PR.COMM.OF INCOME TAX vs. M/S THE JAMMU AND KASHMIR BANK LTD.
The appeals are dismissed
ITA/6/2017HC J&K13 Jul 2023
Bench: HON'BLE MR. JUSTICE SANJEEV KUMAR,HON'BLE MR. JUSTICE JAVED IQBAL WANI
Section 194ASection 194A(3)(f)Section 260ASection 40
TDS on the deposits of JDA. Reliance was placed by the Assessing
Authority on the judgment of Hon’ble Supreme Court rendered in the case of
Adityapur Industrial Area Development Authority vs. Union of India and
others, (2006) 283 ITR 97 (SC). On appeal by the assessee-Bank against the
order of assessment passed by the Assessing Authority, the Commissioner
