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5 results for “TDS”+ Section 206clear

Sorted by relevance

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Key Topics

Section 36(1)(v)4Deduction4Disallowance4Addition to Income4Natural Justice4Section 43B3Section 206C3Section 206C(1)2

M/S SINGHAL CONCAST PVT. LTD,LUCKNOW vs. THE INCOME TAX OFFICER(TDS)-1, LUCKNOW

In the result, the appeal of the assessee stands allowed

ITA 10/LKW/2022[2015-2016]Status: DisposedITAT Lucknow27 Apr 2022AY 2015-2016

Bench: Shri A. D. Jain & Shri T. S. Kapoor

Section 206Section 206CSection 206C(1)Section 206C(6)

section 206 C of the IT Act in the case of the assessee. Therefore, the assessee cannot be held to be in default. The assessee is not required to deduct tax u/s 206 C (6) of the IT Act on the items of scrap as noted above. Resultantly, no Navine Fluorine International Ltd. Vs ACIT, TDS

ACIT CIRCLE 3, LUCKNOW vs. RAJDHANI NAGAR SAHKARI BANK LTD, LUCKNOW

In the result, the appeal of the assessee in ITA

ITA 141/LKW/2024[2016-17]Status: Disposed
ITAT Lucknow
22 May 2025
AY 2016-17

Bench: Shri Kul Bharat & Before Shri Kul Bharat & Before Shri Kul Bharat & Shri Nikhil Choudharyshri Nikhil Choudharyshri Nikhil Choudharyita Nos. 112 To 114/Lkw/2024 A.Ys. 2015-16 To 2017-18 Rajdhani Nagar Sahkari Rajdhani Nagar Sahkari Vs. Dcit Bank Ltd P.K. Complex, Raja Ram Mohan P.K. Complex, Raja Ram Mohan 555Ga/86, Sardari Khera, 555Ga/86, Sardari Khera, Rai Marg, Lucknow-226001. 226001. Alambagh, Lucknow-226006 226006 Pan:Aaaar1269D (Appellant) (Respondent) (Respondent) A.Y.2016-17 Acit Circle-3 Vs. Rajdhani Nagar Sahkari Bank Rajdhani Nagar Sahkari Bank 57 Ram Tirath Marg Pratyaksh 57 Ram Tirath Marg Pratyaksh Ltd Kar Bhawan, Lucknow Kar Bhawan, Lucknow-226001 555Ga/86, Sardari Khera, 555Ga/86, Sardari Khera, Alambagh, Lucknow-226006 226006 Pan: Aaaar1269D (Appellant) (Respondent) (Respondent) Assessee By: Sh. K.R. Rastogi, C.A. Sh. Shubham Rastogi, C.A. Revenue By: Sh. Sanjeev Krishna Sharma, Addl. Addl. Cit- Dr Date Of Hearing: 28.04.2025 Date Of Pronouncement: Date Of Pronouncement: 22.05.2025 O R D E R Per Bench.: These Four Appeals Have Been Have Been Filed For The Assessment Years 2015 For The Assessment Years 2015-16, 2016- 17 & 2017-18 By The Assessee & Revenue Ssessee & Revenue Against The Respective Orders Of The Respective Orders Of The Ld. Cit(A)/Nfac, Delhi Dated 02.02.2024, 05.02.2024 & 05.02.2024 Delhi Dated 02.02.2024, 05.02.2024 & 05.02.2024. While The Delhi Dated 02.02.2024, 05.02.2024 & 05.02.2024 Assessee Is In Appeal In Assessment Years 2015 Assessee Is In Appeal In Assessment Years 2015-16, 2016-17 & 2017-18, The Revenue 18, The Revenue

For Appellant: Sh. K.R. Rastogi, C.AFor Respondent: Sh. Sanjeev Krishna Sharma, Addl
Section 36(1)(v)

206 and 399 ITR 483 and held that in the absence of exempt income, CBDT Circular cannot override express provisions of Section 14A of 1. T. Act r. w. r. 8D of 1. T. Rules. Thus, the disallowance upheld Rs.61,78,920/-solely on the basis of CBDT Circular is not valid as per Law. 3. The Ld. C.I.T

RAJDHANI NAGAR SAHKARI BANK LTD,LUCKNOW vs. DY.CIT, LUCKNOW

In the result, the appeal of the assessee in ITA

ITA 114/LKW/2024[2017-18]Status: DisposedITAT Lucknow22 May 2025AY 2017-18
For Appellant: \nSh. K.R. Rastogi, C.AFor Respondent: \nSh. Sanjeev Krishna Sharma, Addl. CIT-DR
Section 36(1)(v)Section 43B

206 and 399 ITR 483 and held that in the absence of exempt income, CBDT Circular cannot override express provisions of Section 14A of 1. T. Act r. w. r. 8D of 1. T. Rules. Thus, the disallowance upheld Rs.61,78,920/-solely on the basis of CBDT Circular is not valid as per Law.\n3. The Ld. C.I.T

RAJDHANI NAGAR SAHKARI BANK LTD,LUCKNOW vs. DY.CIT, LUCKNOW

ITA 112/LKW/2024[2015-16]Status: DisposedITAT Lucknow22 May 2025AY 2015-16
Section 36(1)(v)Section 43B

206 and 399 ITR 483 and held that in the absence of exempt\nincome, CBDT Circular cannot override express provisions of Section 14A of I. T. Act\nr. w. r. 8D of 1. T. Rules. Thus, the disallowance upheld Rs.58,09,459/-solely on the\nbasis of CBDT Circular is not valid as per Law.\nWITHOUT PREJUDICE TO ABOVE

RAJDHANI NAGAR SAHKARI BANK LTD,LUCKNOW vs. DY. CIT, LUCKNOW

In the result, the appeal of the assessee in ITA

ITA 113/LKW/2024[2016-17]Status: DisposedITAT Lucknow22 May 2025AY 2016-17
For Appellant: \nSh. K.R. Rastogi, C.AFor Respondent: \nSh. Sanjeev Krishna Sharma, Addl. CIT-
Section 36(1)(v)Section 43B

206 and 399 ITR 483 and held that in the absence of exempt\nincome, CBDT Circular cannot override express provisions of Section 14A of I. T. Act\nr. w. r. 8D of 1. T. Rules. Thus, the disallowance upheld Rs.58,09,459/-solely on the\nbasis of CBDT Circular is not valid as per Law.\nWITHOUT PREJUDICE TO ABOVE