GREENSTAR FERTILIZERS LIMITED,CHENNAI vs. ACIT TDS CIRCLE, MADURAI
The appeals stand allowed in terms of our above order
ITA 274/CHNY/2023[2018-19]Status: DisposedITAT Chennai27 Jun 2023AY 2018-19
Bench: Hon’Ble Shri Mahavir Singh & Hon’Ble Shri Manoj Kumar Aggarwal, Am आयकर अपील सं./ Ita No.274/Chny/2023 (िनधाCरण वषC / Assessment Year: 2018-19) & आयकर अपील सं./ Ita No.275/Chny/2023 (िनधाCरण वषC / Assessment Year: 2019-20) M/S. Greenstar Fertilizers Limited, Acit बनाम Spic House, 7Th Floor, 88,Mount Road Tds Circle, / Vs. Guindy, Chennai-600 032. Madurai "थायी लेखा सं./जीआइ आर सं./Pan/Gir No. Aadcg-9451-D (अपीलाथ&/Appellant) : ('(थ& / Respondent) अपीलाथ& की ओरसे/ Appellant By : Shri R. Vijayaraghavan (Advocate)-Ld. Ar '(थ& की ओरसे/Respondent By : Shri D. Hema Bhupal(Jcit) –Ld.Dr सुनवाई की तारीख/Date Of Hearing : 21-06-2023 घोषणा की तारीख /Date Of Pronouncement : 27-06-2023 आदेश / O R D E R Manoj Kumar Aggarwal () 1. The Grievance Of The Assessee In Captioned Appeals For Assessment Years (Ay) 2018-19 & 2019-20 Is Identical I.E., Demand Raised U/S 201(1) / (1A) For Want Of Tax Deduction At Source (Tds) On Certain Payments In Terms Of Sec. 194H Of The Act. These Payments Are In The Nature Of Rebates Given By The Assessee To Its Dealers / Distributors. The Impugned Orders Have Been Passed By Learned
For Appellant: Shri R. Vijayaraghavan (Advocate)-Ld. ARFor Respondent: Shri D. Hema Bhupal(JCIT) –Ld.DR
Section 194HSection 201(1)
price fixed by the principal from time to time.
3. The Principal will pass on to the Distributor/ Dealer such trade margins, discounts or commissions currently in vogue and as modified periodically by the Principal to the Distributor/ Dealer.
4. The Distributor/ Dealer or their authorized agent shall ensure, during the currency of this agreement, to promote the distribution
