BHARAT FINANCIAL INCLUSION LIMITED (ERSTWHILE KNOWN AS SKS MICROFINCANCE LIMITED), HYDERABAD,HYDERABAD vs. DCIT (TDS), CIRCLE-2(1), HYDERABAD, HYDERABAD
In the result, appeal of the assessee is allowed
ITA 237/HYD/2017[2012-13]Status: DisposedITAT Hyderabad03 Aug 2018AY 2012-13
Bench: Smt P. Madhavi Devi & Shri S. Rifaur Rahmanassessment Year: 2012-13 Bharat Financial Inclusion Ltd. Dy. Commissioner Of Income- Vs. (Erstwhile Known As Sks Tax (Tds), Circle – 2(1), Microfinance Ltd.), Hyderabad Hyderabad. Pan – Aaics 2940J (Appellant) (Respondent)
For Appellant: Shri K.C. DevdasFor Respondent: Shri J. Siri Kumar
Section 133ASection 154Section 192Section 194JSection 201Section 201(1)Section 23
194J paid on 7
of the Act
June 12
Interest u/s 201(1A) on above
7,80,000
Total
6,10,08,571
Later, the AO passed revised order u/s 154 dated 10 th November,
2016 reducing the demand raised to Rs. 1,11,36,772. 2.3
The reasons for passing the order