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5 results for “TDS”+ Section 221(1)clear

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Key Topics

Section 201(1)12Section 143(3)8Section 106TDS5Section 2634Section 37(1)4Deduction3Section 2(14)2Section 372Section 250

M/S J.C.SHARMA & SONS,BHOPAL vs. PR CIT -1, BHOPAL

In the result, appeal of assessee is allowed

ITA 139/IND/2021[2016-17]Status: DisposedITAT Indore21 Jul 2022AY 2016-17

Bench: Shri Mahavir Prasad & Shri B.M. Biyani

Section 143(3)Section 163Section 263Section 37Section 37(1)

1) of the act. Continuing his submission, Ld. AR carried out attention to Para No. 4 of the assessment-order reproduced below: Page 2 of 4 J.C. Sharma & Sons Assessment Year 2016-17 “4. It is seen from the audited books that Rs.14,221/- has been debited as interest on TDS which is not a permitted expense and the same

M.P. WAREHOUSING AND LOGISTICS CORPORATION, INDORE,INDORE vs. ACIT (TDS), INDORE, INDORE

In the result, both appeals of assessee are allowed

2
Disallowance2
ITA 195/IND/2023[2012-13]Status: DisposedITAT Indore13 Oct 2023AY 2012-13

Bench: Shri Vijay Pal Rao & Shri B.M. Biyani

Section 10Section 119Section 139Section 194Section 201(1)Section 250

section 201(1) of the Act dated 3rd June, 2016 states about the amount of rent paid by the assessee to the payee and certifies that the rental income received from the assessee has been accounted for in the financial statements and the taxable income of the ‘payee’ is nil. This fact proves that there was no liability

M.P. WAREHOUSING AND LOGISTICS CORPORATION, INDORE,INDORE vs. ACIT (TDS), INDORE, INDORE

In the result, both appeals of assessee are allowed

ITA 196/IND/2023[2013-14]Status: DisposedITAT Indore13 Oct 2023AY 2013-14

Bench: Shri Vijay Pal Rao & Shri B.M. Biyani

Section 10Section 119Section 139Section 194Section 201(1)Section 250

section 201(1) of the Act dated 3rd June, 2016 states about the amount of rent paid by the assessee to the payee and certifies that the rental income received from the assessee has been accounted for in the financial statements and the taxable income of the ‘payee’ is nil. This fact proves that there was no liability

M/S BHOPAL DUGDH SANGH SAHAKARI MY.DAIRY PLANT, BHOPAL vs. DCIT -1 (1) ,BHOPAL, BHOPAL

In the result, the appeal of assessee is partly allowed for statistical purposes

ITA 128/IND/2020[2012-13]Status: DisposedITAT Indore28 Jun 2022AY 2012-13

Bench: Shri Mahavir Prasad & Shri B.M. Biyani

For Appellant: Shri Ashish Goyal & N.D. Patva, ARsFor Respondent: Shri Amit Soni, Sr. D.R
Section 143(3)

221 ITR 317 as well as in the case of Gujrat Power Corporation Ltd. Vs. ITO reported at (2013) 354 ITR 201 (Guj), the Tribunal has allowed the appeal by deleting the addition of Rs. 1,25,44,938/- made by the AO. The Hon’ble Jurisdictional High Court affirmed the view taken by the Tribunal.” 12. From a careful

GUNVEER SINGH CHHABRA ,INDORE vs. THE PR CIT -1, INDORE

In the result, assessee’s appeal is allowed

ITA 117/IND/2021[2015-16]Status: DisposedITAT Indore09 Sept 2022AY 2015-16

Bench: Ms. Madhumita Roy, Judicial Memebr & Shri Bhagirath Mal Biyani

For Appellant: Shri Shubhash Jain, A.R
Section 143(3)Section 2(14)Section 263

221 ITR 155 :— "In the first instance it was contended by learned counsel for the assessee that the very premise on which order under section 263 was made against the assessee, namely, that the Income-tax Officer has not at all examined the goodwill account is not existent. According to him, it is apparent from the record that the goodwill