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2018 (6) TMI 752 - AT - Income TaxTDS u/s 194C - non deduction of tds on C&F transportation charges - addition u/s. 40(a)(ia) - Held that:- the amount in question is a reimbursement on principal to principal basis as per assessee’s profit and loss account - the same has also gone unrebutted from Revenue’s side during the course of hearing wherein it has failed to dispute that assessee had first paid the dealers concerned followed by its reimbursement from the concerned principal - thus revenue's ground is declined - Decided in favor of assessee. Section 40(a)(ia) disallowance pertaining to secondary freight charges - Held that:- Both learned representatives are very fair in informing us the issue is covered by our discussion in preceding assessment year upholding the CIT(A) similar findings. We thus reject Revenue’s instant latter appeal as well.
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