DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-1(1), HUBBALLI vs. M/S. KARNATAKA VIKAS GRAMEEN BANK LIMITED, DHARWAD

In the result, the appeal of assessee is partly allowed and the appeal of the revenue is dismissed

Bench: Shri George George K. & Shri Laxmi Prasad Sahuassessment Year : 2016-17

TDS which has been reproduced in the assessment order. It was observed that it warrants disallowance u/s 40(a)(ia) of the Income-tax Act. In response to the notice, the assessee filed a letter stating that the original return filed on 29/09/2016 may be treated as return filed in response to notice