ST. JOSEPHS INSTITUTE OF SCIENCE AND TECHNOLOGY TRUST,CHENNAI vs. DCOT. CENTRAL CIRCLE-1(3), CHENNAI

In the result, all the appeals filed by the assessees are allowed

Bench: Shri Aby T. Varkey & Shri Jagadish

56-C, Old Mahabalipuram Road, Chennai. Sholinganallur, Chennai-600 119. [PAN: AAHTS 9943 B] (अपीलाथ"/Appellant) (""यथ"/Respondent) अपीलाथ" क" ओर से/ Appellant by : Mr. V. Balaji, CA & Mr. K.R. Vasudevan, Advocate by Virtual ""यथ" क" ओर से /Respondent by : Ms. Anitha, Addl.CIT : सुनवाईक"तारीख/Date of Hearing 04.04.2025 : घोषणाक"तारीख /Date of Pronouncement 06.06.2025 ITA Nos.3293 & 3294/Chny/2024

ST.JOSEPHS EDUCATIONAL TRUST,CHENNAI vs. DCIT, CENTRAL CIRCLE-193), CHENNAI

In the result, all the appeals filed by the assessees are allowed

Bench: Shri Aby T. Varkey & Shri Jagadish

56-C, Old Mahabalipuram Road, Chennai. Sholinganallur, Chennai-600 119. [PAN: AAHTS 9943 B] (अपीलाथ"/Appellant) (""यथ"/Respondent) अपीलाथ" क" ओर से/ Appellant by : Mr. V. Balaji, CA & Mr. K.R. Vasudevan, Advocate by Virtual ""यथ" क" ओर से /Respondent by : Ms. Anitha, Addl.CIT : सुनवाईक"तारीख/Date of Hearing 04.04.2025 : घोषणाक"तारीख /Date of Pronouncement 06.06.2025 ITA Nos.3293 & 3294/Chny/2024

R V R NAGESH LEGAL HEIR OF LATE VENGATTARAYALU RAJAN,KANCHIPURAM vs. INCOME TAX OFFICER, NON CORP WARD - 22(4), TAMBARAM, TAMBARAM

In the result, the appeal of the assessee is allowed

u/s 274 r.w.s 271 was\na vague notice in a printed form without specifying the exact charge for which the\nassessee was being penalized and therefore, it was a clear case of non-application of\nmind while initiating penalty against the assessee. The Ld. AO, while initiating the\npenalty was not clear as to specific limb which was applicable

THE GOVT. TELE COMMUNICATION EMPLOYEES CO-OP. SOCIETY LTD.,CHENNAI vs. ITO, NCW-11(1),, CHENNAI

Bench: SHRI MANU KUMAR GIRI (Judicial Member), SHRI S.R. RAGHUNATHA (Accountant Member)

penalty proceedings under section 271(1)(c) of the Act. The matter came before the Income-tax Appellate Tribunal and the ITAT has passed order on 10/02/2022 in ITA Nos. 2478/Chny/2017, 2703/Chny/2018, 558 & 559/Chny/2020 holding that the interest on staff advance and interest on FDs and Savings Bank interest are not eligible for deduction u/s 80P. The ITAT however directed

THE GOVT. TELE COMMUNICATION EMPLOYEES CO-OP. SOCIETY LTD.,CHENNAI vs. ITO, NCW-11(1), CHENNAI

Bench: SHRI MANU KUMAR GIRI (Judicial Member), SHRI S.R. RAGHUNATHA (Accountant Member)

penalty proceedings under section 271(1)(c) of the Act. The matter came before the Income-tax Appellate Tribunal and the ITAT has passed order on 10/02/2022 in ITA Nos. 2478/Chny/2017, 2703/Chny/2018, 558 & 559/Chny/2020 holding that the interest on staff advance and interest on FDs and Savings Bank interest are not eligible for deduction u/s 80P. The ITAT however directed

THE GOVT. TELE COMMUNICATION EMPOLOYEES CO-OP. SOCIETY LTD.,CHENNAI vs. ITO, NCW-11(1), CHENNAI

Bench: SHRI MANU KUMAR GIRI (Judicial Member), SHRI S.R. RAGHUNATHA (Accountant Member)

penalty proceedings under section 271(1)(c) of the Act. The matter came before the Income-tax Appellate Tribunal and the ITAT has passed order on 10/02/2022 in ITA Nos. 2478/Chny/2017, 2703/Chny/2018, 558 & 559/Chny/2020 holding that the interest on staff advance and interest on FDs and Savings Bank interest are not eligible for deduction u/s 80P. The ITAT however directed

THE GOVT. TELE COMMUNICATION EMPLOYEES CO-OP. SOCIETY LTD.,CHENNAI vs. ITO, NCW-11(1), CHENNAI

Bench: SHRI MANU KUMAR GIRI (Judicial Member), SHRI S.R. RAGHUNATHA (Accountant Member)

penalty proceedings under section 271(1)(c) of the Act. The matter came before the Income-tax Appellate Tribunal and the ITAT has passed order on 10/02/2022 in ITA Nos. 2478/Chny/2017, 2703/Chny/2018, 558 & 559/Chny/2020 holding that the interest on staff advance and interest on FDs and Savings Bank interest are not eligible for deduction u/s 80P. The ITAT however directed

S. POTHYRAJ,TIUNELVELI vs. DCIT, CENTRAL CIRCLE01(3), CHENNAI

In the result, appeals filed by the assessees are allowed

Bench: Shri George George K & Shri S.R. Raghunathaआयकर अपील सं./Ita No.: 3169/Chny/2024 "नधा"रण वष"/Assessment Years: 2017-18 Shri S.Pothiraj, Deputy Commissioner # 3, North Car Street, Vs. Of Income Tax, Tirunelveli Town-627 006. Central Circle-1(3) Pan: Acxpp-8538-R Chennai. (अपीलाथ"/Appellant) (""यथ"/Respondent) & आयकर अपील सं./Ita No.: 3170/Chny/2024 "नधा"रण वष"/Assessment Years: 2017-18 Shri S.Mahesh, Deputy Commissioner # 3, North Car Street, Vs. Of Income Tax, Tirunelveli Town-627 006. Central Circle-1(3) Pan: Acvpm-6890-K Chennai. (अपीलाथ"/Appellant) (""यथ"/Respondent) & आयकर अपील सं./Ita No.: 3171/Chny/2024 "नधा"रण वष"/Assessment Years: 2017-18 Shri S.Murugesh Deputy Commissioner # 3, North Car Street, Vs. Of Income Tax, Tirunelveli Town-627 006. Central Circle-1(3) Pan: Acvpm-6963-D Chennai. (अपीलाथ"/Appellant) (""यथ"/Respondent) & आयकर अपील सं./Ita No.: 3172/Chny/2024 "नधा"रण वष"/Assessment Years: 2017-18 Shri S.Ashok Deputy Commissioner # 3, North Car Street, Vs. Of Income Tax

56 in consequence of addition u/s 43CA held that penalty u/s 270A cannot be levied for the addition made under deeming provisions of the Act. 6. The ITAT Delhi in the case ITO vs. Ajay Sharma (ITAT Delhi, 2017) canceled the penalty under Section 271

S ASHOK,TIRUNELVEL vs. DCIT, CENTRAL CIRCLE-1(3), CHENNAI

In the result, appeals filed by the assessees are allowed

Bench: Shri George George K & Shri S.R. Raghunathaआयकर अपील सं./Ita No.: 3169/Chny/2024 "नधा"रण वष"/Assessment Years: 2017-18 Shri S.Pothiraj, Deputy Commissioner # 3, North Car Street, Vs. Of Income Tax, Tirunelveli Town-627 006. Central Circle-1(3) Pan: Acxpp-8538-R Chennai. (अपीलाथ"/Appellant) (""यथ"/Respondent) & आयकर अपील सं./Ita No.: 3170/Chny/2024 "नधा"रण वष"/Assessment Years: 2017-18 Shri S.Mahesh, Deputy Commissioner # 3, North Car Street, Vs. Of Income Tax, Tirunelveli Town-627 006. Central Circle-1(3) Pan: Acvpm-6890-K Chennai. (अपीलाथ"/Appellant) (""यथ"/Respondent) & आयकर अपील सं./Ita No.: 3171/Chny/2024 "नधा"रण वष"/Assessment Years: 2017-18 Shri S.Murugesh Deputy Commissioner # 3, North Car Street, Vs. Of Income Tax, Tirunelveli Town-627 006. Central Circle-1(3) Pan: Acvpm-6963-D Chennai. (अपीलाथ"/Appellant) (""यथ"/Respondent) & आयकर अपील सं./Ita No.: 3172/Chny/2024 "नधा"रण वष"/Assessment Years: 2017-18 Shri S.Ashok Deputy Commissioner # 3, North Car Street, Vs. Of Income Tax

56 in consequence of addition u/s 43CA held that penalty u/s 270A cannot be levied for the addition made under deeming provisions of the Act. 6. The ITAT Delhi in the case ITO vs. Ajay Sharma (ITAT Delhi, 2017) canceled the penalty under Section 271

S MURUGESH,TIRUNELVELI vs. DCIT, CENTRAL CIRCLE-1(3), CHENNAI

In the result, appeals filed by the assessees are allowed

Bench: Shri George George K & Shri S.R. Raghunathaआयकर अपील सं./Ita No.: 3169/Chny/2024 "नधा"रण वष"/Assessment Years: 2017-18 Shri S.Pothiraj, Deputy Commissioner # 3, North Car Street, Vs. Of Income Tax, Tirunelveli Town-627 006. Central Circle-1(3) Pan: Acxpp-8538-R Chennai. (अपीलाथ"/Appellant) (""यथ"/Respondent) & आयकर अपील सं./Ita No.: 3170/Chny/2024 "नधा"रण वष"/Assessment Years: 2017-18 Shri S.Mahesh, Deputy Commissioner # 3, North Car Street, Vs. Of Income Tax, Tirunelveli Town-627 006. Central Circle-1(3) Pan: Acvpm-6890-K Chennai. (अपीलाथ"/Appellant) (""यथ"/Respondent) & आयकर अपील सं./Ita No.: 3171/Chny/2024 "नधा"रण वष"/Assessment Years: 2017-18 Shri S.Murugesh Deputy Commissioner # 3, North Car Street, Vs. Of Income Tax, Tirunelveli Town-627 006. Central Circle-1(3) Pan: Acvpm-6963-D Chennai. (अपीलाथ"/Appellant) (""यथ"/Respondent) & आयकर अपील सं./Ita No.: 3172/Chny/2024 "नधा"रण वष"/Assessment Years: 2017-18 Shri S.Ashok Deputy Commissioner # 3, North Car Street, Vs. Of Income Tax

56 in consequence of addition u/s 43CA held that penalty u/s 270A cannot be levied for the addition made under deeming provisions of the Act. 6. The ITAT Delhi in the case ITO vs. Ajay Sharma (ITAT Delhi, 2017) canceled the penalty under Section 271

S RAMESH,TRUNELVELI vs. DCIT, CENTRAL CIRCLE-1(3), CHENNAI

In the result, appeals filed by the assessees are allowed

Bench: Shri George George K & Shri S.R. Raghunathaआयकर अपील सं./Ita No.: 3169/Chny/2024 "नधा"रण वष"/Assessment Years: 2017-18 Shri S.Pothiraj, Deputy Commissioner # 3, North Car Street, Vs. Of Income Tax, Tirunelveli Town-627 006. Central Circle-1(3) Pan: Acxpp-8538-R Chennai. (अपीलाथ"/Appellant) (""यथ"/Respondent) & आयकर अपील सं./Ita No.: 3170/Chny/2024 "नधा"रण वष"/Assessment Years: 2017-18 Shri S.Mahesh, Deputy Commissioner # 3, North Car Street, Vs. Of Income Tax, Tirunelveli Town-627 006. Central Circle-1(3) Pan: Acvpm-6890-K Chennai. (अपीलाथ"/Appellant) (""यथ"/Respondent) & आयकर अपील सं./Ita No.: 3171/Chny/2024 "नधा"रण वष"/Assessment Years: 2017-18 Shri S.Murugesh Deputy Commissioner # 3, North Car Street, Vs. Of Income Tax, Tirunelveli Town-627 006. Central Circle-1(3) Pan: Acvpm-6963-D Chennai. (अपीलाथ"/Appellant) (""यथ"/Respondent) & आयकर अपील सं./Ita No.: 3172/Chny/2024 "नधा"रण वष"/Assessment Years: 2017-18 Shri S.Ashok Deputy Commissioner # 3, North Car Street, Vs. Of Income Tax

56 in consequence of addition u/s 43CA held that penalty u/s 270A cannot be levied for the addition made under deeming provisions of the Act. 6. The ITAT Delhi in the case ITO vs. Ajay Sharma (ITAT Delhi, 2017) canceled the penalty under Section 271

S MAGESH,TIRUNELVELI vs. DCIT, CENTRAL CIRCLE-1(3), CHENNAI

In the result, appeals filed by the assessees are allowed

Bench: Shri George George K & Shri S.R. Raghunathaआयकर अपील सं./Ita No.: 3169/Chny/2024 "नधा"रण वष"/Assessment Years: 2017-18 Shri S.Pothiraj, Deputy Commissioner # 3, North Car Street, Vs. Of Income Tax, Tirunelveli Town-627 006. Central Circle-1(3) Pan: Acxpp-8538-R Chennai. (अपीलाथ"/Appellant) (""यथ"/Respondent) & आयकर अपील सं./Ita No.: 3170/Chny/2024 "नधा"रण वष"/Assessment Years: 2017-18 Shri S.Mahesh, Deputy Commissioner # 3, North Car Street, Vs. Of Income Tax, Tirunelveli Town-627 006. Central Circle-1(3) Pan: Acvpm-6890-K Chennai. (अपीलाथ"/Appellant) (""यथ"/Respondent) & आयकर अपील सं./Ita No.: 3171/Chny/2024 "नधा"रण वष"/Assessment Years: 2017-18 Shri S.Murugesh Deputy Commissioner # 3, North Car Street, Vs. Of Income Tax, Tirunelveli Town-627 006. Central Circle-1(3) Pan: Acvpm-6963-D Chennai. (अपीलाथ"/Appellant) (""यथ"/Respondent) & आयकर अपील सं./Ita No.: 3172/Chny/2024 "नधा"रण वष"/Assessment Years: 2017-18 Shri S.Ashok Deputy Commissioner # 3, North Car Street, Vs. Of Income Tax

56 in consequence of addition u/s 43CA held that penalty u/s 270A cannot be levied for the addition made under deeming provisions of the Act. 6. The ITAT Delhi in the case ITO vs. Ajay Sharma (ITAT Delhi, 2017) canceled the penalty under Section 271

M/S. REDINGTON DISTRIBUTION PTE LTD.,SINGAPORE vs. ACIT, INTL TAXN CIRCLE-2(1), CHENNAI

In the result, all the appeals of the assessee are allowed

Bench: Shri Aby T. Varkey & Shri S.R.Raghunatha

penalty which was levied by the AO under section 271(1)(c) of the Act on the same facts and circumstances and accordingly claimed that the impugned issue was squarely covered in favour of the assessee. Per contra, the Ld. DR vehemently supported the order of the lower authorities and didn’t agree that the lis in question was covered

REDINGTON DISTRIBUTIONS PTE LTD.,SINGAPORE vs. ACIT, INTL TAXN CIRCLE-2(1), CHENNAI

In the result, all the appeals of the assessee are allowed

Bench: Shri Aby T. Varkey & Shri S.R.Raghunatha

penalty which was levied by the AO under section 271(1)(c) of the Act on the same facts and circumstances and accordingly claimed that the impugned issue was squarely covered in favour of the assessee. Per contra, the Ld. DR vehemently supported the order of the lower authorities and didn’t agree that the lis in question was covered

REDINGTON DISTRIBUTION PTE LTD.,SINGAPORE vs. ACIT, INTL TAXN CIRCLE-2(1), CHENNAI

In the result, all the appeals of the assessee are allowed

Bench: Shri Aby T. Varkey & Shri S.R.Raghunatha

penalty which was levied by the AO under section 271(1)(c) of the Act on the same facts and circumstances and accordingly claimed that the impugned issue was squarely covered in favour of the assessee. Per contra, the Ld. DR vehemently supported the order of the lower authorities and didn’t agree that the lis in question was covered

ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2(1), CHENNAI, CHENNAI vs. SHRI PRAMOD CHORDIA, ALWARPET

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

Bench: Shri M. Balaganesh & Shri S.S. Viswanethra Raviआयकरअपीलसं./Ita No.:2138&2139/Chny/2025 यनिाारणवर्ा / Assessment Year:2021-22 Assistant Commissioner Of Shri Pramod Chordia Income Tax, Vs. No.112, St. Marys Road, Vidya Central Circle-2(1), Theertha Nagar, Alwarpet, Chennai. Chennai-600 018. [Pan:Aahpp0442L] (अपीलार्थी/Appellant) (प्रत्यर्थी/Respondent) अपीलार्थीकीओरसे/Appellant By : Mr.D.Anand, Advocate प्रत्यर्थीकीओरसे/Revenue By : Mr.C.P.Solomon, Jcit

56,00,000 minus Rs.30,00,000/-). The Ld.AO while completing the assessment proceedings, initiated penalty proceedings u/s 271AAD of the Act for the reason that the assessee omitted this entry in the books of accounts. This ultimately culminated in the passing of penalty order u/s. 271AAD of the Act on 29.06.2023 levying penalty of Rs.1

ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2(1), CHENNAI, CHENNAI vs. SHRI PRAMOD CHORDIA, CHENNAI

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

Bench: Shri M. Balaganesh & Shri S.S. Viswanethra Raviआयकरअपीलसं./Ita No.:2138&2139/Chny/2025 यनिाारणवर्ा / Assessment Year:2021-22 Assistant Commissioner Of Shri Pramod Chordia Income Tax, Vs. No.112, St. Marys Road, Vidya Central Circle-2(1), Theertha Nagar, Alwarpet, Chennai. Chennai-600 018. [Pan:Aahpp0442L] (अपीलार्थी/Appellant) (प्रत्यर्थी/Respondent) अपीलार्थीकीओरसे/Appellant By : Mr.D.Anand, Advocate प्रत्यर्थीकीओरसे/Revenue By : Mr.C.P.Solomon, Jcit

56,00,000 minus Rs.30,00,000/-). The Ld.AO while completing the assessment proceedings, initiated penalty proceedings u/s 271AAD of the Act for the reason that the assessee omitted this entry in the books of accounts. This ultimately culminated in the passing of penalty order u/s. 271AAD of the Act on 29.06.2023 levying penalty of Rs.1

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

56(1) (vii) (a) are not applicable as it is not Cash gifts are not received on occasion of marriage of self. Therefore, it is credit entry made in books of appellant whose genuineness is to be established by proving genuineness of amount by satisfying three conditions laid down by Hon'ble Courts i.e 1. Identity of creditor, 2. Creditworthiness