RE: [aurangabad_ca] Section 40(a)(ia) - Disallowance due to non compliance of TDS provisions [1 Attachment]

Monday, March 8, 2010 5:51 AM By Livemail

 

[Attachment(s) from Chandrashekhar V. Chitale included below]

ENCLOSED

Chandrashekhar V. Chitale

 

From: aurangabad_ca@yahoogroups.com [mailto:aurangabad_ca@yahoogroups.com] On Behalf Of govind parik
Sent: Monday, March 08, 2010 3:53 PM
To: aurangabad_ca@yahoogroups.com
Subject: RE: [aurangabad_ca] Section 40(a)(ia) - Disallowance due to non compliance of TDS provisions

 

 

Kindly send the Judgement



--- On Mon, 8/3/10, Chandrashekhar V. Chitale <shekhar@mpchitale.com> wrote:


From: Chandrashekhar V. Chitale <shekhar@mpchitale.com>
Subject: RE: [aurangabad_ca] Section 40(a)(ia) - Disallowance due to non compliance of TDS provisions
To: aurangabad_ca@yahoogroups.com
Date: Monday, 8 March, 2010, 2:27 PM

 

Also refer :

Jaipur Vidyut Vitran Nigam Ltd. Vs. Deputy Commissioner of Income Tax 26 DTR 79(JP)

 

From: aurangabad_ca@ yahoogroups. com [mailto:aurangabad_ ca@yahoogroups. com] On Behalf Of santosh gogave
Sent: Monday, March 08, 2010 1:12 PM
To: aurangabad_ca@ yahoogroups. com
Subject: Re: [aurangabad_ ca] Section 40(a)(ia) - Disallowance due to non compliance of TDS provisions

 

 

This is very usefull decision.. please could you send us the entire judgement.

On Sun, Mar 7, 2010 at 8:42 PM, Kirit Dedhia <kiritca@yahoo. com> wrote:

 

 

 

ASSISTANT COMMISSIONER OF INCOME TAX vs. GRANDPRIX FAB. (P) LTD.

ITAT, DELHI

ITA No. 1208/2009

Asst. yr. 2005-06

Decided on 23rd October, 2009

Gist of decision :

Assessee was not obliged to deduct tax at source from the payments made by it to the clearing agent towards customs duty and other expenses paid by the latter while clearing the imported goods on behalf of the assessee as no element of income is embedded in reimbursement of expenses and therefore, impugned payments could not be disallowed under s. 40(a)(ia).

 

 

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Attachment(s) from Chandrashekhar V. Chitale

1 of 1 File(s)

JAIPUR VIDUYUT.xps
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