ACIT CENTRAL CIRCLE 1(1), CHENNAI vs. GHISULAI KOTHARI, CHENNAI

Appeal stands partly allowed in terms of our above order

Bench: Hon’Ble Shri Mahavir Singh & Hon’Ble Shri Manoj Kumar Aggarwal, Am

271(1)(c) of the Act. However, for the levy of penalty u/s.271AAB, the case must fall within the four corners of the definition of expression "undisclosed income" as defined u/s 271AAB itself. The assessee in this case is an individual and has earned income from partnership firm and interest income. The assessee has neither earned any business income

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, TIRUVANNAMALAI

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

ACIT CENTRAL CIRCLE 1(1), CHENNAI vs. SARDARMAL KOTHARI, CHENNAI

In the result, the assessee’s petition as filed u/r 27 stand dismissed

Bench: Hon’Ble Shri Mahavir Singh & Hon’Ble Shri Manoj Kumar Aggarwal, Am

271(1)(c) of the Act. However, for the levy of penalty u/s.271AAB, the case must fall within the four corners of the definition of expression "undisclosed income" as defined u/s 271AAB itself. The assessee in this case is an individual and has earned income from partnership firm and interest income. The assessee has neither earned any business income

ACIT CENTRAL CIRCLE 1(1), CHENNAI vs. KEWALCHAND KOTHARI, CHENNAI

In the result, the assessee’s petition as filed u/r 27 stand dismissed

Bench: Hon’Ble Shri Mahavir Singh & Hon’Ble Shri Manoj Kumar Aggarwal, Am

271(1)(c) of the Act. However, for the levy of penalty u/s.271AAB, the case must fall within the four corners of the definition of expression "undisclosed income" as defined u/s 271AAB itself. The assessee in this case is an individual and has earned income from partnership firm and interest income. The assessee has neither earned any business income

ACIT CENTRLA CIRCLE 1(1), CHENNAI vs. SHANTILAL KOTHARI, CHENNAI

In the result, the assessee’s petition as filed u/r 27 stand dismissed

Bench: Hon’Ble Shri Mahavir Singh & Hon’Ble Shri Manoj Kumar Aggarwal, Am

271(1)(c) of the Act. However, for the levy of penalty u/s.271AAB, the case must fall within the four corners of the definition of expression "undisclosed income" as defined u/s 271AAB itself. The assessee in this case is an individual and has earned income from partnership firm and interest income. The assessee has neither earned any business income

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, 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, 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

ACIT, CHENNAI vs. M/S. S & P FOUNDATION P. LTD., CHENNAI

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

Bench: Shri V. Durga Rao & Shri G. Manjunathaआयकर अपील सं./I.T.A. No.2084/Chny/2013 िनधा"रण वष"/Assessment Years: 2006-07 The Assistant Commissioner Of M/S. S & P Foundation P. Ltd., Income Tax, Central Circle Iv(2), Vs. Old No. 27, New No. 38, Madley Road, 46, Nungambakkam High Road, T. Nagar, Chennai 600 017. Chennai. [Pan: Aaics0224K] (अपीलाथ" /Appellant) (""थ"/Respondent) अपीलाथ" की ओर से / Appellant By Shri G. Johnson, Addl. Cit : ""थ" की ओर से/Respondent By Shri G. Baskar, Advocate & : Shri I Dinesh, Advocate सुनवाई की तारीख/ Date Of Hearing 02.12.2021 : घोषणा की तारीख /Date Of Pronouncement : 16.12.2021 आदेश /O R D E R Per V. Durga Rao: This Appeal Filed By The Revenue Is Directed Against The Order Of The Ld. Commissioner Of Income Tax (Appeals) Ii, Chennai, Dated 05.12.2012 Relevant To The Assessment Year 2006-07 In Pursuance To The Order Of The Assessing Officer In Levying Penalty Under Section 271(1)(C) Of The Income Tax Act, 1961 [“Act” In Short].

u/s 271(1)(c) of I.T. Act, clearly attracts in the case of the assessee as the additional income of ₹.1,58,98,570/- was offered in the return of income filed post search and no such income was disclosed in the original return of income filed by the assessee. 5 I.T.A. No. 2084/Chny/13 RELIEF CLAIMED IN APPEAL The order

R.MAHALAKSHMI,CHENNAI vs. DCIT NON CORPORATE RANGE 17, CHENNAI

In the result, the assessee’s appeal is treated as allowed for statistical

Bench: Shri George Mathan & Shri S. Jayaraman

search and seizure enquiry, the Revenue got confirmation from the sellers of the plots that they received on money payments from the assessee, when the said facts were brought to the assessee, she had admitted the on-money receipts of Rs. 2,46,30,500/-. Subsequently, on issue of notice u/s. 153A, the assessee filed a return admitting the total

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