Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2014 (7) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2014 (7) TMI 1053 - AT - Income TaxPayment on administrative charges – Non-deduction of TDS u/s 194C – Held that:- Assessee contended that a similar issue came up for consideration before the High Court wherein the Court remitted the issue back to the file of the AO - the exercise he has to do is to take into consideration the provisions under Income Tax Act pertaining to the tax deduction at source whether it is with reference to Section 40(a)(ia) or other provisions – thus, the matter is remitted back – Decided in favour of Assessee. Interest paid/payable on debentures – TDS not deducted – Held that:- The matter is remitted back to AO and directed to call for the assessee to produce copy of Form 15G/H before him - Relating to computation of surcharge and educational cess before giving credit to the tax paid u/s. 115JAA, this issue is also remitted back to the AO as the main issue has gone back to the Assessing officer for fresh examination – Decided in favour of Assessee.
|