EIH LTD.,KOLKATA vs. THE DCIT, CIR-8(1), KOLKATA, KOLKATA
In the result, the appeal of the assessee is partly allowed for statistical purposes and the appeal of the revenue is dismissed
ITA 110/KOL/2016[2011-2012]Status: DisposedITAT Kolkata12 Jan 2018AY 2011-2012
Bench: Hon’Ble Shri Aby. T. Varkey, Jm & Shri M.Balaganesh, Am ] I.T.A No. 153/Kol/2016 Assessment Year : 2011-12 Dcit, Circle-8(1), Kolkata -Vs- M/S Eih Limited [Pan: Aaace 6898 B] (Appellant) (Respondent) I.T.A No. 110/Kol/2016 Assessment Year : 2011-12 M/S Eih Limited -Vs- Dcit, Circle-8(1), Kolkata [Pan: Aaace 6898 B] (Appellant) (Respondent) For The Appellant : Shri Kanchun Kaushal,Ar For The Department : Shri G.Mallikarjuna, Cit Dr Date Of Hearing : 26.10.2017 Date Of Pronouncement : 12.01.2018 Order Per Bench:
For Appellant: Shri Kanchun Kaushal,ARFor Respondent: Shri G.Mallikarjuna, CIT DR
Section 14ASection 14A(2)
1,04,24,260/-
Shri Vikramjit S.Oberoi
Rs 52,12,130/-
Shri Arjun S.Oberoi
Rs 52,12,130/-
------------------------Rs 3,82,22,285/-
The assessee debited sitting fees to non-executive directors in the sum of Rs 8,00,000/- .
The assessee claimed the TDS provisions are not applicable in respect of the aforesaid payments. The ld AO observed that
