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5 results for “TDS”+ Section 205clear

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Key Topics

Section 409Section 143(3)6Deduction5TDS4Addition to Income4Section 2053Section 1483Section 194C3Reassessment3Section 143(1)

SUBAIDA ABDURAHIMAN,KOZHIKODE vs. ITO, WARD-1(3), CALICUT

In the result, the appeal filed by the assessee stands allowed for statistical purposes

ITA 342/COCH/2024[2023-2024]Status: DisposedITAT Cochin12 Nov 2024AY 2023-2024

Bench: Shri Waseem Ahmed & Shri Soundararajan K.Assessment Year : 2023-24

For Appellant: Shri Venugopal, CAFor Respondent: Smt. Girly Albert, Snr DR
Section 143(1)Section 205

Section 205, the learned CIT(A) summarily rejected the application of 3 205 without justification by merely stating in para 6.6 that "The provisions of S.205 of the Act are not related to allowing TDS

MUTHOOT FINCORP LIMITED,TRIVANDRUM vs. ITO,CIRCLE CENTRAL, TRIVANDRUM

In the result, the appeals filed by the assessee stand dismissed

2
Section 36(1)(iii)2
ITA 496/COCH/2025[2010-2011]Status: Disposed
ITAT Cochin
22 Aug 2025
AY 2010-2011

Bench: Shri Inturi Rama Rao, Am & Shri Rahul Chaudhary, Jm

For Appellant: Shri R. Krishnan, CAFor Respondent: Shri Sanjit Kumar Das, CIT-DR
Section 143(3)Section 148Section 194CSection 40

TDS only on a sum of Rs. 1,32,42,920/- and on the balance amount no tax was deducted at source treating it as mere reimbursement of expenditure to MPCMS. The said payee, i.e. MPCMS also raised different bills. The AO was of the opinion that the money paid towards management consultancy charges under composite contract and the contract

MUTHOOT FINCORP LIMITED,THIRUVANANTHAPURAM vs. JCIT, SPECIAL RANGE, THIRUVANANTHAPURAM

In the result, the appeals filed by the assessee stand dismissed

ITA 465/COCH/2025[2013-2014]Status: DisposedITAT Cochin22 Aug 2025AY 2013-2014

Bench: Shri Inturi Rama Rao, Am & Shri Rahul Chaudhary, Jm

For Appellant: Shri R. Krishnan, CAFor Respondent: Shri Sanjit Kumar Das, CIT-DR
Section 143(3)Section 148Section 194CSection 40

TDS only on a sum of Rs. 1,32,42,920/- and on the balance amount no tax was deducted at source treating it as mere reimbursement of expenditure to MPCMS. The said payee, i.e. MPCMS also raised different bills. The AO was of the opinion that the money paid towards management consultancy charges under composite contract and the contract

MUTHOOT FINCORP LIMITED,THIRUVANANTHAPURAM vs. JCIT, SPECIAL RANGE, THIRUVANANTHAPURAM

In the result, the appeals filed by the assessee stand dismissed

ITA 464/COCH/2025[2006-2007]Status: DisposedITAT Cochin22 Aug 2025AY 2006-2007

Bench: Shri Inturi Rama Rao, Am & Shri Rahul Chaudhary, Jm

For Appellant: Shri R. Krishnan, CAFor Respondent: Shri Sanjit Kumar Das, CIT-DR
Section 143(3)Section 148Section 194CSection 40

TDS only on a sum of Rs. 1,32,42,920/- and on the balance amount no tax was deducted at source treating it as mere reimbursement of expenditure to MPCMS. The said payee, i.e. MPCMS also raised different bills. The AO was of the opinion that the money paid towards management consultancy charges under composite contract and the contract

THE DCIT, CIRCLE-1, THIRUVALLA, THIRUVALLA vs. M/S.MINI MUTHOOTTU CREDIT INDIA P. LTD, KOZHENCHERRY

In the result, the appeal filed by the Revenue is allowed

ITA 237/COCH/2018[2012-13]Status: DisposedITAT Cochin04 Sept 2018AY 2012-13

Bench: S/Shri Chandra Poojari, Am & George George K., Jm I.T.A. No.237/Coch/2018 Assessment Year : 2012-13 The Assistant Commissioner Of Vs. M/S. Mini Muthoottu Credit India Income-Tax, Circle-1, Thiruvalla. (P) Ltd., Muthoot Building, Kozhencherry-689 641. [Pan: Aaecm 5739P]

Section 250Section 36(1)(iii)

205) 84,46,155 Thus it was submitted that the borrowed fund was exclusively used for the purpose of business. 5.2 It was submitted that during the assessment year, the assessee had incurred interest on loan amounting to Rs. 1,40,49,375/- and earned agriculture income of Rs. 1,93,540/- and interest was mainly incurred for this working