ITO, WARD-14(2), HYD, HYDERABAD vs. HINDUSTAN RATNA (JV), HYD, HYDERABAD
In the result, Revenue’s appeal is dismissed
ITA 852/HYD/2015[2011-12]Status: DisposedITAT Hyderabad29 Nov 2018AY 2011-12
Bench: Smt. P. Madhavi Devi & Shri S. Rifaur Rahmanassessment Year: 2011-12 Ito, Vs. Hindustan Ratna (Jv), Ward-14(2), Hyderabad. Hyderabad. Pan: Aaefh 0901 P (Appellant) (Respondent) Assessee By: Sri P. Vinod Revenue By: Sri D. Srinivas, Dr Date Of Hearing: 14.11.2018 Date Of Pronouncement: 29.11.2018 Order Per Smt. P. Madhavi Devi, J.M.:
For Appellant: Sri P. VinodFor Respondent: Sri D. Srinivas, DR
Section 143(3)Section 194Section 194CSection 40
272/- and the balance of Rs. 29,80,87,479/- had not suffered TDS. When the assessee was asked to show cause as to why the disallowance u/s 40(a)(ia) shall not be made on the balance of Rs. 29,80,87,479/-, the assessee submitted that the Joint Venture (JV) and its constituent members do not have