: Shri Manjunatha. G & Shri Manomohan Das

u/s 132(4) for the year Rs.15,79,00,000/- and levied 200% of penalty on such tax computed. The AO is directed to compute tax payable on '*under reported income' for the year u/ s 270A( 10) (c) before levying penalty as per Sec. 270A(8), Needless to say that the appellant gets relief to the extent of excess

M/S ENRICE ENTERPRISES PVT. LTD,CHENNAI vs. DCIT,CENTRAL CIRCLE-3(4), CHENNAI

In the result, appeal filed by the assessee in ITA

Bench: Shri Manjunatha. G & Shri Manomohan Das

u/s 132(4) for the year Rs.15,79,00,000/- and levied 200% of penalty on such tax computed. The AO is directed to compute tax payable on '*under reported income' for the year u/ s 270A( 10) (c) before levying penalty as per Sec. 270A(8), Needless to say that the appellant gets relief to the extent of excess