M/S. APPOLLO TYRES LTD vs. THE ASSISTANT COMMISSIONER OF INCOME TAX

Bench: HONOURABLE MR.JUSTICE S.V.BHATTI,HONOURABLE MR.JUSTICE VIJU ABRAHAM

92,000/-. The reason assigned by the Assessing Officer is that the assessee did not deduct TDS from the amount payable to the commission agents. The ex post facto reversing of the entry and payment of commission in the subsequent year together with deduction of TDS is not acceptable while treating the provision made for the Assessment Year