DEPUTY COMMISSIONER OF INCOME TAX(IT)-II, HYDERABAD vs. SEW INFRASTRUCTURE LIMITED, SECUNDERABAD
In the result, appeal filed by the Revenue is dismissed
ITA 725/HYD/2024[2015-16]Status: DisposedITAT Hyderabad28 Oct 2024AY 2015-16
Bench: Shri Laliet Kumar & Shri Manjunatha, G.आ.अपी.सं /Ita No.725/Hyd/2024 (िनधा"रण वष"/Assessment Year: 2015-16) Dy. C.I.T (It)-Ii Vs. Sew Infrastructure Ltd Hyderabad Secunderabad Pan:Aadcs4061P (Appellant) (Respondent) राज" व "ारा/Revenue By: Shri B Bala Krishna, Cit(Dr) िनधा""रती "ारा/Assessee By: Shri S. Rama Rao, Advocate सुनवाई की तारीख/Date Of Hearing: 22/10/2024 घोषणा की तारीख/Pronouncement: 28/10/2024 आदेश/Order
For Appellant: Shri S. Rama Rao, AdvocateFor Respondent: Shri B Bala Krishna, CIT(DR)
Section 154Section 2Section 206ASection 90Section 90(2)Section 9O(2)
TDS applicable.
xi. CBDT Circular No.5 of 2010 setting out explanatory notes to Finance (No.2) Bill, 2009 clearly explains the scope of section 206AA extending it to non-residents.
xii. The non-residents as non-residents are not required to obtain PAN as per section 139A(8) r.w. rule 114C of the Income Tax Rules, 1962, however section 206AA
