Tuesday, December 23, 2014

[aaykarbhavan] No s. 40(a)(ia) TDS disallowance for amounts already paid during the year: ITAT Mum



Dear Subscriber,

 

The following important judgement is available for download at itatonline.org.


Arcadia Share & Stock Brokers Pvt. Ltd vs. DCIT (ITAT Mumbai)

S. 40(a)(ia): Merilyn Shipping 146 TTJ 1 (Vizag) has binding effect in view of the SLP dismissal & the clarification in Janapriya Engineers (AP HC) and so amounts already paid during the year cannot be disallowed

The Tribunal had to consider whether in view of the Special Bench verdict in Merilyn Shipping & Transport 146 TTJ 1 (Vizag), a disallowance u/s 40(a)(ia) could be made in respect of the amounts that have already been paid during the year and are not "payable" as of 31st March. HELD by the Tribunal: In […]


Regards,

 

Editor,

 

itatonline.org

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Latest:

CIT vs. Janapriya Engineers Syndicate (Andhra Pradesh High Court)

S. 40(a)(ia): Despite stay by High Court, Special Bench verdict In Merilyn Shipping is binding on the ITAT due to judicial discipline



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Posted by: "editor@itatonline.org" <itatonline.org@gmail.com>


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