D.A.V. EDUCATIONAL TRUST,CHENNAI vs. ITO, EXEMPTION WARD-2, CHENNAI

In the result, the appeals filed by the assessee for AY 2014-15,\n2017-18 & 2018-19 are allowed and the appeal for AY 2015-16 is partly\nallowed

reassessment order passed under\nsection 147 r.w.s. 144B of the Act, in the facts and circumstances of the\ncase.\n22. The Id. AR Shri G. Baskar, Advocate adopted the same arguments\nadvanced in earlier assessment year 2014-15 in respect of \"change of\nopinion\". He relied on the decision of Hon'ble High Court of Gujarat in the\ncase

D.A.V. EDUCATIONAL TRUST,CHENNAI vs. ITO, EXEMPTION WARD-4,, CHENNAI

In the result, the appeals filed by the assessee for AY 2014-15,\n2017-18 & 2018-19 are allowed and the appeal for AY 2015-16 is partly\nallowed

reassessment order passed under\nsection 147 r.w.s. 144B of the Act, in the facts and circumstances of the\ncase.\n22. The Id. AR Shri G. Baskar, Advocate adopted the same arguments\nadvanced in earlier assessment year 2014-15 in respect of \"change of\nopinion\". He relied on the decision of Hon'ble High Court of Gujarat in the\ncase

FLSMIDTH PRIVATE LIMITED,CHENNAI vs. PCIT- 1, CHENNAI

In the result, the appeal filed by the assessee is dismissed

Bench: Shri Aby T. Varkey & Shri Jagadishआयकर अपील सं./Ita No.1636/Chny/2024 िनधा:रण वष: /Assessment Year: 2014-15 M/S. Flsmidth Pvt. Ltd., The Principal Commissioner Of No.34, Egatoor, Kelambakkam Vs. Income Tax-1, Rajiv Gandhi Salai, Chennai. Chennai – 603 103. [Pan: Aaacf 4997N]

184,53,19,919 (as on 31.03.2014) and Rs. 76,26,31,718 (as on 31.03.2013) and this being the amount reduced from the billed amount which the assessee had already charged its clients. Since the assessee follows mercantile system of accounting, income :- 4 -: accrues the moment bill is raised by the assessee. When the bill raised by the assessee

UMAMAHESWARI,CHENNAI vs. ACIT, NCC-7(1), CHENNAI

The appeal of the assessee is allowed

Bench: Shri Aby T. Varkey & Ms. Padmavathy.Sआयकर अपील सं./Ita No.2033/Chny/2025 िनधा$रण वष$ /Assessment Year: 2017-18

147 r.w.s 144 r.w.s 144D of the Act. Aggrieved, the assessee filed further appeal before the CIT(A). There was a delay 1064 days in filing the appeal before the CIT(A). The CIT(A) did not condone the delay and dismissed the appeal in limine. The assessee is in appeal before the Tribunal against the order

ABAN OFFSHORE LIMITED,CHENNAI vs. DCIT CORPORATE CIRCLE 1(1), CHENNAI

In the result, appeal filed by the Revenue in ITA

Bench: Shri V. Durga Rao, Hon’Ble & Shri G. Manjunatha, Hon’Bleआयकर अपील सं./Ita No.1812/Chny/2019 &

reassessment proceedings have been examined and answered through the queries raised in the notice u/s 143(2) dated 24-01-2014. 5. The Ld. CIT(A) ought to have appreciated the fact that reopening assessment beyond a period of 4 years from the end of the relevant assessment year is invalid as there is no failure on the part

JCIT (OSD), CORPORATE CIRCLE - 1 (1),, CHENNAI vs. M/S. ABAN OFFSHORE LTD.,, CHENNAI

In the result, appeal filed by the Revenue in ITA

Bench: Shri V. Durga Rao, Hon’Ble & Shri G. Manjunatha, Hon’Bleआयकर अपील सं./Ita No.1812/Chny/2019 &

reassessment proceedings have been examined and answered through the queries raised in the notice u/s 143(2) dated 24-01-2014. 5. The Ld. CIT(A) ought to have appreciated the fact that reopening assessment beyond a period of 4 years from the end of the relevant assessment year is invalid as there is no failure on the part

DCIT, CHENNAI vs. M/S. ABAN OFFSHORE LTD., CHENNAI

In the result, appeal filed by the Revenue in ITA

Bench: Shri V. Durga Rao, Hon’Ble & Shri G. Manjunatha, Hon’Bleआयकर अपील सं./Ita No.1812/Chny/2019 &

reassessment proceedings have been examined and answered through the queries raised in the notice u/s 143(2) dated 24-01-2014. 5. The Ld. CIT(A) ought to have appreciated the fact that reopening assessment beyond a period of 4 years from the end of the relevant assessment year is invalid as there is no failure on the part

D.SENTHIL KUMAR,CHENNAI vs. ACIT, COIMBATORE

In the result, the appeal of the assessee is allowed in terms of our above order

Bench: Hon’Ble Shri V. Durga Rao, Jm & Hon’Ble Shri Manoj Kumar Aggarwal, Am

reassessment or recomputation under Section 147, the Assessing Officer shall serve on the assessee a notice requiring him to furnish within such period, as may be specified in the notice, a return o{his income or the income of any other person in respect of which he is assessable under this Act during the previous year corresponding to the relevant

ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2, MADURAI vs. TRANSWORLD GARNET INDIA PVT LTD, CHENNAI

In the result, all the five appeals of the Revenue are dismissed

184\n16,18,61,715\n30,21,72,409\n2016-17\n12,92,74,800\n16,92,44,747\n8,00,00,000\n37,85,19,547\n2017-18\n2,59,00,000\n14,73,62,400\n17,32,62,400\nTotal\n21,32,05,510\n20,92,79,984\n31,66,07,147

ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2, MADURAI, MADURAI vs. TRANSWORLD GARNET INDIA PVT LTD.,, CHENNAI

In the result, all the five appeals of the Revenue are dismissed

184\n16,18,61,715\n30,21,72,409\n2016-17\n12,92,74,800\n16,92,44,747\n8,00,00,000\n37,85,19,547\n2017-18\n2,59,00,000\n14,73,62,400\n17,32,62,400\nTotal\n21,32,05,510\n20,92,79,984\n31,66,07,147

ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2, MADURAI, MADURAI vs. TRANSWORLD GARNET INDIA PVT LTD.,, CHENNAI

In the result, all the five appeals of the Revenue are dismissed

184\n16,18,61,715\n30,21,72,409\n2016-17\n12,92,74,800\n16,92,44,747\n8,00,00,000\n37,85,19,547\n2017-18\n2,59,00,000\n14,73,62,400\n17,32,62,400\nTotal\n21,32,05,510\n20,92,79,984\n31,66,07,147

ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2, MADURAI, MADURAI vs. TRANSWORLD GARNET INDIA PVT LTD.,, CHENNAI

In the result, all the five appeals of the Revenue are dismissed

Section under\n| | | | order of | assessment | which\n| | | | CIT(A) | order | assessment order\n| | | | | | was passed\n| 1 | 1872/Chny/2025 | 2013-14 | 07.04.2025 | 05.05.2021 | 153A r.w.s 143(3)\n| 2 | 1873/Chny/2025 | 2014-15 | 07.04.2025 | 05.05.2021 | 153A r.w.s 143(3)\n| 3 | 1875/Chny/2025 | 2015-16 | 09.04.2025 | 06.05.2021 | 153A r.w.s 143(3)\n| 4 | 1877/Chny/2025 | 2016-17 | 09.04.2025 | 06.05.2021 | 153A r.w.s

ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2, MADURAI, MADURAI vs. TRANSWORLD GARNET INDIA PVT LTD.,, CHENNAI

In the result, all the five appeals of the Revenue are dismissed

184\n16,18,61,715 30,21,72,409\n2016-17\n12,92,74,800 16,92,44,747\n8,00,00,000 37,85,19,547\n2017-18\n2,59,00,000 | 14,73,62,400\n17,32,62,400\nTotal 21,32,05,510 20,92,79,984 31,66,07,147