M/S PUNJAB INFRASTRUCTURE DEVELOPMENT BOARD,CHANDIGARH vs. ACIT (TDS), CHANDIGARH

Bench: Shri Sanjay Garg & Ms. Annapurna Gupta

68 & 64 of 2016 dated 20.12.2016 and separate orders dated 9.5.2017 in ITA Nos. 65, 69, 97 & 98 (O&M) of 2016 respectively to decide as to whether the assessee herein before us namely ‘Punjab Infrastructure Development Board’ (herein referred to as ‘ PIDB’) was required to collect tax at source (TCS) as per the provisions of section

PUNJAB INFRASTRUCTURE DEVELOPMENT BOARD,CHANDIGARH vs. JCIT (TDS), CHANDIGARH

Bench: Shri Sanjay Garg & Ms. Annapurna Gupta

68 & 64 of 2016 dated 20.12.2016 and separate orders dated 9.5.2017 in ITA Nos. 65, 69, 97 & 98 (O&M) of 2016 respectively to decide as to whether the assessee herein before us namely ‘Punjab Infrastructure Development Board’ (herein referred to as ‘ PIDB’) was required to collect tax at source (TCS) as per the provisions of section

M/S PUNJAB INFRASTRUCTURE DEVELOPMENT BOARD,CHANDIGARH vs. ACIT (TDS), CHANDIGARH

Bench: Shri Sanjay Garg & Ms. Annapurna Gupta

68 & 64 of 2016 dated 20.12.2016 and separate orders dated 9.5.2017 in ITA Nos. 65, 69, 97 & 98 (O&M) of 2016 respectively to decide as to whether the assessee herein before us namely ‘Punjab Infrastructure Development Board’ (herein referred to as ‘ PIDB’) was required to collect tax at source (TCS) as per the provisions of section

PUNJAB INFRASTRUCTURE DEVELOPMENT BOARD,CHANDIGARH vs. JCIT (TDS), CHANDIGARH

Bench: Shri Sanjay Garg & Ms. Annapurna Gupta

68 & 64 of 2016 dated 20.12.2016 and separate orders dated 9.5.2017 in ITA Nos. 65, 69, 97 & 98 (O&M) of 2016 respectively to decide as to whether the assessee herein before us namely ‘Punjab Infrastructure Development Board’ (herein referred to as ‘ PIDB’) was required to collect tax at source (TCS) as per the provisions of section

SH. SANDEEP KUMAR,LUDHIANA vs. ITO, WARD-4, KHANNA

In the result, the appeal of the assessee is allowed

Bench: SHRI. AAKASH DEEP JAIN (Vice President), SHRI. VIKRAM SINGH YADAV (Accountant Member)

206C, TCS has to be collected by the selling party at the time of debiting of the amount payable by the buyer to the account of the buyer or at the time of receipt of such amount from the said buyer in cash or by cheque or by any other mode, whichever is earlier