MENAKURU SUKUMAR REDDY,HYDERABAD vs. DCIT(A), CHENNAI

In the result the appeal of the revenue is dismissed

Bench: Shri S.S. Viswanethra Ravi & Shri S. R. Raghunatha

68,89,922 1,15,25,809 The settled legal position that the same income cannot be subjected to tax twice is no longer res integra and stands affirmed by the Hon’ble Supreme Court in Berger Paints India Ltd. as well as by the Hon’ble Bombay High Court in Skyline :-24-: ITA Nos: 991, 992, 993, 1639 & 1644/Chny/2025

MENAKURU SUKUMAR REDDY,HYDERABAD vs. DCIT(A), CHENNAI

In the result the appeal of the revenue is dismissed

Bench: Shri S.S. Viswanethra Ravi & Shri S. R. Raghunatha

68,89,922 1,15,25,809 The settled legal position that the same income cannot be subjected to tax twice is no longer res integra and stands affirmed by the Hon’ble Supreme Court in Berger Paints India Ltd. as well as by the Hon’ble Bombay High Court in Skyline :-24-: ITA Nos: 991, 992, 993, 1639 & 1644/Chny/2025

DCIT , CORPORATE RANGE - 1 (1), CHENNAI vs. M/S ASPIRE SYSTEMS INDIA PRIVATE LIMITED , CHENNAI

In the result, appeals filed by the revenue for assessment

Bench: Shri Mahavir Singh, Hon’Ble & Shri Manjunatha. G, Hon’Bleआयकर अपील सं./Ita Nos.: 1069, 1070 & 1071/Chny/2022, 159 & 315/Chny/2023 िनधा"रण वष" / Assessment Years: 2010-11, 2017-18, 2016-17, 2012-13 & 2013-14 Dcit/Jcit(Osd), M/S. Aspire Systems India Corporate Circle -1(1), V. Private Limited, Chennai – 600 034. Old No. 4, New No. 7, Ii Trust Link Road, Raja Annamalaipuram, Chennai – 600 028. [Pan: Aacca-4543-M] (अपीलाथ"/Appellant) (""यथ"/Respondent) आयकर अपील सं./Ita Nos.: 39 & 40/Chny/2023 िनधा"रण वष" / Assessment Years: 2012-13 & 2013-14

928 towards provision made for expenses on accrual basis for professional charges under section 37 without considering the fact that the appellant is following mercantile system of accounting. The appellant seeks your leave to add, alter, amend or delete any of the grounds prayed at the time of hearing.” :-4-: ITA. Nos: 1069, 1070 & 1071/Chny/2022, 39, 40, 159 & 315/Chny/2023

DCIT , CORPORATE CIRCLE - 1 (1), CHENNAI vs. M/S ASPIRE SYSTEMS INDIA PRIVATE LIMITED , CHENNAI

In the result, appeals filed by the revenue for assessment

Bench: Shri Mahavir Singh, Hon’Ble & Shri Manjunatha. G, Hon’Bleआयकर अपील सं./Ita Nos.: 1069, 1070 & 1071/Chny/2022, 159 & 315/Chny/2023 िनधा"रण वष" / Assessment Years: 2010-11, 2017-18, 2016-17, 2012-13 & 2013-14 Dcit/Jcit(Osd), M/S. Aspire Systems India Corporate Circle -1(1), V. Private Limited, Chennai – 600 034. Old No. 4, New No. 7, Ii Trust Link Road, Raja Annamalaipuram, Chennai – 600 028. [Pan: Aacca-4543-M] (अपीलाथ"/Appellant) (""यथ"/Respondent) आयकर अपील सं./Ita Nos.: 39 & 40/Chny/2023 िनधा"रण वष" / Assessment Years: 2012-13 & 2013-14

928 towards provision made for expenses on accrual basis for professional charges under section 37 without considering the fact that the appellant is following mercantile system of accounting. The appellant seeks your leave to add, alter, amend or delete any of the grounds prayed at the time of hearing.” :-4-: ITA. Nos: 1069, 1070 & 1071/Chny/2022, 39, 40, 159 & 315/Chny/2023

M/S ASPIRE SYSTEMS INDIA PRIVATE LIMITED ,CHENNAI vs. DCIT , CORPORATE RANGE - 1 (1), CHENNAI

In the result, appeals filed by the revenue for assessment

Bench: Shri Mahavir Singh, Hon’Ble & Shri Manjunatha. G, Hon’Bleआयकर अपील सं./Ita Nos.: 1069, 1070 & 1071/Chny/2022, 159 & 315/Chny/2023 िनधा"रण वष" / Assessment Years: 2010-11, 2017-18, 2016-17, 2012-13 & 2013-14 Dcit/Jcit(Osd), M/S. Aspire Systems India Corporate Circle -1(1), V. Private Limited, Chennai – 600 034. Old No. 4, New No. 7, Ii Trust Link Road, Raja Annamalaipuram, Chennai – 600 028. [Pan: Aacca-4543-M] (अपीलाथ"/Appellant) (""यथ"/Respondent) आयकर अपील सं./Ita Nos.: 39 & 40/Chny/2023 िनधा"रण वष" / Assessment Years: 2012-13 & 2013-14

928 towards provision made for expenses on accrual basis for professional charges under section 37 without considering the fact that the appellant is following mercantile system of accounting. The appellant seeks your leave to add, alter, amend or delete any of the grounds prayed at the time of hearing.” :-4-: ITA. Nos: 1069, 1070 & 1071/Chny/2022, 39, 40, 159 & 315/Chny/2023

JCIT(OSD),CORPORATE CIRCLE-1(10, CHENNAI vs. ASPIRE SYSTEMS INDIALTD., CHENNAI

In the result, appeals filed by the revenue for assessment

Bench: Shri Mahavir Singh, Hon’Ble & Shri Manjunatha. G, Hon’Bleआयकर अपील सं./Ita Nos.: 1069, 1070 & 1071/Chny/2022, 159 & 315/Chny/2023 िनधा"रण वष" / Assessment Years: 2010-11, 2017-18, 2016-17, 2012-13 & 2013-14 Dcit/Jcit(Osd), M/S. Aspire Systems India Corporate Circle -1(1), V. Private Limited, Chennai – 600 034. Old No. 4, New No. 7, Ii Trust Link Road, Raja Annamalaipuram, Chennai – 600 028. [Pan: Aacca-4543-M] (अपीलाथ"/Appellant) (""यथ"/Respondent) आयकर अपील सं./Ita Nos.: 39 & 40/Chny/2023 िनधा"रण वष" / Assessment Years: 2012-13 & 2013-14

928 towards provision made for expenses on accrual basis for professional charges under section 37 without considering the fact that the appellant is following mercantile system of accounting. The appellant seeks your leave to add, alter, amend or delete any of the grounds prayed at the time of hearing.” :-4-: ITA. Nos: 1069, 1070 & 1071/Chny/2022, 39, 40, 159 & 315/Chny/2023

M/S ASPIRE SYSTEMS INDIA PRIVATE LIMITED ,CHENNAI vs. DCIT , CORPORATE RANGE - 1 (1), CHENNAI

In the result, appeals filed by the revenue for assessment

Bench: Shri Mahavir Singh, Hon’Ble & Shri Manjunatha. G, Hon’Bleआयकर अपील सं./Ita Nos.: 1069, 1070 & 1071/Chny/2022, 159 & 315/Chny/2023 िनधा"रण वष" / Assessment Years: 2010-11, 2017-18, 2016-17, 2012-13 & 2013-14 Dcit/Jcit(Osd), M/S. Aspire Systems India Corporate Circle -1(1), V. Private Limited, Chennai – 600 034. Old No. 4, New No. 7, Ii Trust Link Road, Raja Annamalaipuram, Chennai – 600 028. [Pan: Aacca-4543-M] (अपीलाथ"/Appellant) (""यथ"/Respondent) आयकर अपील सं./Ita Nos.: 39 & 40/Chny/2023 िनधा"रण वष" / Assessment Years: 2012-13 & 2013-14

928 towards provision made for expenses on accrual basis for professional charges under section 37 without considering the fact that the appellant is following mercantile system of accounting. The appellant seeks your leave to add, alter, amend or delete any of the grounds prayed at the time of hearing.” :-4-: ITA. Nos: 1069, 1070 & 1071/Chny/2022, 39, 40, 159 & 315/Chny/2023

DCIT , CORPORATE CIRCLE - 1 (1), CHENNAI vs. M/S ASPIRE SYSTEMS INDIA PRIVATE LIMITED , CHENNAI

In the result, appeals filed by the revenue for assessment

Bench: Shri Mahavir Singh, Hon’Ble & Shri Manjunatha. G, Hon’Bleआयकर अपील सं./Ita Nos.: 1069, 1070 & 1071/Chny/2022, 159 & 315/Chny/2023 िनधा"रण वष" / Assessment Years: 2010-11, 2017-18, 2016-17, 2012-13 & 2013-14 Dcit/Jcit(Osd), M/S. Aspire Systems India Corporate Circle -1(1), V. Private Limited, Chennai – 600 034. Old No. 4, New No. 7, Ii Trust Link Road, Raja Annamalaipuram, Chennai – 600 028. [Pan: Aacca-4543-M] (अपीलाथ"/Appellant) (""यथ"/Respondent) आयकर अपील सं./Ita Nos.: 39 & 40/Chny/2023 िनधा"रण वष" / Assessment Years: 2012-13 & 2013-14

928 towards provision made for expenses on accrual basis for professional charges under section 37 without considering the fact that the appellant is following mercantile system of accounting. The appellant seeks your leave to add, alter, amend or delete any of the grounds prayed at the time of hearing.” :-4-: ITA. Nos: 1069, 1070 & 1071/Chny/2022, 39, 40, 159 & 315/Chny/2023

DCIT , CORPORATE CIRCLE - 1 (1), CHENNAI vs. M/S ASPIRE SYSTEMS INDIA PRIVATE LIMITED , CHENNAI

In the result, appeals filed by the revenue for assessment

Bench: Shri Mahavir Singh, Hon’Ble & Shri Manjunatha. G, Hon’Bleआयकर अपील सं./Ita Nos.: 1069, 1070 & 1071/Chny/2022, 159 & 315/Chny/2023 िनधा"रण वष" / Assessment Years: 2010-11, 2017-18, 2016-17, 2012-13 & 2013-14 Dcit/Jcit(Osd), M/S. Aspire Systems India Corporate Circle -1(1), V. Private Limited, Chennai – 600 034. Old No. 4, New No. 7, Ii Trust Link Road, Raja Annamalaipuram, Chennai – 600 028. [Pan: Aacca-4543-M] (अपीलाथ"/Appellant) (""यथ"/Respondent) आयकर अपील सं./Ita Nos.: 39 & 40/Chny/2023 िनधा"रण वष" / Assessment Years: 2012-13 & 2013-14

928 towards provision made for expenses on accrual basis for professional charges under section 37 without considering the fact that the appellant is following mercantile system of accounting. The appellant seeks your leave to add, alter, amend or delete any of the grounds prayed at the time of hearing.” :-4-: ITA. Nos: 1069, 1070 & 1071/Chny/2022, 39, 40, 159 & 315/Chny/2023

LIFECELL INTERNATIONAL PVT LTD.,CHENNAI vs. ACIT, CHENNAI

In the result, appeal filed by the assessee is dismissed

Bench: Shri V. Durga Rao & Shri G. Manjunathaआयकर अपील सं./Ita No.: 3334/Chny/2019 िनधा"रण वष" / Assessment Year: 2016-17 M/S. Lifecell International Assistant Commissioner Of Private Ltd., V. Income Tax, No. 26, Vandalur Corporate Circle 4(1), Kelambakkam Main Road, Chennai. Keelakkottaiyur, Chennai. [Pan: Aaeca-7997-B] (अपीलाथ"/Appellant) (""यथ"/Respondent) अपीलाथ" क" ओर से/Appellant By : Shri. Ajith Kumar Choradia, Ca ""यथ" क" ओर से/Respondent By : Shri. S. Senthil Kumaran, Cit सुनवाई की तारीख/Date Of Hearing : 23.11.2022 घोषणा की तारीख/Date Of Pronouncement : 04.01.2023 आदेश /O R D E R

68,433 Processing fee - Baby Shield division 6,87,84,654 Collection Fee 17,15, 76,928 Less: Discounts 3,77,46,237 118,87,69,074 Total Revenue from services as per Note 21 of P/L Storage fees deferred Additions during the year to Advance Storage fees account(fresh 90,22,49,409 enrolment) Less: Revenue Recognized

SERVIONT GLOBAL SOLUTIONS LIMITED,CHENNAI vs. DCIT CORPORATE CIRCLE 6(1), CHENNAI

In the result, appeal of the assessee is allowed

Bench: Shri Mahavir Singh & Shri Girish Agrawalassessment Year: 2011-12 Servoint Global Solutions Deputy Commissioner Of Limited Income Tax, Central Circle- No. 4/600 & 4/197, 7Th 6(1), Chennai. Vs. Street, Dr. Vsi Estate, Phase-Ii, Thiruvanmiyur, Chennai-600 041. Pan: Aaaci0947 F (Appellant) (Respondent) Present For: Appellant By : Shri S. P. Chidambaram, Ca Respondent By : Shri Chinthapalli Mehar Chand, Jcit Date Of Hearing : 24.05.2022 Date Of Pronouncement : 19.08.2022 O R D E R Per Girish Agrawal: This Appeal By The Assessee Is Directed Against The Order Of Ld. Cit(A)-16, Chennai Vide Ita No. 257/Cit(A)-15/2014-15 Dated 01.01.2019 Against The Order Of Ld. Dcit, Corporate Circle-6(1), Chennai Passed U/S 143(3) R.W.S. 92Ca(3) Of The Income-Tax Act,1961 (Hereinafter Referred To As The Act), Dated 23.02.2015 For Ay 2011-12. 2. The First Issue Involved In The Present Appeal Before Us Relates To Disallowance Of Payments Made Towards Purchase Of Software By The Assessee U/S. 40(A)(I) Of The Act Amounting To Rs.2,61,69,512/- For Non-Deduction Of Tax At Source U/S.195 Of The Act.

928/- whereas the interest free loan advanced to Serviont Employees Shares Trust is only of Rs.4,68,06,683/- which evidently demonstrates that loans advanced to the Trust were out of the surplus fund available with the assessee. He further pointed out from the Annual Report of the year under consideration that the loan outstanding is remaining at an amount

MRS.JOTHI NARAYANAN ,CHENNAI vs. ACIT , CHENNAI

In the result, the appeals filed by the assessees in ITA

Bench: Shri Mahavir Singh & Shri Manjunatha.G

68,29,788/- u/s.56(2)(vii)(c) of the Act (Tax effect – Rs.43,01,56,277/-) 5.1 For that the Learned Commissioner of Income Tax (Appeals) ought to have accepted the contention of the appellant that provision of section 56(2)(vii) are applicable to tax those receipts which are received without consideration / for inadequate consideration whereas the present

MR. THANUSHKODI NARAYANAN,CHENNAI vs. ADDL. CIT CENTRAL CIRCLE 3(2), CHENNAI

In the result, the appeals filed by the assessees in ITA

Bench: Shri Mahavir Singh & Shri Manjunatha.G

68,29,788/- u/s.56(2)(vii)(c) of the Act (Tax effect – Rs.43,01,56,277/-) 5.1 For that the Learned Commissioner of Income Tax (Appeals) ought to have accepted the contention of the appellant that provision of section 56(2)(vii) are applicable to tax those receipts which are received without consideration / for inadequate consideration whereas the present

IP SOFTCOM (INDIA) P.LTD,CHENNAI vs. DCIT CORPORATE CIRCLE-2(2), CHENNAI

Bench: Shri N.R.S. Ganesan & Shri Ramit Kochar"नधा(रण वष( /Assessment Year: 2010-11 V. M/S.Ip Softcom (India) Pvt. Ltd., The Dy. Commissioner Of No.18 & 19, Mahalakshmi Nagar Income Tax, Extension, Numbal Village, Company Circle-Ii(3), Thiruverkadu Post, (Presently Corporate Circle- Chennai-600 077. 2(2)), Chennai. [Pan: Aabci5003K ] (अपीलाथ+/Appellant) (,-यथ+/Respondent) : Mr.K.Ravi, Adv. अपीलाथ+ क. ओर से/ Appellant By : Mr. A.Sundararajan, Addl.Cit ,-यथ+ क. ओर से /Respondent By : 09.12.2019 सुनवाई क. तार"ख/Date Of Hearing : 09.12.2019 घोषणा क. तार"ख /Date Of Pronouncement आदेश / O R D E R Per Ramit Kochar:

68,159 1,36,30,990 16,35,719 1,52,66,709 64,01,450 Infosystems Limited 2 Sonata 12,56,45,854 8,87,13,327 1,06,45,599 9,93,58,926 2,62,86,928 Information Technology Limited Total 3,26,88,378 The AO brought to tax aforesaid income in the hands