THE PRINCIPAL COMMISSIONER OF INCOME TAX, vs. SMT.GRACY BABU,
ITA/54/2020HC Kerala03 Apr 2024
Bench: HONOURABLE DR. JUSTICE A.K.JAYASANKARAN NAMBIAR,HONOURABLE MR. JUSTICE SYAM KUMAR V.M.
For Respondent: THE PRINCIPAL COMMISSIONER OF INCOME TAX
TDS portion u/s 194C also on the payment towards expenses
incurred by them for constructing the building. It was submitted that the
advance given was not shown as utilization in the computation of income of
the Trust and a journal entry only was made in the books of accounts of the
Trust transferring the advance amount to the building account
