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7 results for “TDS”+ Section 40aclear

Sorted by relevance

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Key Topics

Section 26021Section 194C4Disallowance4Section 40a3TDS3Section 260A2Section 14A(1)2Section 194H2Section 402Section 201(1)

THE COMMISSIONER OF INCOME-TAX, vs. M/S CORPORATION BANK

In the result, the third substantial question of law is also answered

ITA/427/2015HC Karnataka23 Nov 2020

Bench: ALOK ARADHE,H.T. NARENDRA PRASAD

Section 143(1)Section 14A(1)Section 194HSection 260Section 260ASection 36(1)Section 36(1)(vii)Section 40a

TDS under section 194H of the Income Tax Act? 2. Facts leading to filing of this appeal briefly stated are that the assessee is a Nationalized Bank. The assessee had filed the return of income on 28.09.2011 by which income of Rs.1412,98,.50,750/- was declared. Thereafter, a revised return was filed on 23.12.2011 by which income of Rs.1366

2
Addition to Income2

COMMISSIONER OF INCOME vs. SHRI G BALRAJ, PWD

In the result, question No

ITA/103/2011HC Karnataka31 Aug 2016

Bench: S.N.SATYANARAYANA,JAYANT PATEL

Section 260

section 40A(3) cannot apply. He also drew our attention to the decision of the Hon’ble jurisdictional High Court in the case of CIT Vs. Balaji Engineering and Construction Works 323 ITR 351[Kar], where the finding of the Tribunal was upheld. 8. The learned Departmental Representative, on the other hand, submitted that the assessee ought to have considered

M/S TOYOTA KIRLOSKAR MOTOR P LTD vs. INCOME TAX OFFICER

In the result, the appeal is allowed

ITA/245/2018HC Karnataka24 Mar 2021

Bench: ALOK ARADHE,M.G.S. KAMAL

Section 201(1)Section 260Section 260ASection 40a

Section 40a(i) and (ia) of the Act and the same was offered to tax. Subsequent to filing of the return, the assessee received invoices from the vendors for the Assessment Year 2012-13 and the amount mentioned in the invoices was debited to the provision already made with a corresponding credit to the 5 respective vendors account. The amount

TIMES VPL LIMITED vs. THE COMMISSIONR OF INCOME TAX

In the result, the order passed by the

ITA/274/2013HC Karnataka17 Oct 2019

Bench: ALOK ARADHE,P.G.M.PATIL

Section 143(3)Section 194CSection 260Section 263Section 40

TDS shall be applicable only where it is a ‘contract for work’.” 14. Thus, if the order passed by the Commissioner of Income Tax as well as the order passed by the Income Tax Appellate Tribunal are read in conjunction in the light of the Circular No.13 of 2006 issued by the Central Board of Direct Taxes, it is axiomatic

THE COMMISSIONER OF INCOME TAX vs. M/S WIPRO LTD

The appeals stand disposed of, accordingly

ITA/211/2009HC Karnataka25 Mar 2015

Bench: N.KUMAR,B.SREENIVASE GOWDA

Section 260

TDS of Rs.6,02,14,066/- and advance tax payment of Rs.59,50,80,000/-. The assessee claimed refund of Rs.17,12,21,725/-. The return of income was processed u/s 143(1) on 31.01.2005 and the case was selected for scrutiny and notice u/s 143(2) was issued on 14.02.2005. A questionnaire was issued on 27.04.2006 calling for certain

M/S WIPRO LIMITED vs. THE DEPUTY COMMISSIONER OF INCOME TAX

The appeals stand disposed of, accordingly

ITA/881/2008HC Karnataka25 Mar 2015

Bench: N.KUMAR,B.SREENIVASE GOWDA

Section 260

TDS of Rs.6,02,14,066/- and advance tax payment of Rs.59,50,80,000/-. The assessee claimed refund of Rs.17,12,21,725/-. The return of income was processed u/s 143(1) on 31.01.2005 and the case was selected for scrutiny and notice u/s 143(2) was issued on 14.02.2005. A questionnaire was issued on 27.04.2006 calling for certain

THE PR COMMISSIONER OF INCOME TAX vs. ADC INDIA COMMUNICATIONS LTD

The appeal is disposed of with liberty as prayed for by the learned

ITA/494/2022HC Karnataka30 Sept 2024

Bench: S.G.PANDIT,C.M. POONACHA

Section 260Section 40Section 40A(7)Section 9(1)(vii)

TDS on said payment which is towards fees on technical serves ignoring that conditions set out in said provisions were fully satisfied in case of assessee to make such disallowance? 7. Whether on the facts and in the circumstances of the case, the Tribunal’s order can be said as perverse in nature in setting aside disallowance made under section