2014 (2) TMI 1122 - BOMBAY HIGH COURT
SHCIL Services Limited Versus Assistant Commissioner of Income Tax And Another
Waiver of pre-deposit - stay - Partial hearing of appeal before CIT(A) – Application for unconditional stay of balance demand of tax rejected – Held that:- There was considerable substance in the submissions made by the Petitioner that both the Assis ......
2014 (2) TMI 786 - ITAT AHMEDABAD
M/s. Ace Tours & Information Centre Versus Asstt. Commissioner of Income Tax
Rejection of book result as per section 145(3) of the Act – Survey u/s 133A of the Act – Held that:- The books of account maintained without proper supporting evidence - Assessee contended that no specific defect has been pointed out by the AO before ......
2014 (2) TMI 686 - ITAT MUMBAI
M/s. Parag Parikh Financial Advisory Services Ltd. Versus ITO -4(2) (1), Mumbai
Disallowance of transaction charges u/s 40(a)(ia) of the Act – Held that:- The decision in Techno Shares & Stocks Ltd. v. CIT [2010 (9) TMI 6 - SUPREME COURT OF INDIA] and T.R.F. Ltd. v. CIT [2010 (2) TMI 211 - SUPREME COURT] followed – the transacti ......
2014 (2) TMI 312 - ITAT HYDERABAD
M/s. Market Tools Research Pvt. Ltd. Versus Dy. Commissioner of Income-tax
Communication and circuit charges - TDS u/s 194J - Held that:- Relying upon the decision in ASSTT COMMISSIONER OF INCOME TAX Versus HUGHES SOFTWARE SYSTEMS LTD [2013 (5) TMI 557 - ITAT DELHI] - Where payments are made to the service provider for prov ......
2014 (2) TMI 254 - ITAT MUMBAI
IL & FS Investsmart Ltd. Versus Addl. CIT & DCIT
Disallowance of leaseline charges – Disallowance for non-deduction of TDS – Held that:- The decision in Angel Capital And Debt Market Limited. Versus Assistant Commissioner Of Income-Tax [2008 (5) TMI 294 - ITAT BOMBAY-I] followed – Held that:- The f ......
2014 (2) TMI 223 - ITAT JODHPUR
The ACIT. Versus M/s Krishi Upaj Mandi Samiti [Grain]
Violation of provision u/s 194J of the Act – Professional fees paid – Applicability of Section 194C for payment made to Rajasthan State Agriculture Marketing Board for construction/ repairs/ maintenance of the market yards and missing link roads – Le ......
2014 (1) TMI 1485 - ITAT KOLKATA
Assistant Commissioner of Income-tax Versus Ratan Lal Gaggar
Depreciation on books and periodicals - Held that:- The computation of depreciation on books and publications has to be made in accordance with the provisions of the Act using the correct WDV - As the assessee has produced complete and correct WDV, t ......
2014 (1) TMI 1446 - ITAT JODHPUR
The ACIT, Sriganganagar Versus M/s Krishi Upaj Mandi Samiti [Grain]
Applicability of Section 194C of the Act - Violation of provisions of section 194J of the Act – Requirement of TDS – Payment made for professional services – Held that:- The CIT(A) deleted the addition made by the A.O. and held that there was no requ ......
2014 (1) TMI 1287 - ITAT MUMBAI
ACIT Versus Credit Suisse Securities India (P) Ltd.
Disallowance made u/s 40(a)(ia) of the Act – TDS not deducted - Lease line, VSAT and transaction charges paid to NSE and BSE – Held that:- The decision in Commissioner of Income-tax - 4(3) Versus Kotak Securities Ltd. [2011 (10) TMI 24 - Bombay High ......
2014 (1) TMI 1241 - ITAT DELHI
ASSTT COMMISSIONER OF INCOME TAX Versus M/s DELHI APARTMENTS PVT LTD
Income from sale of land - Income from business or capital gains - Held that:- The sum was received by the assessee on account of sale of small portion of 0.18 Bigas of land, which was earlier sold in the financial year 2000-01 - The entire land was ......
2014 (1) TMI 895 - ITAT MUMBAI
Iron Mountain India Pvt. Ltd. Versus DCIT 1(2), Mumbai
Disallowance on outsourcing expenses u/s 40(a)(ia) of the Act – Held that:- From the agreement it is clear that DEOs and the Cos had to perform particular functions as per the requirements of the asssessee -They had to scan the documents besides carr ......
2014 (1) TMI 865 - ITAT BANGALORE
WIFI NETWORKS PVT LTD Versus DEPUTY COMMISSIONER OF INCOME TAX
Liability to deduct TDS u/s 194J of the Act – Payment made to Managing Director of the Company – Held that:- There was an oral agreement as on 01.02.2006 whereby the assessee agreed to pay Rs.5 crores to Shri G.N. Mohan Raju, for Shri G.N. Mohan Raju ......
2014 (1) TMI 850 - ITAT DELHI
DELHI RACE CLUB (1940) LTD Versus ACIT CIRCLE-10 (1), NEW DELHI
Disallowance of deduction u/s 40a(ia) of the Act – TDS on Live telecast Royalty u/s 194J - Held that:- The decision in DIT v. Neo Sports Broadcast (P) Ltd. [2011 (11) TMI 23 - ITAT MUMBAI] Followed - The question of granting exclusive right to do an ......
2014 (1) TMI 391 - ITAT MUMBAI
Sonata Information Technology Ltd. Versus DCIT, LTU Mumbai
TDS u/s 194J - Whether payments made for computer software be considered as royalty or not – Held that:- There is no requirement to give specific direction on the applicability of the jurisdictional High Court judgment as it is binding on AO to follo ......
2014 (1) TMI 283 - ITAT MUMBAI
Income Tax Officer, Mumbai Versus Klassic Studio & Films Pvt. Ltd.
Deletion of disallowance u/s 40(a)(ia) of the Act - Applicability of section 194J of the Act - Held that:- The assessees contention, even as observed by the Bench during hearing, that no tax could possibly be deducted at source by it as the paymen ......