SCHAEFFLER INDIA LIMITED,VADODARA GUJARAT vs. ASSISTANT DIRECTOR OF INCOME TAX,(CPC) BANGALORE (JAO DDCIT CIRCLE 1(1)(1) VADODARA, VADODARA GUJARAT

In the result, the appeal of the assesse is allowed

Bench: Dr. Brr Kumar & Shri Siddhartha Nautiyal

115B AA of the Act. 13. The learned CIT(A) erred in fact and in law in confirming the action of the learned AO in not granting TDS credit of Rs 60,772. 14. The learned CIT(A) erred in fact and in law in confirming the action of the learned AO in not granting TCS credit

THE DCIT, CIRCLE-1(3),, AHMEDABAD vs. M/S. SHAH INVESTORS HOME LTD.,, AHMEDABAD

In the result, the appeal of the revenue is dismissed and cross

TDS was required to be made on such payment u/s. 194J of the act. He was of the view that the entire trading in securities was managed by the stock exchange through screen based system provided by the stock exchange therefore stock exchange provides managerial services in the nature of technical services. Therefore, he held that the assessee was required