M/S MODEL TANNERS (INDIA) PVT. LTD.,KANPUR vs. ASTT. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-3, KANPUR
In the result, both the appeals are partly allowed
ITA 702/LKW/2017[2011-12]Status: DisposedITAT Lucknow18 Jan 2019AY 2011-12
Bench: Shri. A. D. Jain & Shri T. S. Kapoor
For Appellant: Shri Rakesh Garg, AdvocateFor Respondent: Shri A. K. Bar, CIT (DR)
Section 143(3)Section 14ASection 195Section 263Section 263(1)Section 80ISection 9Section 9(1)Section 9(1)(vii)
56,043/- is erroneous and prejudicial to the interests of revenue for the following facts and reasons:
Applicability of Section 195 of the Income Tax Act, 1961
on Commission paid to foreign agents (sales commission)
The assessee company has paid a sum of Rs.91,31,915/-
(Rs.38,58,862/- from Unit -1 & Rs. 52,73,053/- from Unit
