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2011 (3) TMI 1354 - AT - Income TaxTDS provisions - assessee in default - Insurance premium and guarantee charges - The Learned AR for the assessee at the very outset pointed out that the same issue had arisen earlier in relation to similar other payments in respect of which also the assessee had been treated as assessee in default - In these cases also similar arguments had been advanced and CIT(A) had held that payments towards insurance premium and guarantee charges were reimbursement of cost and no tax was required to be deducted -Both the parties agreed that the facts in the present appeals were identical and therefore there was no objection to the matter being restored to the file of CIT(A) following the earlier decision of the tribunal - herefore set aside the orders of CIT(A) and restore the issue to the file of CIT(A) for passing fresh orders - Thus, the appeals of the revenue are allowed for statistical purposes.
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