Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2013 (10) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2013 (10) TMI 104 - HC - Income TaxShortfall to deduct tax at the time of making payment under Section 192 – Held that:- Reliance has been placed upon the Uttarakhand High Court in the case of C.I.T. vs. Enron Expat Services Inc., reported in [2010 (8) TMI 201 - UTTARAKHAND HIGH COURT] - The provisions of Sub-section (1) and Sub-Section (3) of Section 192 have to be read together and if the same are read carefully, then it would appear that the payment of deducted tax shall be extended upto the end of the relevant financial year irrespective of the fact whether the deduction has been made at the time of payment or not – In the present case, shortfall of TDS was adjusted and made good and followed up in the relevant financial year – Decided against the Revenue.
|