M/S. P.S. Govindaswamy Naidu And v. The Income Tax Officer

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 15.09.2025 CORAM :

THE HONOURABLE MR. MANINDRA MOHAN SHRIVASTAVA, CHIEF JUSTICE AND THE HONOURABLE MR.JUSTICE G.ARUL MURUGAN P.S.Govindaswamy Naidu & Son's Charities, Avinash Road, Peelamedu Coimbatore.

Appellant Vs The Income Tax Officer, Company Ward-1, 1st Floor, 63, Race Course Road, Coimbatore-641 018.

Respondent PRAYER : Appeal filed under Section 260A of the Income-tax Act, 1961 against the order of the Income Tax Appellate Tribunal, Madras "D" Bench, dated 12.06.2015 in ITA No.2538/Mds/2014.

For Appellant:

Mr.R.Venkatanarayanan for M/s.Subbaraya Aiyar Padmanabhan Ramamani For Respondent:

Mr.J.Narayanasamy Sr. Standing Counsel

JUDGMENT

(Delivered by the Hon'ble Chief Justice) Heard.

2. Learned counsel for the parties submit that the issue raised in the appeal is squarely covered by a decision of the Hon'ble Supreme Court in Commissioner of Income Tax-III, Pune v. Rajasthan & Gujarati Charitable Foundation Poona1.

3. In view of the above, the substantial questions of law are answered in favour of the Assessee and against the Revenue. [2018] 89 taxmann.com 127 (SC)

4. Appeal is, accordingly, allowed. There shall be no order as to costs.

(MANINDRA MOHAN SHRIVASTAVA, CJ) (G.ARUL MURUGAN,J) 15.09.2025 Index :

Yes/No :

Yes/No bbr To:

1. The Assistant Registrar Income Tax Appellate Tribunal Chennai Benches, Chennai.

2. The Commissioner of Income Tax (Appeals)-I, Coimbatore.

3. The Income Tax Officer Company Ward-I, Coimbatore.

THE HON'BLE CHIEF JUSTICE AND G.ARUL MURUGAN,J.

bbr 15.09.2025