आयकर अपीलीय अधिकरण, ‘ए’ न्यायपीठ, चेन्नई IN THE INCOME TAX APPELLATE TRIBUNAL ‘A’ BENCH, CHENNAI श्री एस एस विश्वनेत्र रवि, न्याविक सदस्य एवं श्री एस. आर. रघुनाथा, लेखा सदस्य के समक्ष BEFORE SHRI S.S. VISWANETHRA RAVI, JUDICIAL MEMBER AND SHRI S.R. RAGHUNATHA, ACCOUNTANT MEMBER आयकर अपील सं./ITA Nos.: 1478 & 1479/Chny/2025 धनिाारण वर्ा / Assessment Year: 2020-21 and 2021-22 M/s. City Union Bank, PCIT No. 148-149, T.S.R Big Street, vs. Madurai – 1.

Kumbakonam – 621 001.

Tamil Nadu.

[PAN: AAACC-1287-E]

(अपीलाथी/Appellant) (प्रत्यथी/Respondent)

अपीलाथी की ओर से/Appellant by : Mr. S. Ananthan, CA and Ms. R. Lalitha, CA प्रत्यथी की ओर से/Respondent by : Ms. E. Pavuna Sundari, CIT.

सुनवाई की तारीख/Date of Hearing : 28.08.2025 घोर्णा की तारीख/Date of Pronouncement : 09.09.2025 आदेश /O R D E R PER S.R.RAGHUNATHA, AM :

The captioned appeals are filed by the assessee against the order of the learned Principal Commissioner of Income Tax, Madurai – 1, [In short “the Ld.PCIT”] for the A.Ys. 2020-21 & 2021-22 respectively. Since the issues involved in both the appeals are identical, they are disposed of by a common order.

2. The grounds raised by the assessee for A.Y. 2020-21 are as follows:

1. The order