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2015 (8) TMI 409 - ITAT DELHIDisallowance on account of interest u/s 40(a)(ia) - non-deduction/late deposit of TDS - Held that:- We have considered the submissions of both the parties and carefully gone through the material available on the record. In the present case it is noticed that the assessee deposited the TDS on the remittance of ₹ 8,60,713/- on 29.04.2004 in the next Financial Year but before filing the return of income u/s 139(1) of the Act. Since the assessee has deposited the TDS on 29.04.2004 before filing the return of income u/s 139(1) of the Act, therefore, by keeping in view the ratio laid down in the case of CIT Vs Rajinder Kumar [2013 (7) TMI 454 - DELHI HIGH COURT] we delete the addition sustained by the ld. CIT(A). Decided in favour of assessee.
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