BharatTax.net
SearchITATHigh CourtsSupreme CourtPhrasesAI ResearchHistory

Filters

BharatTax.net

Free search engine for ITAT (Income Tax Appellate Tribunal) judgments across all 28 benches in India.

Quick Links

  • Search Judgments
  • Browse by Bench
  • Recent Judgments

About

BharatTax provides free access to Income Tax Appellate Tribunal orders for legal research and reference.

© 2026 BharatTax.net. All rights reserved.

47 results for “section 68”+ Section 10A(3)clear

Sorted by relevance

Delhi262Mumbai212Bangalore200Pune59Chennai47Kolkata40Ahmedabad37Jaipur34Hyderabad33Calcutta16Surat16Indore13Lucknow12Visakhapatnam10Karnataka10Guwahati8Telangana8Rajkot7Chandigarh7SC4Patna3Raipur2Rajasthan2Varanasi2Dehradun1Orissa1Cochin1Allahabad1Cuttack1Panaji1Agra1

Key Topics

Section 10A66Section 143(3)39Section 12A36Section 14732Deduction31Disallowance25Section 4024Section 80I22Section 14819Exemption

M/S. ACCURATE DATA CONVERTORS P. LTD.,COIMBATORE vs. ITO, COIMBATORE

In the result, the appeal of the assessee is dismissed

ITA 2514/CHNY/2016[2009-10]Status: DisposedITAT Chennai26 May 2017AY 2009-10

Bench: Shri N.R.S. Ganesan & Shri D.S.Sunder Singhआयकर अपील सं./Ita No.2514/Mds/2016 "नधा+रण वष+ /Assessment Year: 2009-10

For Respondent: Mr.Supriyo Pal, JCIT
Section 10ASection 143(3)Section 147Section 148

10A. (1) Subject to the provisions of this section, any profits and gains derived by an assessee from an industrial undertaking to which this section applies shall not be included in the total income of the assessee. (2) This section applies to any industrial undertaking which fulfils all the following conditions, namely:— 66[(i) it has begun

DCIT, CHENNAI vs. THE OFFICIAL LIQUIDATOR M/S. MASCON GLOBAL LTD. (IN LIQUIDATION), CHENNAI

Showing 1–20 of 47 · Page 1 of 3

18
Section 3516
Addition to Income15

Accordingly, the ground raised by the Revenue is dismissed

ITA 634/CHNY/2017[2009-10]Status: DisposedITAT Chennai22 Jun 2018AY 2009-10

Bench: Shri A. Mohan Alankamony & Shri Duvvuru Rl Reddy

For Appellant: NoneFor Respondent: Shri Srinivasa Rao, CIT
Section 143(1)Section 143(3)Section 147Section 148

10A of the Act. 2. For the assessment year 2003-04 under appeal the appellant company declared loss of Rs.17,88,68,890/-. The assessing officer took up the case for 9 I.T.A. No.1139/Chny/08, 1135/Chny/10 & C.O. No. 69/Chny/17, 1136/Chny/10 & 632-634/Chny/17 scrutiny and referred the case to the Transfer Pricing Officer III, Chennai(TPO) u/s 92CA

DCIT, CHENNAI vs. THE OFFICIAL LIQUIDATOR M/S. MASCON GLOBAL LTD. (IN LIQUIDATION), CHENNAI

Accordingly, the ground raised by the Revenue is dismissed

ITA 633/CHNY/2017[2004-05]Status: DisposedITAT Chennai22 Jun 2018AY 2004-05

Bench: Shri A. Mohan Alankamony & Shri Duvvuru Rl Reddy

For Appellant: NoneFor Respondent: Shri Srinivasa Rao, CIT
Section 143(1)Section 143(3)Section 147Section 148

10A of the Act. 2. For the assessment year 2003-04 under appeal the appellant company declared loss of Rs.17,88,68,890/-. The assessing officer took up the case for 9 I.T.A. No.1139/Chny/08, 1135/Chny/10 & C.O. No. 69/Chny/17, 1136/Chny/10 & 632-634/Chny/17 scrutiny and referred the case to the Transfer Pricing Officer III, Chennai(TPO) u/s 92CA

DCIT, CHENNAI vs. THE OFFICIAL LIQUIDATOR M/S. MASCON GLOBAL LTD. (IN LIQUIDATION), CHENNAI

Accordingly, the ground raised by the Revenue is dismissed

ITA 632/CHNY/2017[2003-04]Status: DisposedITAT Chennai22 Jun 2018AY 2003-04

Bench: Shri A. Mohan Alankamony & Shri Duvvuru Rl Reddy

For Appellant: NoneFor Respondent: Shri Srinivasa Rao, CIT
Section 143(1)Section 143(3)Section 147Section 148

10A of the Act. 2. For the assessment year 2003-04 under appeal the appellant company declared loss of Rs.17,88,68,890/-. The assessing officer took up the case for 9 I.T.A. No.1139/Chny/08, 1135/Chny/10 & C.O. No. 69/Chny/17, 1136/Chny/10 & 632-634/Chny/17 scrutiny and referred the case to the Transfer Pricing Officer III, Chennai(TPO) u/s 92CA

ACIT, CHENNAI vs. M/S. MASCON GLOBAL LTD., CHENNAI

Accordingly, the ground raised by the Revenue is dismissed

ITA 1139/CHNY/2008[2003-04]Status: DisposedITAT Chennai22 Jun 2018AY 2003-04

Bench: Shri A. Mohan Alankamony & Shri Duvvuru Rl Reddy

For Appellant: NoneFor Respondent: Shri Srinivasa Rao, CIT
Section 143(1)Section 143(3)Section 147Section 148

10A of the Act. 2. For the assessment year 2003-04 under appeal the appellant company declared loss of Rs.17,88,68,890/-. The assessing officer took up the case for 9 I.T.A. No.1139/Chny/08, 1135/Chny/10 & C.O. No. 69/Chny/17, 1136/Chny/10 & 632-634/Chny/17 scrutiny and referred the case to the Transfer Pricing Officer III, Chennai(TPO) u/s 92CA

PRODAPT SOLUTIONS PVT LTD.,CHENNAI vs. DCIT, CHENNAI

In the result the appeal of the assessee is allowed for statistical purpose

ITA 1015/CHNY/2015[2010-11]Status: DisposedITAT Chennai16 Jan 2017AY 2010-11

Bench: Shri Chandra Poojari & Shri G. Pavan Kumarआयकर अपील सं./Ita Nos.: 1015/Mds/2015 िनधा"रण वष" / Assessment Years : 2010-11 M/S. Prodapt Solutions Pvt Ltd., The Deputy Commissioner Of No.9, Seshadri Road, V. Income Tax, Alwarpet, Corporate Circle –5(2), Chennai – 600 018. Chennai – 600 034. Pan : Aaacz0985G (अपीलाथ"/Appellant) (""यथ"/Respondent) अपीलाथ" क" ओर से/Appellant By : Shri Vikram Vijayaraghavan, Advocate ""यथ" क" ओर से/Respondent By : Shri Vivekanandan, Cit सुनवाई क" तार"ख/Date Of Hearing : 24.10.2016 घोषणा क" तार"ख/Date Of Pronouncement : 16.01.2017

For Appellant: Shri Vikram Vijayaraghavan, AdvocateFor Respondent: Shri Vivekanandan, CIT
Section 10ASection 115JSection 143(2)Section 143(3)Section 2Section 36Section 40

3,11,80,617/- and disallowed. The DRP has considered these facts and confirmed the action of the Assessing Officer as the assessee could not satisfy the prescribed eligibility conditions for deduction under Section 10A of the Act. 6. On appeal before us, the Ld. AR submitted that the assessee is eligible for deduction under Section 10A

DCIT, CHENNAI vs. B.V.REDDY ENTERPRISES PVT LTD., CHENNAI

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

ITA 1914/CHNY/2019[2010-11]Status: DisposedITAT Chennai04 Nov 2022AY 2010-11

Bench: Shri V. Durga Rao & Shri Manoj Kumar Aggarwalआयकर अपील सं./I.T.A. No.1914/Chny/2019 िनधा"रण वष"/Assessment Year: 2010-11 The Deputy Commissioner Of Vs. M/S. B.V. Reddy Enterprises Pvt. Ltd., Income Tax, New No. 21/Old No. 10A, First Floor, Corporate Circle 1(2), Umayal Road, Kilpauk, Chennai 600 034. Chennai 600 010. [Pan:Aaccn2252L] (अपीलाथ"/Appellant) (""थ"/Respondent) अपीलाथ" की ओर से / Appellant By : Shri G. Johnson, Addl. Cit ""थ" की ओर से/Respondent By : Shri S. Sridhar, Advocate सुनवाई की तारीख/ Date Of Hearing : 15.09.2022 घोषणा की तारीख /Date Of Pronouncement 04.11.2022 : 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) 1, Chennai, Dated 29.03.2019 Relevant To The Assessment Year 2010-11. 2. Facts Are, In Brief, That The Assessee Filed Its Return Of Income For The Assessment Year 2010-11 On 13.10.2010 Admitting Total Income Of ₹.15,50,25,060/-. The Assessing Officer Has Completed The Assessment Under Section 143(3) Of The Income Tax Act, 1961 [“Act” In Short] Dated

For Appellant: Shri G. Johnson, Addl. CITFor Respondent: Shri S. Sridhar, Advocate
Section 14Section 143(2)Section 143(3)Section 147Section 148

10A, First Floor, Corporate Circle 1(2), Umayal Road, Kilpauk, Chennai 600 034. Chennai 600 010. [PAN:AACCN2252L] (अपीलाथ"/Appellant) (""थ"/Respondent) अपीलाथ" की ओर से / Appellant by : Shri G. Johnson, Addl. CIT ""थ" की ओर से/Respondent by : Shri S. Sridhar, Advocate सुनवाई की तारीख/ Date of hearing : 15.09.2022 घोषणा की तारीख /Date of Pronouncement 04.11.2022 : आदेश

ST. JOHN FREIGHT SYSTEMS LTD.,TUTICORIN vs. DCIT CENTRAL CIRCLE 1, MADURAI

In the result appeals filed in ITA Nos

ITA 2898/CHNY/2019[2008-09]Status: DisposedITAT Chennai06 Apr 2023AY 2008-09

Bench: Shri Mahavir Singh, Hon’Ble & Shri Arun Khodpia, Hon’Bleआयकरअपीलसं./Ita Nos.188 & 2898 To 2900/Chny/2019 िनधा"रणवष"/Assessment Years: 2007-08 To 2010-11 V. M/S.St.John Freight – The Dy. Commissioner- Systems Pvt. Ltd., Of Income Tax, C-98, Sipcot Complex, Central Circle-1, Harbour Express Road, Madurai. Tuticorin-628 008. [Pan:Aaacs 4697 N] (अपीलाथ"/Appellant) (""थ"/Respondent) अपीलाथ" की ओर से/ Appellant By : Mr.R.Vijayaraghavan, Adv. ""थ" की ओर से /Respondent By : Mr.S.Senthil Kumaran, Cit सुनवाईकीतारीख/Date Of Hearing : 13.03.2023 घोषणाकीतारीख /Date Of Pronouncement : 06.04.2023

For Appellant: Mr.R.Vijayaraghavan, AdvFor Respondent: Mr.S.Senthil Kumaran, CIT
Section 139Section 139(1)Section 143(3)Section 147Section 153ASection 153A(1)(a)Section 80ASection 80I

68,84,120. This return claimed an deduction of Rs.1,31,84,425 u/s.80IA(4). But, since the original return was not filed in time, the claim of deduction claimed u/s.80IA(4) was denied because of the provisions of section 80AC. As per the provisions of Section 80AC, no deduction u/s.80IA shall be levied unless the assessee furnishes

ST. JOHN FREIGHT SYSTEMS PVT. LTD.,,TUTUCORIN vs. DCIT, CC-1,, MADURAI

In the result appeals filed in ITA Nos

ITA 2900/CHNY/2019[2010-11]Status: DisposedITAT Chennai06 Apr 2023AY 2010-11

Bench: Shri Mahavir Singh, Hon’Ble & Shri Arun Khodpia, Hon’Bleआयकरअपीलसं./Ita Nos.188 & 2898 To 2900/Chny/2019 िनधा"रणवष"/Assessment Years: 2007-08 To 2010-11 V. M/S.St.John Freight – The Dy. Commissioner- Systems Pvt. Ltd., Of Income Tax, C-98, Sipcot Complex, Central Circle-1, Harbour Express Road, Madurai. Tuticorin-628 008. [Pan:Aaacs 4697 N] (अपीलाथ"/Appellant) (""थ"/Respondent) अपीलाथ" की ओर से/ Appellant By : Mr.R.Vijayaraghavan, Adv. ""थ" की ओर से /Respondent By : Mr.S.Senthil Kumaran, Cit सुनवाईकीतारीख/Date Of Hearing : 13.03.2023 घोषणाकीतारीख /Date Of Pronouncement : 06.04.2023

For Appellant: Mr.R.Vijayaraghavan, AdvFor Respondent: Mr.S.Senthil Kumaran, CIT
Section 139Section 139(1)Section 143(3)Section 147Section 153ASection 153A(1)(a)Section 80ASection 80I

68,84,120. This return claimed an deduction of Rs.1,31,84,425 u/s.80IA(4). But, since the original return was not filed in time, the claim of deduction claimed u/s.80IA(4) was denied because of the provisions of section 80AC. As per the provisions of Section 80AC, no deduction u/s.80IA shall be levied unless the assessee furnishes

ST. JOHN FREIGHT SYSTEMS LTD.,TUTICORIN vs. DCIT CENTRAL CIRCLE 1, MADURAI

In the result appeals filed in ITA Nos

ITA 2899/CHNY/2019[2009-10]Status: DisposedITAT Chennai06 Apr 2023AY 2009-10

Bench: Shri Mahavir Singh, Hon’Ble & Shri Arun Khodpia, Hon’Bleआयकरअपीलसं./Ita Nos.188 & 2898 To 2900/Chny/2019 िनधा"रणवष"/Assessment Years: 2007-08 To 2010-11 V. M/S.St.John Freight – The Dy. Commissioner- Systems Pvt. Ltd., Of Income Tax, C-98, Sipcot Complex, Central Circle-1, Harbour Express Road, Madurai. Tuticorin-628 008. [Pan:Aaacs 4697 N] (अपीलाथ"/Appellant) (""थ"/Respondent) अपीलाथ" की ओर से/ Appellant By : Mr.R.Vijayaraghavan, Adv. ""थ" की ओर से /Respondent By : Mr.S.Senthil Kumaran, Cit सुनवाईकीतारीख/Date Of Hearing : 13.03.2023 घोषणाकीतारीख /Date Of Pronouncement : 06.04.2023

For Appellant: Mr.R.Vijayaraghavan, AdvFor Respondent: Mr.S.Senthil Kumaran, CIT
Section 139Section 139(1)Section 143(3)Section 147Section 153ASection 153A(1)(a)Section 80ASection 80I

68,84,120. This return claimed an deduction of Rs.1,31,84,425 u/s.80IA(4). But, since the original return was not filed in time, the claim of deduction claimed u/s.80IA(4) was denied because of the provisions of section 80AC. As per the provisions of Section 80AC, no deduction u/s.80IA shall be levied unless the assessee furnishes

ST. JOHN FREIGHT SYSTEMS LTD.,TUTICORIN vs. DCIT CENTRAL CIRCLE 1, MADURAI

In the result appeals filed in ITA Nos

ITA 188/CHNY/2019[2007-08]Status: DisposedITAT Chennai06 Apr 2023AY 2007-08

Bench: Shri Mahavir Singh, Hon’Ble & Shri Arun Khodpia, Hon’Bleआयकरअपीलसं./Ita Nos.188 & 2898 To 2900/Chny/2019 िनधा"रणवष"/Assessment Years: 2007-08 To 2010-11 V. M/S.St.John Freight – The Dy. Commissioner- Systems Pvt. Ltd., Of Income Tax, C-98, Sipcot Complex, Central Circle-1, Harbour Express Road, Madurai. Tuticorin-628 008. [Pan:Aaacs 4697 N] (अपीलाथ"/Appellant) (""थ"/Respondent) अपीलाथ" की ओर से/ Appellant By : Mr.R.Vijayaraghavan, Adv. ""थ" की ओर से /Respondent By : Mr.S.Senthil Kumaran, Cit सुनवाईकीतारीख/Date Of Hearing : 13.03.2023 घोषणाकीतारीख /Date Of Pronouncement : 06.04.2023

For Appellant: Mr.R.Vijayaraghavan, AdvFor Respondent: Mr.S.Senthil Kumaran, CIT
Section 139Section 139(1)Section 143(3)Section 147Section 153ASection 153A(1)(a)Section 80ASection 80I

68,84,120. This return claimed an deduction of Rs.1,31,84,425 u/s.80IA(4). But, since the original return was not filed in time, the claim of deduction claimed u/s.80IA(4) was denied because of the provisions of section 80AC. As per the provisions of Section 80AC, no deduction u/s.80IA shall be levied unless the assessee furnishes

GDA TECHNOLOGIES LIMITED,CHENNAI vs. ACIT, COIMBATORE

In the result, the assessee’s appeals for ays 2010-11 & 2011-12 are

ITA 1080/CHNY/2016[2010-11]Status: DisposedITAT Chennai13 Jul 2017AY 2010-11

Bench: Shri N.R.S. Ganesan & Shri S. Jayaraman

For Appellant: Shri R. Mugundan, CAFor Respondent: Shri Sundara Rao, CIT
Section 10ASection 143Section 263

section 10A (1) of the IT Act, deduction is to be :-3-: I.T.A. N0s. 1080 & 1801/Mds/2016 allowed from the total income after setting off of brought forward losses. The CBDT vide circular dated 16.07.2013 (File No. 279/Misc./M-116/2012-IT) has clarified this procedure. This resulted in excess allowance of deduction u/s. 10A as given under: Profit before deduction u/s. 10A

GDA TECHNOLOGIES LIMITED,CHENNAI vs. ACIT, COIMBATORE

In the result, the assessee’s appeals for ays 2010-11 & 2011-12 are

ITA 1081/CHNY/2016[2011-12]Status: DisposedITAT Chennai13 Jul 2017AY 2011-12

Bench: Shri N.R.S. Ganesan & Shri S. Jayaraman

For Appellant: Shri R. Mugundan, CAFor Respondent: Shri Sundara Rao, CIT
Section 10ASection 143Section 263

section 10A (1) of the IT Act, deduction is to be :-3-: I.T.A. N0s. 1080 & 1801/Mds/2016 allowed from the total income after setting off of brought forward losses. The CBDT vide circular dated 16.07.2013 (File No. 279/Misc./M-116/2012-IT) has clarified this procedure. This resulted in excess allowance of deduction u/s. 10A as given under: Profit before deduction u/s. 10A

DCIT, CHENNAI vs. AJUBA SOLUTIONS INDIA P LTD., CHENNAI

In the result, both the appeals of the Revenue are allowed for statistical purposes

ITA 793/CHNY/2016[2010-11]Status: DisposedITAT Chennai23 Sept 2016AY 2010-11

Bench: Shri N.R.S. Ganesan & Shri A. Mohan Alankamonyआयकर अपील सं./Ita Nos. 792 & 793/Mds/2016 "नधा"रण वष" / Assessment Years : 2009-10 & 2010-11 The Deputy Commissioner Of M/S Ajuba Solutions India Pvt. Ltd., Income Tax, V. 12-02, Tidel Park, Corporate Circle -1(1), 4, Canal Bank Road, Taramani, Chennai - 600 034. Chennai - 600 113. Pan : Aacca 8448 D (अपीलाथ"/Appellant) (""यथ"/Respondent)

For Appellant: Shri Supriyo Pal, JCITFor Respondent: Sh. R. Vijayaraghavan, Advocate
Section 10ASection 201Section 40Section 40A(7)Section 80

68,379/-. Similarly, for assessment year 2010-11, a sum of `20,13,939/- was claimed as income derived from undertaking for the purpose of exemption under Section 10A of the Act. The CIT(Appeals) allowed the claim of the assessee on the ground that disallowance made under Section 40A(7) of the Act needs to be reconsidered

DCIT, CHENNAI vs. AJUBA SOLUTIONS INDIA P LTD., CHENNAI

In the result, both the appeals of the Revenue are allowed for statistical purposes

ITA 792/CHNY/2016[2009-10]Status: DisposedITAT Chennai23 Sept 2016AY 2009-10

Bench: Shri N.R.S. Ganesan & Shri A. Mohan Alankamonyआयकर अपील सं./Ita Nos. 792 & 793/Mds/2016 "नधा"रण वष" / Assessment Years : 2009-10 & 2010-11 The Deputy Commissioner Of M/S Ajuba Solutions India Pvt. Ltd., Income Tax, V. 12-02, Tidel Park, Corporate Circle -1(1), 4, Canal Bank Road, Taramani, Chennai - 600 034. Chennai - 600 113. Pan : Aacca 8448 D (अपीलाथ"/Appellant) (""यथ"/Respondent)

For Appellant: Shri Supriyo Pal, JCITFor Respondent: Sh. R. Vijayaraghavan, Advocate
Section 10ASection 201Section 40Section 40A(7)Section 80

68,379/-. Similarly, for assessment year 2010-11, a sum of `20,13,939/- was claimed as income derived from undertaking for the purpose of exemption under Section 10A of the Act. The CIT(Appeals) allowed the claim of the assessee on the ground that disallowance made under Section 40A(7) of the Act needs to be reconsidered

ITO, WARD-2,, PERAMBALUR vs. SHRI S.B. RAJA,, ARIYALUR

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

ITA 3189/CHNY/2019[2010-11]Status: DisposedITAT Chennai31 Jan 2022AY 2010-11

Bench: Shri V. Durga Rao & Shri G. Manjunathaआयकर अपील सं./Ita No.: 3189/Chny/2019 िनधा"रण वष" / Assessment Year: 2010-11 Income Tax Officer, Shri. S.B. Raja, Ward -2, V. No. 14, North Street, Perambalur. Soorkuzhi, Andimadam, Udayarpalayam Tulak, Ariyalur 621 801. [Pan: Anzpr 3754L] (अपीलाथ"/Appellant) (""यथ"/Respondent) अपीलाथ" क" ओर से/Appellant By : None ""यथ" क" ओर से/Respondent By : Dr. I.P. Roopa, Jcit सुनवाई क" तार"ख/Date Of Hearing : 05.01.2022 घोषणा क" तार"ख/Date Of Pronouncement : 31.01.2022

For Appellant: NoneFor Respondent: Dr. I.P. Roopa, JCIT
Section 143(2)Section 143(3)Section 147Section 148Section 44ASection 69

10A was allowed in excess, was hased on nothing but a change of opinion on same facts and circumstances which were already in his knowledge even during origins! assessment proceedings - Held, yes [Para 13] [ :-9-: ITA No: 3189/Chny/2019 Case 4 (2017J85taxmann.com 131 (Madras) HIGH COURT OF MADRAS Gay Travels (P.) Ltd. Deputy Commissioner of Income-tax, Company Circle

ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE LTU-1, CHENNAI, NUNGAMBAKKAM vs. ORIENT GREEN POWER COMPANY LIMITED , CHENNAI

In the result, appeal filed by the assessee is allowed

ITA 230/CHNY/2025[2014-15]Status: DisposedITAT Chennai15 May 2025AY 2014-15

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

For Appellant: Ms. Anitha, Addl.CITFor Respondent: Mr. Raghav Rajeev Menon
Section 143(3)Section 14ASection 92BSection 92C

68,141/-. During the course of assessment proceedings, the AO made reference to TPO for determining arm’s length price of specified domestic transaction. The TPO, Chennai passed an order u/s.92CA(3) on 30.10.2017 disallowing Rs.4,04,49,600/-. Subsequently, the AO has completed the assessment u/s.143(3) r.w.s 92CA r.w.s 144C(1) on 29.01.2018 by making following additions

INVESTOR FINANCIAL EDUCATION ACADEMY,CHENNAI vs. ITO (EXEMPTION) - 4, CHENNAI

In the result, the appeal filed by the assessee is allowed and the substantial questions of law framed for consideration, are answered in favour of the assessee

ITA 3007/CHNY/2018[2018-19]Status: DisposedITAT Chennai12 Apr 2022AY 2018-19

Bench: Shri V. Durga Rao & Shri G. Manjunathaआयकर अपील सं./I.T.A. Nos.3006 & 3007/Chny/2018 िनधा"रण वष"/Assessment Years: 2018-19 M/S. Investor Financial Education Vs. The Income Tax Officer Academy, 5A, 5Th Floor, Kences Tower, (Exemption) - 4, No. 1, Ramakrishnan Street, T. Nagar, Chennai 600 034. Chennai 600 017. [Pan:Aacci5911R] (अपीलाथ"/Appellant) (""थ"/Respondent) अपीलाथ" की ओर से / Appellant By : Shri R. Sivaraman, Advocate ""थ" की ओर से/Respondent By : Shri M. Rajan, Cit सुनवाई की तारीख/ Date Of Hearing : 08.02.2022 घोषणा की तारीख /Date Of Pronouncement : 12.04.2022 आदेश /O R D E R Per V. Durga Rao: Both The Appeals Filed By The Assessee Are Directed Against Different Orders Of The Ld. Commissioner Of Income Tax (Exemptions), Chennai Both Dated 28.09.2018 Passed Under Section 80G(5)(Vi) As Well As 12Aa Of The Income Tax Act, 1961 Relevant To The Assessment Year 2018-19. 2. Brief Facts Of The Case Are That The Assessee Originally Filed The Application In Form No. 10A For Registration Under Section 12Aa Of The 2

For Appellant: Shri R. Sivaraman, AdvocateFor Respondent: Shri M. Rajan, CIT
Section 12ASection 2(15)Section 25Section 80G(5)(vi)

10A filed by the assessee on 02.03.2017 towards grant of registration under section 12AA of the Act, the assessee preferred further appeal before the Hon’ble Jurisdictional High Court and the Hon’ble High Court, vide its order in T.C.A. No. 900 of 2018 dated 04.09.2020, allowed the appeal of the assessee and therefore, the ld. Counsel prayed that

INVESTOR FINANCIAL EDUCATION ACADEMY,CHENNAI vs. ITO (EXEMPTION) - 4, CHENNAI

In the result, the appeal filed by the assessee is allowed and the substantial questions of law framed for consideration, are answered in favour of the assessee

ITA 3006/CHNY/2018[2018-19]Status: DisposedITAT Chennai12 Apr 2022AY 2018-19

Bench: Shri V. Durga Rao & Shri G. Manjunathaआयकर अपील सं./I.T.A. Nos.3006 & 3007/Chny/2018 िनधा"रण वष"/Assessment Years: 2018-19 M/S. Investor Financial Education Vs. The Income Tax Officer Academy, 5A, 5Th Floor, Kences Tower, (Exemption) - 4, No. 1, Ramakrishnan Street, T. Nagar, Chennai 600 034. Chennai 600 017. [Pan:Aacci5911R] (अपीलाथ"/Appellant) (""थ"/Respondent) अपीलाथ" की ओर से / Appellant By : Shri R. Sivaraman, Advocate ""थ" की ओर से/Respondent By : Shri M. Rajan, Cit सुनवाई की तारीख/ Date Of Hearing : 08.02.2022 घोषणा की तारीख /Date Of Pronouncement : 12.04.2022 आदेश /O R D E R Per V. Durga Rao: Both The Appeals Filed By The Assessee Are Directed Against Different Orders Of The Ld. Commissioner Of Income Tax (Exemptions), Chennai Both Dated 28.09.2018 Passed Under Section 80G(5)(Vi) As Well As 12Aa Of The Income Tax Act, 1961 Relevant To The Assessment Year 2018-19. 2. Brief Facts Of The Case Are That The Assessee Originally Filed The Application In Form No. 10A For Registration Under Section 12Aa Of The 2

For Appellant: Shri R. Sivaraman, AdvocateFor Respondent: Shri M. Rajan, CIT
Section 12ASection 2(15)Section 25Section 80G(5)(vi)

10A filed by the assessee on 02.03.2017 towards grant of registration under section 12AA of the Act, the assessee preferred further appeal before the Hon’ble Jurisdictional High Court and the Hon’ble High Court, vide its order in T.C.A. No. 900 of 2018 dated 04.09.2020, allowed the appeal of the assessee and therefore, the ld. Counsel prayed that

DCIT, CHENNAI vs. M/S. POLARIS FINANCIAL TECHNOLOGY LTD., CHENNAI

In the result, both the appeals filed by the Revenue as well as the assessee are dismissed

ITA 2257/CHNY/2016[2010-11]Status: DisposedITAT Chennai29 Jun 2017AY 2010-11

Bench: Shri N.R.S. Ganesan & Shri A. Mohan Alankamony

For Appellant: Shri S. Balasubramanian, CITFor Respondent: Sh. R. Vijayaraghavan, Advocate
Section 10ASection 14A

3,21,68,40,000/- to a closing balance of `5,17,93,70,000/-. The Assessing Officer further found that the value of asset rose to `1,84,18,32,000 from `1,76,96,30,000/-. Therefore, by applying Rule 8D, the Assessing Officer made addition of `1,71,68,777/- under Section