M/S. MAKEMYTRIP (INDIA) PRIVATE LIMITED,GURGAON vs. ADDL.CIT, NEW DELHI

In the result, the appeal of the assessee is partly allowed

Bench: Shri Bhavnesh Saini & Shri L. P. Sahu.

197A of the Income Tax Act by the Government of India. The assessee, therefore, pleaded that section 194H of the I. T. Act would not apply in the case of assessee because there is no transaction of commission or brokerage. The assessee also submitted that American Express Bank Ltd. and Citi Bank have issued ‘NIL’ TDS

M/S. NKC PROJECTS (P) LTD.,NEW DELHI vs. DCIT, NEW DELHI

In the result, appeal of the assessee is allowed

Bench: Shri R.K. Panda & Shri K.Narasimha Charyassessment Year: 2013-14 M/S. Nkc Projects (P) Ltd., Vs Dy. Commissioner Of Income Tax, C-3/438A, Ground Floor, Circle – 18(2), Janakpuri, New Delhi New Delhi – 110 058. Applicant Respondent

TDs on bank guarantee commission of Rs. 1,50,59,663/- debited to P&L account till 31/12/2012, but since the assessee did not deduct the tax at source, the claim of the assessee of Rs. 1,50,59,663/- was to be disallowed under section 40(a)(ia) of the Act on account of non-deduction

DCIT, NEW DELHI vs. M/S. PETRONET LNG LTD., NEW DELHI

Appeal of the assessee is allowed

Bench: Sh. Sudhanshu Srivastavadr. B. R. R. Kumar(Through Video Conferencing) Ita No. 5230/Del/2015 : Asstt. Year : 2009-10 Ita No. 5231/Del/2015 : Asstt. Year : 2010-11 Ita No. 5232/Del/2015 : Asstt. Year : 2011-12 Petronet Lng Ltd., Vs Deputy Commissioner Of First Floor, World Trade Centre, Income Tax, Circle-19(2), Babar Road, Barakhamba Lane, New Delhi New Delhi-110001 (Appellant) (Respondent) Pan No. Aaacp8148D Ita No. 4902/Del/2015 : Asstt. Year : 2009-10 Ita No. 4903/Del/2015 : Asstt. Year : 2010-11 Ita No. 4904/Del/2015 : Asstt. Year : 2011-12 Deputy Commissioner Of Vs Petronet Lng Ltd., Income Tax, Circle-19(2), First Floor, World Trade Centre, New Delhi Babar Road, Barakhamba Lane, New Delhi-110001 (Appellant) (Respondent) Pan No. Aaacp8148D Assessee By : Sh. Vishal Kalra, Adv. Revenue By : Sh. H. K. Choudhary, Cit Dr Date Of Hearing: 27.01.2021 Date Of Pronouncement: 18.03.2021

TDS was required to be deducted on payments to bank. 66. The said Notification No. 56/2012 dated 31.12.2012 is quoted below: "Section 197A

DCIT, NEW DELHI vs. M/S. PETRONET LNG LTD., NEW DELHI

Appeal of the assessee is allowed

Bench: Sh. Sudhanshu Srivastavadr. B. R. R. Kumar(Through Video Conferencing) Ita No. 5230/Del/2015 : Asstt. Year : 2009-10 Ita No. 5231/Del/2015 : Asstt. Year : 2010-11 Ita No. 5232/Del/2015 : Asstt. Year : 2011-12 Petronet Lng Ltd., Vs Deputy Commissioner Of First Floor, World Trade Centre, Income Tax, Circle-19(2), Babar Road, Barakhamba Lane, New Delhi New Delhi-110001 (Appellant) (Respondent) Pan No. Aaacp8148D Ita No. 4902/Del/2015 : Asstt. Year : 2009-10 Ita No. 4903/Del/2015 : Asstt. Year : 2010-11 Ita No. 4904/Del/2015 : Asstt. Year : 2011-12 Deputy Commissioner Of Vs Petronet Lng Ltd., Income Tax, Circle-19(2), First Floor, World Trade Centre, New Delhi Babar Road, Barakhamba Lane, New Delhi-110001 (Appellant) (Respondent) Pan No. Aaacp8148D Assessee By : Sh. Vishal Kalra, Adv. Revenue By : Sh. H. K. Choudhary, Cit Dr Date Of Hearing: 27.01.2021 Date Of Pronouncement: 18.03.2021

TDS was required to be deducted on payments to bank. 66. The said Notification No. 56/2012 dated 31.12.2012 is quoted below: "Section 197A

PETRONET LNG LTD.,NEW DELHI vs. ADDL. CIT, NEW DELHI

Appeal of the assessee is allowed

Bench: Sh. Sudhanshu Srivastavadr. B. R. R. Kumar(Through Video Conferencing) Ita No. 5230/Del/2015 : Asstt. Year : 2009-10 Ita No. 5231/Del/2015 : Asstt. Year : 2010-11 Ita No. 5232/Del/2015 : Asstt. Year : 2011-12 Petronet Lng Ltd., Vs Deputy Commissioner Of First Floor, World Trade Centre, Income Tax, Circle-19(2), Babar Road, Barakhamba Lane, New Delhi New Delhi-110001 (Appellant) (Respondent) Pan No. Aaacp8148D Ita No. 4902/Del/2015 : Asstt. Year : 2009-10 Ita No. 4903/Del/2015 : Asstt. Year : 2010-11 Ita No. 4904/Del/2015 : Asstt. Year : 2011-12 Deputy Commissioner Of Vs Petronet Lng Ltd., Income Tax, Circle-19(2), First Floor, World Trade Centre, New Delhi Babar Road, Barakhamba Lane, New Delhi-110001 (Appellant) (Respondent) Pan No. Aaacp8148D Assessee By : Sh. Vishal Kalra, Adv. Revenue By : Sh. H. K. Choudhary, Cit Dr Date Of Hearing: 27.01.2021 Date Of Pronouncement: 18.03.2021

TDS was required to be deducted on payments to bank. 66. The said Notification No. 56/2012 dated 31.12.2012 is quoted below: "Section 197A

PETRONET LNG LTD.,NEW DELHI vs. ADDL. CIT, NEW DELHI

Appeal of the assessee is allowed

Bench: Sh. Sudhanshu Srivastavadr. B. R. R. Kumar(Through Video Conferencing) Ita No. 5230/Del/2015 : Asstt. Year : 2009-10 Ita No. 5231/Del/2015 : Asstt. Year : 2010-11 Ita No. 5232/Del/2015 : Asstt. Year : 2011-12 Petronet Lng Ltd., Vs Deputy Commissioner Of First Floor, World Trade Centre, Income Tax, Circle-19(2), Babar Road, Barakhamba Lane, New Delhi New Delhi-110001 (Appellant) (Respondent) Pan No. Aaacp8148D Ita No. 4902/Del/2015 : Asstt. Year : 2009-10 Ita No. 4903/Del/2015 : Asstt. Year : 2010-11 Ita No. 4904/Del/2015 : Asstt. Year : 2011-12 Deputy Commissioner Of Vs Petronet Lng Ltd., Income Tax, Circle-19(2), First Floor, World Trade Centre, New Delhi Babar Road, Barakhamba Lane, New Delhi-110001 (Appellant) (Respondent) Pan No. Aaacp8148D Assessee By : Sh. Vishal Kalra, Adv. Revenue By : Sh. H. K. Choudhary, Cit Dr Date Of Hearing: 27.01.2021 Date Of Pronouncement: 18.03.2021

TDS was required to be deducted on payments to bank. 66. The said Notification No. 56/2012 dated 31.12.2012 is quoted below: "Section 197A

DCIT, NEW DELHI vs. M/S. PETRONET LNG LTD., NEW DELHI

Appeal of the assessee is allowed

Bench: Sh. Sudhanshu Srivastavadr. B. R. R. Kumar(Through Video Conferencing) Ita No. 5230/Del/2015 : Asstt. Year : 2009-10 Ita No. 5231/Del/2015 : Asstt. Year : 2010-11 Ita No. 5232/Del/2015 : Asstt. Year : 2011-12 Petronet Lng Ltd., Vs Deputy Commissioner Of First Floor, World Trade Centre, Income Tax, Circle-19(2), Babar Road, Barakhamba Lane, New Delhi New Delhi-110001 (Appellant) (Respondent) Pan No. Aaacp8148D Ita No. 4902/Del/2015 : Asstt. Year : 2009-10 Ita No. 4903/Del/2015 : Asstt. Year : 2010-11 Ita No. 4904/Del/2015 : Asstt. Year : 2011-12 Deputy Commissioner Of Vs Petronet Lng Ltd., Income Tax, Circle-19(2), First Floor, World Trade Centre, New Delhi Babar Road, Barakhamba Lane, New Delhi-110001 (Appellant) (Respondent) Pan No. Aaacp8148D Assessee By : Sh. Vishal Kalra, Adv. Revenue By : Sh. H. K. Choudhary, Cit Dr Date Of Hearing: 27.01.2021 Date Of Pronouncement: 18.03.2021

TDS was required to be deducted on payments to bank. 66. The said Notification No. 56/2012 dated 31.12.2012 is quoted below: "Section 197A

PETRONET LNG LTD.,NEW DELHI vs. ADDL. CIT, NEW DELHI

Appeal of the assessee is allowed

Bench: Sh. Sudhanshu Srivastavadr. B. R. R. Kumar(Through Video Conferencing) Ita No. 5230/Del/2015 : Asstt. Year : 2009-10 Ita No. 5231/Del/2015 : Asstt. Year : 2010-11 Ita No. 5232/Del/2015 : Asstt. Year : 2011-12 Petronet Lng Ltd., Vs Deputy Commissioner Of First Floor, World Trade Centre, Income Tax, Circle-19(2), Babar Road, Barakhamba Lane, New Delhi New Delhi-110001 (Appellant) (Respondent) Pan No. Aaacp8148D Ita No. 4902/Del/2015 : Asstt. Year : 2009-10 Ita No. 4903/Del/2015 : Asstt. Year : 2010-11 Ita No. 4904/Del/2015 : Asstt. Year : 2011-12 Deputy Commissioner Of Vs Petronet Lng Ltd., Income Tax, Circle-19(2), First Floor, World Trade Centre, New Delhi Babar Road, Barakhamba Lane, New Delhi-110001 (Appellant) (Respondent) Pan No. Aaacp8148D Assessee By : Sh. Vishal Kalra, Adv. Revenue By : Sh. H. K. Choudhary, Cit Dr Date Of Hearing: 27.01.2021 Date Of Pronouncement: 18.03.2021

TDS was required to be deducted on payments to bank. 66. The said Notification No. 56/2012 dated 31.12.2012 is quoted below: "Section 197A

M/S. MOET HENNESSY INDIA PVT. LTD.,MUMBAI vs. ACIT, SPECIAL RANGE-6, NEW DELHI

Bench: Shri R.K. Panda & Shri Kuldip Singh

section 197A of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies that no deduction of tax under Chapter XVII of the said Act shall be made on the payments of the nature specified below, in case such payment is made by a person to a bank listed in the Second Schedule to the Reserve Bank

MOET HENNESSY INDIA PVT. LTD.,MUMBAI vs. ACIT, SPECIAL RANGE-6, NEW DELHI

Bench: Shri R.K. Panda & Shri Kuldip Singh

section 197A of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies that no deduction of tax under Chapter XVII of the said Act shall be made on the payments of the nature specified below, in case such payment is made by a person to a bank listed in the Second Schedule to the Reserve Bank

DCIT (TDS), GURGAON vs. THE SONIPAT CENTRAL CO-OP BANK LTD., SONEPAT

In the result, the appeal filed by the Revenue stands dismissed

Bench: Shri H.S. Sidhua.Y. : 2011-12

TDS of Rs. 26,59,099/- and interest thereon of Rs. 3,42,527/- with respect to cases where Form No. 15G/15H were late submitted in violation of provisions of section 194A read with section 197A

ITO, GURGAON vs. THE GURGAON CENTRAL CO-OP BANK LTD, MEWAT

In the result, both the Appeals filed by the Revenue stand dismissed

Bench: Shri R. K. Panda & Ms Suchitra Kamble

197A & note 28C). 3. The appellant craves leave to add, alter, amend and/or, modify any of the grounds of appeal at or before the hearing of the appeal. 3. Since the issue is common in all these appeals for the factual matrix, we are taking up Assessment Year 2013-14. The assessee bank has filed its TDS return under

ITO, GURGAON vs. THE GURGAON CENTRAL CO-OP BANK LTD, MEWAT

In the result, both the Appeals filed by the Revenue stand dismissed

Bench: Shri R. K. Panda & Ms Suchitra Kamble

197A & note 28C). 3. The appellant craves leave to add, alter, amend and/or, modify any of the grounds of appeal at or before the hearing of the appeal. 3. Since the issue is common in all these appeals for the factual matrix, we are taking up Assessment Year 2013-14. The assessee bank has filed its TDS return under

ITO, GURGAON vs. THE GURGAON CENTRAL CO-OP BANK LTD, MEWAT

In the result, both the Appeals filed by the Revenue stand dismissed

Bench: Shri R. K. Panda & Ms Suchitra Kamble

197A & note 28C). 3. The appellant craves leave to add, alter, amend and/or, modify any of the grounds of appeal at or before the hearing of the appeal. 3. Since the issue is common in all these appeals for the factual matrix, we are taking up Assessment Year 2013-14. The assessee bank has filed its TDS return under

ITO, GURGAON vs. THE GURGAON CENTRAL CO-OP BANK LTD, MEWAT

In the result, both the Appeals filed by the Revenue stand dismissed

Bench: Shri R. K. Panda & Ms Suchitra Kamble

197A & note 28C). 3. The appellant craves leave to add, alter, amend and/or, modify any of the grounds of appeal at or before the hearing of the appeal. 3. Since the issue is common in all these appeals for the factual matrix, we are taking up Assessment Year 2013-14. The assessee bank has filed its TDS return under

ITO, GURGAON vs. THE GURGAON CENTRAL CO-OP BANK LTD, MEWAT

In the result, both the Appeals filed by the Revenue stand dismissed

Bench: Shri R. K. Panda & Ms Suchitra Kamble

197A & note 28C). 3. The appellant craves leave to add, alter, amend and/or, modify any of the grounds of appeal at or before the hearing of the appeal. 3. Since the issue is common in all these appeals for the factual matrix, we are taking up Assessment Year 2013-14. The assessee bank has filed its TDS return under

ITO, GURGAON vs. THE GURGAON CENTRAL CO-OP BANK LTD, MEWAT

In the result, both the Appeals filed by the Revenue stand dismissed

Bench: Shri R. K. Panda & Ms Suchitra Kamble

197A & note 28C). 3. The appellant craves leave to add, alter, amend and/or, modify any of the grounds of appeal at or before the hearing of the appeal. 3. Since the issue is common in all these appeals for the factual matrix, we are taking up Assessment Year 2013-14. The assessee bank has filed its TDS return under

ITO, GURGAON vs. THE GURGAON CENTRAL CO-OP BANK LTD, MEWAT

In the result, both the Appeals filed by the Revenue stand dismissed

Bench: Shri R. K. Panda & Ms Suchitra Kamble

197A & note 28C). 3. The appellant craves leave to add, alter, amend and/or, modify any of the grounds of appeal at or before the hearing of the appeal. 3. Since the issue is common in all these appeals for the factual matrix, we are taking up Assessment Year 2013-14. The assessee bank has filed its TDS return under