M/S. SUBSCRIBERS CHITS (P) LTD. vs. COMMISSIONER OF INCOME TAX
Appeals stand allowed accordingly
ITA/34/2016HC Kerala23 Mar 2021
Bench: HONOURABLE MR.JUSTICE S.V.BHATTI,HONOURABLE MR. JUSTICE BECHU KURIAN THOMAS
Section 271CSection 273B
9.
We have heard the rival submissions and
perused the material on record. Admittedly, in
the instant case it is a situation where the assessee
had deducted tax at source and failed to remit the
same to the Central Government Account in time.
The Hon'ble jurisdictional High Court in the case of
Classic Concepts Home India Pvt Ltd (supra
