T.C.A.No.878 of 2016 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 T.C.A.No.878 of 2016 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. ______________ p. 2 T.C.A.No.878 of 2016 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. 1 [2018] 89 taxmann.com 127 (SC) ______________ p. 3 T.C.A.No.878 of 2016 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 Neutral Citation : 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. ______________ p. 4 T.C.A.No.878 of 2016 THE HON'BLE CHIEF JUSTICE AND G.ARUL MURUGAN,J. bbr T.C.A.No.878 of 2016 15.09.2025 ______________