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2013 (9) TMI 1045 - AT - Income TaxAdditions/dis-allowances for non deduction of TDS u/s. 194J - Held that:- The assessee was liable to deduct Tax at source u/s. 194J for the payments made for acquiring rights of the films - such payments fall within the definition of ‘royalty’ - In our considered opinion, the case of the assessee is squarely covered by the decision of the Tribunal in the case of M/s. Shri Balaji Communications [2013 (2) TMI 373 - ITAT CHENNAI] - Decided against the Assessee Credit of TDS - Held that:- the credit for tax deducted at source shall be given in the year in which the receipts against which the tax is deducted at source are assessed to tax - Thus assessee is entitled to claim credit of the TDS in the year in which the assessee accounts for the income - Decided against the Assessee
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