2014 (6) TMI 41 - ITAT PUNE
ACIT Circle-1, Sangli Versus M/s. BG. Chitale
Inclusion of interest income in book profits Computation of salary of partners Allowability of deduction u/s 40(b) of the Act Interest income not within the ambit of section 28 of the Act Held that:- Following M/s. BG. Chitale Versus DCIT, Ci ......
2014 (5) TMI 814 - ITAT MUMBAI
DCIT 4(3), Mumbai Versus M/s. Kotak Investment Advisors Ltd.
Disallowance of VSAT charges Transaction charges paid to stock exchange u/s 40(a)(ia) of the Act Failure to deduct TDS on composite charges paid for professional and technical service - Held that:- Following CIT vs. Angel Capital & Debit Market L ......
2014 (5) TMI 810 - ITAT JODHPUR
The DCIT, (TDS) Jodhpur Versus Oil India Limited,
Cancellation of penalty u/s 271C of the Act Payment made for services rendered - Liability to deduct TDS u/s 194J of the Act on rent paid for hiring crane Held that:- Following M/s Oil India Limited Versus Dy. CIT. (TDS), Jodhpur [2013 (11) TMI 1 ......
2014 (5) TMI 780 - BOMBAY HIGH COURT
M/s. Asit C. Mehta Investment Intermediates Ltd. Versus The Deputy Commissioner of Income Tax And Others
Validity of notice u/s 148 of the Act Bar of limitation Mere change of opinion - TDS not deducted Wrong claim of deduction of STT Held that:- Neither the notice issued u/s 148 nor the reasons furnished contained any allegation that the escape ......
2014 (5) TMI 671 - ALLAHABAD HIGH COURT
Commissioner of Income Tax, Bareilly Versus Kisan Sahkari Chini Mill Ltd.
Disallowance u/s 40(a)(ia) of the Act Failure to deduct TDS - Interpretation of the term fee for professional and fee for technical services u/s 194J of the Act Held that:- Both the CIT(A) as well as the Tribunal have completely failed to even re ......
2014 (5) TMI 584 - BOMBAY HIGH COURT
The Income Tax Commissioner Mumbai City-4 Versus Angel Capital & Debit Market Ltd.
Allowability of deduction VSAT and Lease line charges paid to stock exchange Failure to deduct TDS Technical services u/s 194J r.w. Explanation 2 to 9(1)(vii) of the Act Held that:- Tribunal was of the view that VSAT and Lease Line charges pa ......
2014 (5) TMI 510 - ITAT MUMBAI
ITO. (TDS) -1(3), Mumbai Versus Bharat Sanchar Nigam Ltd.
TDS u/s 194C or 194J - comprehensive maintenance contracts for its various equipments, installations, viz. Air Conditioners, Lifts, Vehicles and Engine alternator services - Failure to deduct TDS Held that:- the work of a cobbler, a carpenter, bar ......
2014 (5) TMI 282 - BOMBAY HIGH COURT
Commissioner of Income Tax-4, Mumbai Versus M/s. Kisan Ratilal Choksey Share & Securities Pvt. Ltd.
Transaction charges paid to the stock exchanges - fees for technical services - TDS u/s 194J - Prior decision of Court not put into light Issues already rejected - Held that:- The decision in Kisan Ratilal Choksey Share & Securities Pvt. Ltd. [201 ......
2014 (5) TMI 192 - BOMBAY HIGH COURT
The Commissioner of Income Tax-4, Mumbai Versus M/s. Kisan Ratilal Chokesy Shares and Securities Pvt. Ltd.
Transaction charges paid to the stock exchanges - fees for technical services - TDS u/s 194J - Held that:- transaction charges paid by the assessee to the stock exchange constitute fees for technical services covered u/s 194J of the Act thus, the ......
2014 (4) TMI 775 - ITAT DELHI
ASSTT COMMISSIONER OF INCOME TAX Versus MOTOROLA INC USA
Contravention of section 201/201(1A) of the Act Short deduction of TDS u/s 194J of the act Payment of professional fees Held that:- FAA was of the view that the arrear has accrued since the assessee has inadvertently deducted and deposited the ......
2014 (4) TMI 305 - ITAT AHMEDABAD
DCIT, Circle-4, Ahmedabad Versus Ignite Mundra Pvt. Ltd. (Formerly Known as Canvas Communication P. Ltd.)
Deletion of disallowance u/s 40(a)(ia) - employees on deputation Amount paid as reimbursement of manpower costs and professional charges - Liability to deduct TDS Held that:- CIT(A) rightly held that the Mudra is not into the business of supply o ......
2014 (4) TMI 199 - ITAT MUMBAI
STCI Commodities Limited Versus ACIT
TDS u/s 194C - assessee is a wholly owned subsidiary - payment to holding company where holding company was to make available to the appellant staff, infrastructure, administrative support and support services. - Whether, conditions of MOU constitute ......
2014 (4) TMI 113 - ITAT MUMBAI
ASSTT COMMISSIONER OF INCOME TAX Versus M/s SAHARA ONE MEDIA AND ENTERTAINMENT LTD
Deduction of TDS u/s 194J or u/s 194C - Nature of agreement - AO was of the view that the "dubbing expenses/print processing fees" and "production expenses" were in the nature of fees for technical services and royalty respectively, and hence the ......
2014 (4) TMI 107 - ITAT MUMBAI
Asstt. Commissioner of Income Tax Versus M/s. Sanghvi Savla Stock Brokers Ltd.
TDS on V-ST charges Deletion of disallowance u/s 40(a)(ia) Held that:- payment of V-SAT charges covered by decision of Bombay High Court in CIT v/s Kotak Securities Ltd. [2011 (10) TMI 24 - Bombay High Court] - Therefore, there was no requirement ......
2014 (3) TMI 720 - ITAT HYDERABAD
M/s. Gemini Film Circuit, Hyderabad Versus Dy. Commissioner of Income tax
Disallowance u/s 40(a)(ia) of the Act Non-deduction of tax u/s 194J of the Act Whether the expenditure laid out or expended wholly or exclusively for purpose of business so as to allow the expenditure as a deduction - Held that:- The expenditure ......