, , IN THE INCOME TAX APPELLATE TRIBUNAL B BENCH : CHENNAI . . . , ! ' , # $% & [ BEFORE SHRI N.R.S. GANESAN, JUDICIAL MEMBER AND SHRI CHANDRA POOJARI, ACCOUNTANT MEMBER ] ./ I.T.A.NO.1605/MDS/2015 / ASSESSMENT YEAR : 2011-12 THE DY. COMMISSIONER OF INCOME-TAX CIRCLE 2 TIRUPUR VS. M/S PRABHU SPINNING MILLS PVT. LTD NO.207/86, MANGALAM ROAD TIRUPUR 641 604 [PAN AABCP 0750 E ] ( '( / APPELLANT) ( )*'( /RESPONDENT) ./ I.T.A.NO.1606/MDS/2015 / ASSESSMENT YEAR : 2011-12 THE DY. COMMISSIONER OF INCOME-TAX CIRCLE 2 TIRUPUR VS. M/S SUDHAN SPINNING MILLS PVT. LTD NO.207/86 MANGALAM ROAD TIRUPUR 641 604 [PAN AADCS 0670 E ] ( '( / APPELLANT) ( )*'( /RESPONDENT) ./ I.T.A.NO.1607/MDS/2015 / ASSESSMENT YEAR : 2011-12 THE DY. COMMISSIONER OF INCOME-TAX CIRCLE 2 TIRUPUR VS. M/S SRI MATHA SPINNING MILLS PVT. LTD NO.207/86, MANGALAM ROAD TIRUPUR 641 604 [PAN AAECS 1881 Q ] ( '( / APPELLANT) ( )*'( /RESPONDENT) ITA NOS.1605/15 ETC. :- 2 -: ./ I.T.A.NO.1608/MDS/2015 / ASSESSMENT YEAR : 2011-12 THE DY. COMMISSIONER OF INCOME-TAX CIRCLE 2 TIRUPUR VS. M/S SRI VELAYUDHASWAMY SPINNING MILLS PVT. LTD NO.207/86, MANGALAM ROAD TIRUPUR 641 604 [PAN ABLPV 6651 Q ] ( '( / APPELLANT) ( )*'( /RESPONDENT) ./ I.T.A.NO.1609/MDS/2015 / ASSESSMENT YEAR : 2011-12 THE DY. COMMISSIONER OF INCOME-TAX CIRCLE 2 TIRUPUR VS. M/S CHOLA TEXTILES PVT. LTD NO.20, THILLAI NAGAR DHARAPURAM ROAD TIRUPUR 641 608 [PAN AAACC 8791 P ] ( '( / APPELLANT) ( )*'( /RESPONDENT) ./ I.T.A.NO.1610/MDS/2015 / ASSESSMENT YEAR : 2011-12 THE DY. COMMISSIONER OF INCOME-TAX CIRCLE 2 TIRUPUR VS. M/S CHERAN SPINNING MILLS PVT. LTD NO.20, THILLAI NAGAR DHARAPURAM ROAD TIRUPUR 641 608 [PAN AAACC 8788 L ] ( '( / APPELLANT) ( )*'( /RESPONDENT) ./ I.T.A.NO.1611/MDS/2015 / ASSESSMENT YEAR : 2011-12 THE DY. COMMISSIONER OF INCOME-TAX CIRCLE 2 TIRUPUR VS. M/S EXCEL COTSPIN INDIA PVT. LTD NO.21, THILLAI NAGAR DHARAPURAM ROAD TIRUPUR 641 608 [PAN AAACE 9365 K] ( '( / APPELLANT) ( )*'( /RESPONDENT) ITA NOS.1605/15 ETC. :- 3 -: ./ I.T.A.NO.1612/MDS/2015 / ASSESSMENT YEAR : 2011-12 THE DY. COMMISSIONER OF INCOME-TAX CIRCLE 2 TIRUPUR VS. SMT. V. DHANALAKSHMI NO.207/86, MANGALAM ROAD TIRUPUR 641 604 [PAN AANPV 5412 C ] ( '( / APPELLANT) ( )*'( /RESPONDENT) ./ I.T.A.NO.1613/MDS/2015 / ASSESSMENT YEAR : 2011-12 THE DY. COMMISSIONER OF INCOME-TAX CIRCLE 2 TIRUPUR VS. M/S MEERA TEXTILES PVT. LTD NO.207/86, MANGALAM ROAD TIRUPUR 641 604 [PAN AABCM 9581 E ] ( '( / APPELLANT) ( )*'( /RESPONDENT) ./ I.T.A.NO.1614/MDS/2015 / ASSESSMENT YEAR : 2011-12 THE DY. COMMISSIONER OF INCOME-TAX CIRCLE 2 TIRUPUR VS. SHRI P.S. VELUSAMY NO.207/86, MANGALAM ROAD TIRUPUR 641 604 [PAN ABLPV 6651 Q ] ( '( / APPELLANT) ( )*'( /RESPONDENT) ./ I.T.A.NO.1615/MDS/2015 / ASSESSMENT YEAR : 2011-12 THE DY. COMMISSIONER OF INCOME-TAX CIRCLE 2 TIRUPUR VS. M/S GOMUKI SPINNING MILLS PVT. LTD NO.283, MANGALAM ROAD TIRUPUR 641 604 [PAN AAACG 8020 F] ( '( / APPELLANT) ( )*'( /RESPONDENT) ITA NOS.1605/15 ETC. :- 4 -: ./ I.T.A.NO.1616/MDS/2015 / ASSESSMENT YEAR : 2011-12 THE DY. COMMISSIONER OF INCOME-TAX CIRCLE 2 TIRUPUR VS. M/S SRI SHANMUGAVEL MILLS PVT. LTD NO.207/86, MANGALAM ROAD TIRUPUR 641 604 [PAN AADCS 8200 N ] ( '( / APPELLANT) ( )*'( /RESPONDENT) ./ I.T.A.NO.1617/MDS/2015 / ASSESSMENT YEAR : 2011-12 THE DY. COMMISSIONER OF INCOME-TAX CIRCLE 2 TIRUPUR VS. M/S PANDIAN TEXTILE MILLS PVT. LTD NO.20, THILLAI NAGAR DHARAPURAM ROAD TIRUPUR 641 608 [PAN AABCP 5926 A ] ( '( / APPELLANT) ( )*'( /RESPONDENT) ./ I.T.A.NO.1621/MDS/2015 / ASSESSMENT YEAR : 2011-12 THE DY. COMMISSIONER OF INCOME-TAX CIRCLE 2 TIRUPUR VS. SMT. K. INDIRA NO.207/86, MANGALAM ROAD TIRUPUR 641 604 [PAN AAEPI 7557 A ] ( '( / APPELLANT) ( )*'( /RESPONDENT) / APPELLANT BY : SHRI PATHLAVATH PEERYA, CIT & SHRI P. RADHAKRISHNAN, JCIT /RESPONDENT BY : SHRI N. VIJAY KUMAR, CA / DATE OF HEARING : 30 - 09 - 2015 ! / DATE OF PRONOUNCEMENT : 09 - 10 - 2015 / O R D E R PER N.R.S.GANESAN, JUDICIAL MEMBER ALL THE APPEALS OF THE REVENUE IN THE CASE OF DI FFERENT ASSESSEES ARE DIRECTED AGAINST THE RESPECTIVE ORDER S OF THE ITA NOS.1605/15 ETC. :- 5 -: COMMISSIONER OF INCOME-TAX(APPEALS)-3, COIMBATORE, FOR ASSESSMENT YEAR 2011-12. SINCE COMMON ISSUE ARISES FOR CONSID ERATION IN ALL THE APPEALS, WE HEARD THEM TOGETHER AND DISPOSING OF TH E SAME BY THIS COMMON ORDER. 2. SHRI P. RADHAKRISHNAN, LD. DEPARTMENTAL REPRESENTA TIVE SUBMITTED THAT THE ONLY ISSUE ARISES FOR CONSIDERAT ION IS DEDUCTION CLAIMED BY THE ASSESSEES U/S 80IA OF THE ACT. TH E ASSESSING OFFICER DISALLOWED THE CLAIM OF THE ASSESSEES ONLY ON THE G ROUND THAT THE SPECIAL LEAVE PETITION FILED BY THE REVENUE IS PEND ING BEFORE THE APEX COURT AGAINST THE JUDGMENT OF THE MADRAS HIGH COURT IN VELAYUDHASWAMY SPINNING MILLS P. LTD VS ACIT, 231 C TR 368. HOWEVER, THE CIT(A) ALLOWED THE CLAIM OF THE ASSES SEES BY FOLLOWING THE JUDGMENT OF THE MADRAS HIGH COURT IN VELAYUDHAS WAMY SPINNING MILLS P. LTD (SUPRA). THE LD. DR VERY FAIRLY SUBMI TTED THAT THE REVENUE FILED THE APPEALS BEFORE THIS TRIBUNAL TO KEEP THE ISSUE ALIVE SINCE THE SLP IS PENDING BEFORE THE APEX COURT AGAINST THE JU DGMENT OF THE MADRAS HIGH COURT IN VELAYUDHASWAMY SPINNING MILLS P. LTD(SUPRA). 3. WE HEARD SHRI N. VIJAY KUMAR, LD. REPRESENTATIVE FO R THE ASSESSEES ALSO. 4. ADMITTEDLY, THE ASSESSING OFFICER DISALLOWED THE CL AIM OF THE ASSESSEES U/S 80IA ONLY ON THE GROUND THAT THE SLP IS PENDING BEFORE THE APEX COURT AGAINST THE JUDGMENT OF THE MADRAS H IGH COURT IN ITA NOS.1605/15 ETC. :- 6 -: VELAYUDHASWAMY SPINNING MILLS P. LTD(SUPRA). IT IS NOT THE CASE OF THE REVENUE THAT THE JUDGMENT OF THE MADRAS HIGH COURT IN VELAYUDHASWAMY SPINNING MILLS P. LTD(SUPRA) IS STAY ED BY THE APEX COURT. THIS TRIBUNAL IS OF THE CONSIDERED OPINION THAT MERE PENDENCY OF SLP BEFORE THE APEX COURT CANNOT BE A REASON FOR NOT FOLLOWING THE JUDGMENT OF THE JURISDICTIONAL HIGH COURT. IN OTHE R WORDS, THE JUDGMENT OF THE JURISDICTIONAL HIGH COURT IS BINDIN G ON ALL AUTHORITIES IN THE STATES OF TAMILNADU AND PONDICHERRY. THE CIT(A ) HAS RIGHTLY ALLOWED THE CLAIM OF THE ASSESSEES BY FOLLOWING TH E JUDGMENT OF THE MADRAS HIGH COURT IN VELAYUDHASWAMY SPINNING MILLS P. LTD. (SUPRA). THEREFORE, THIS TRIBUNAL DO NOT FIND ANY INFIRMITY IN THE ORDERS OF THE CIT(A) AND ACCORDING THE SAME ARE CONFIRMED. 5. IN THE RESULT, ALL THE APPEALS OF THE REVENUE STAND DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 9 TH OCTOBER, 2015, AT CHENNAI. SD/- SD/- ( ! ' ) (CHANDRA POOJARI) # / ACCOUNTANT MEMBER ( . . . ' ) (N.R.S. GANESAN) / JUDICIAL MEMBER #$ / CHENNAI %& / DATED: 9 TH OCTOBER, 2015 RD &' ()*) / COPY TO: 1 . / APPELLANT 3. +,' / CIT(A) 5. )-. / / DR 2. / RESPONDENT 4. + / CIT 6. .01 / GF