M/S POWER MAX (INDIA) PVT. LTD.,KOLKATA vs. DCIT, CIR-8, KOL., KOLKATA
In the result, the appeal of the assessee is partly allowed
ITA 125/KOL/2017[2011-2012]Status: DisposedITAT Kolkata15 Jun 2018AY 2011-2012
Bench: Shri P.M. Jagtap, Am & Shri S.S. Viswanethra Ravi, Jm] I.T.A. No. 125/Kol/2017 Assessment Year: 2011-12 M/S. Power Max (India) Pvt. Ltd....................................………………………….............Appellant 18A, Park Street, Stephen Court, Kolkata – 700 071. [Pan : Aabcp 9559 R] Dcit Circle 8 Kolkata..………………………………………………………….............Respondent Aayakar Bhawan Poorva, 110, Shanti Pally, 6Th Floor, Kolkata – 700 107. Appearances By: Shri A.N. Chatterjee, Fca Appearing On Behalf Of The Assessee. Shri S. Dasgupta, Addl. Cit (Dr) Appearing On Behalf Of The Revenue. Date Of Concluding The Hearing : April 05, 2018 Date Of Pronouncing The Order : June 15, 2018 Order Per P.M. Jagtap, Am This Appeal Filed By The Assessee Is Directed Against The Order Of Ld. Cit(A) – 18, Kolkata Dated 19.12.2016. 2. At The Time Of Hearing Before The Tribunal, The Learned Counsel For The Assessee Has Not Pressed Ground No 1 Raised In The Appeal Of The Assessee. It Is Also Noted That Ground No 4 Raised By The Assessee In This Appeal In General Which Does Not Call For Specific Adjudication.
Section 143(3)Section 194C(2)Section 194ISection 206ASection 40
96,40,682/-. As noted by the AO during the course of assessment proceedings, tax at 1%
was deducted by the assessee from the payments made to some sub- contractors whose permanent account numbers were neither mentioned nor available with the assessee. According to the AO, the assessee was liable to deduct tax @20% in such cases
