There is a change in the address and location of Debts Recovery Appellate Tribunal (DRAT) Chennai with effect from 09.07.2021.
The Recovery of Debts Due to Banks and Financial Institutions Act, 1993 (RDDBFI Act) provides speedy redressal to lenders and borrowers through filing of Original Applications (OAs) in Debts Recovery Tribunals (DRTs) and appeals in Debts Recovery Appellate Tribunals (DRATs).
The DRAT Chennai has jurisdiction over 9 DRTs i.e. at Chennai (1, 2, 3), DRTs at Bengaluru (1, 2), DRT Coimbatore, DRTs at Ernakulam (1, 2), and DRT Madurai.
Change in address / location of DRAT ChennaiÂ
The old and the new address/location of the Debts Recovery Appellate Tribunal Chennai is as under:
Old location:
4th Floor, Indian Bank Zonal Office, 55 Ethiraj Salai, Chennai-600 008
New location:
7th Floor, Additional Office Building, Shastri Bhawan, Haddows Road, Nungambakkam, Chennai-600 006
- Assessee not obliged to demonstrate actual utilization of donation u/s 35(1)(ii)
- For Registration u/s 12AB, phrase “genuineness of activities” is interpreted liberally
- If AO rejects a reply, he has to offer opportunity of personal hearing to assessee
- Decisions of withdrawal & redeposit of cash fall within domain of commercial expediency
- HC awarded interest @ 12% p.a. on excess excise duty refunded after twelve years
