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2017 (2) TMI 1119 - AT - Income TaxAddition u/s 40(a)(ia) - non deduction of tds on payments of machinery hiring charges - Held that:- CIT(A) has directed the Assessing Officer to allow deduction of ₹ 80,14,600/- under the head “machinery hiring charges” paid to 8 parties after verifying whether said 8 parties to whom the payments have been made by the assessee has shown the amount receipt in the return of income and paid due tax thereon by following the decision of Hon’ble Supreme Court in the case of Hindustan Coca Cola Beverages Ltd (2007 (8) TMI 12 - SUPREME COURT OF INDIA ) and the CBDT Circular No.275/201/95- IT(B) dated 29.1.1997. We find no good reason to interfere with the order of the CIT(A), which is hereby confirmed and grounds of the revenue are dismissed.
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