DCIT CEN CIR 22, MUMBAI vs. M.R. CONSTRUCTION, MUMBAI

In the result, in the case of M

Bench: Sri Mahavir Singh, Jm & Sri Rajesh Kumar, Am

3. Disallowance u/s 40(a)(ia) – non deduction of TDS Interest on Loan – Jawahar Purohit 11,50,309 11,50,309 Nil Section 194C – Transport 52,136 52,136 Nil Section 194J – Professional Charges 1,17,125 Nil 1,17,125 Interest on Loan –Asahi Infrastructure & 10,686 Nil 10,686 Projects Ltd. Disallowance under section 40(a)(ia) – Late

M. R. CONSTRUCTION,MUMBAI vs. ACIT CEN CIR 22, MUMBAI

In the result, in the case of M

Bench: Sri Mahavir Singh, Jm & Sri Rajesh Kumar, Am

3. Disallowance u/s 40(a)(ia) – non deduction of TDS Interest on Loan – Jawahar Purohit 11,50,309 11,50,309 Nil Section 194C – Transport 52,136 52,136 Nil Section 194J – Professional Charges 1,17,125 Nil 1,17,125 Interest on Loan –Asahi Infrastructure & 10,686 Nil 10,686 Projects Ltd. Disallowance under section 40(a)(ia) – Late

M.R. CONSTRUCTION,MUMBAI vs. ACIT CEN CIR 22,

In the result, in the case of M

Bench: Sri Mahavir Singh, Jm & Sri Rajesh Kumar, Am

3. Disallowance u/s 40(a)(ia) – non deduction of TDS Interest on Loan – Jawahar Purohit 11,50,309 11,50,309 Nil Section 194C – Transport 52,136 52,136 Nil Section 194J – Professional Charges 1,17,125 Nil 1,17,125 Interest on Loan –Asahi Infrastructure & 10,686 Nil 10,686 Projects Ltd. Disallowance under section 40(a)(ia) – Late

JAWAHAR B. PUROHIT,MUMBAI vs. ASST CIT CEN CIR 22XC, MUMBAI

In the result, in the case of M

Bench: Sri Mahavir Singh, Jm & Sri Rajesh Kumar, Am

3. Disallowance u/s 40(a)(ia) – non deduction of TDS Interest on Loan – Jawahar Purohit 11,50,309 11,50,309 Nil Section 194C – Transport 52,136 52,136 Nil Section 194J – Professional Charges 1,17,125 Nil 1,17,125 Interest on Loan –Asahi Infrastructure & 10,686 Nil 10,686 Projects Ltd. Disallowance under section 40(a)(ia) – Late

ACIT CEN CIR 22, MUMBAI vs. M.R. CONSTRUCTION, MUMBAI

In the result, in the case of M

Bench: Sri Mahavir Singh, Jm & Sri Rajesh Kumar, Am

3. Disallowance u/s 40(a)(ia) – non deduction of TDS Interest on Loan – Jawahar Purohit 11,50,309 11,50,309 Nil Section 194C – Transport 52,136 52,136 Nil Section 194J – Professional Charges 1,17,125 Nil 1,17,125 Interest on Loan –Asahi Infrastructure & 10,686 Nil 10,686 Projects Ltd. Disallowance under section 40(a)(ia) – Late

M.R. CONSTRUCTION,.,MUMBAI vs. ASST CIT CEN CIR 22, MUMBAI

In the result, in the case of M

Bench: Sri Mahavir Singh, Jm & Sri Rajesh Kumar, Am

3. Disallowance u/s 40(a)(ia) – non deduction of TDS Interest on Loan – Jawahar Purohit 11,50,309 11,50,309 Nil Section 194C – Transport 52,136 52,136 Nil Section 194J – Professional Charges 1,17,125 Nil 1,17,125 Interest on Loan –Asahi Infrastructure & 10,686 Nil 10,686 Projects Ltd. Disallowance under section 40(a)(ia) – Late

JAWAHAR B. PUROHIT,MUMBAI vs. ASST CIT CEN CIR 22XC, MUMBAI

In the result, in the case of M

Bench: Sri Mahavir Singh, Jm & Sri Rajesh Kumar, Am

3. Disallowance u/s 40(a)(ia) – non deduction of TDS Interest on Loan – Jawahar Purohit 11,50,309 11,50,309 Nil Section 194C – Transport 52,136 52,136 Nil Section 194J – Professional Charges 1,17,125 Nil 1,17,125 Interest on Loan –Asahi Infrastructure & 10,686 Nil 10,686 Projects Ltd. Disallowance under section 40(a)(ia) – Late

JAWAHAR B. PUROHIT,MUMBAI vs. ASST CIT CEN CIR 22XC, MUMBAI

In the result, in the case of M

Bench: Sri Mahavir Singh, Jm & Sri Rajesh Kumar, Am

3. Disallowance u/s 40(a)(ia) – non deduction of TDS Interest on Loan – Jawahar Purohit 11,50,309 11,50,309 Nil Section 194C – Transport 52,136 52,136 Nil Section 194J – Professional Charges 1,17,125 Nil 1,17,125 Interest on Loan –Asahi Infrastructure & 10,686 Nil 10,686 Projects Ltd. Disallowance under section 40(a)(ia) – Late

JAWAHAR B. PUROHIT,MUMBAI vs. ASST CIT CEN CIR 22XC, MUMBAI

In the result, in the case of M

Bench: Sri Mahavir Singh, Jm & Sri Rajesh Kumar, Am

3. Disallowance u/s 40(a)(ia) – non deduction of TDS Interest on Loan – Jawahar Purohit 11,50,309 11,50,309 Nil Section 194C – Transport 52,136 52,136 Nil Section 194J – Professional Charges 1,17,125 Nil 1,17,125 Interest on Loan –Asahi Infrastructure & 10,686 Nil 10,686 Projects Ltd. Disallowance under section 40(a)(ia) – Late

DCIT CEN CIR 22, MUMBAI vs. M.R. CONSTRUCTION, MUMBAI

In the result, in the case of M

Bench: Sri Mahavir Singh, Jm & Sri Rajesh Kumar, Am

3. Disallowance u/s 40(a)(ia) – non deduction of TDS Interest on Loan – Jawahar Purohit 11,50,309 11,50,309 Nil Section 194C – Transport 52,136 52,136 Nil Section 194J – Professional Charges 1,17,125 Nil 1,17,125 Interest on Loan –Asahi Infrastructure & 10,686 Nil 10,686 Projects Ltd. Disallowance under section 40(a)(ia) – Late

ASST CIT CC-22, MUMBAI vs. JAWAHAR PUROHIT, MUMBAI

In the result, in the case of M

Bench: Sri Mahavir Singh, Jm & Sri Rajesh Kumar, Am

3. Disallowance u/s 40(a)(ia) – non deduction of TDS Interest on Loan – Jawahar Purohit 11,50,309 11,50,309 Nil Section 194C – Transport 52,136 52,136 Nil Section 194J – Professional Charges 1,17,125 Nil 1,17,125 Interest on Loan –Asahi Infrastructure & 10,686 Nil 10,686 Projects Ltd. Disallowance under section 40(a)(ia) – Late

JAWAHAR B. PUROHIT,MUMBAI vs. ASST CIT CEN CIR 22XC, MUMBAI

In the result, in the case of M

Bench: Sri Mahavir Singh, Jm & Sri Rajesh Kumar, Am

3. Disallowance u/s 40(a)(ia) – non deduction of TDS Interest on Loan – Jawahar Purohit 11,50,309 11,50,309 Nil Section 194C – Transport 52,136 52,136 Nil Section 194J – Professional Charges 1,17,125 Nil 1,17,125 Interest on Loan –Asahi Infrastructure & 10,686 Nil 10,686 Projects Ltd. Disallowance under section 40(a)(ia) – Late

M.R. CONSTRUCTION,.,MUMBAI vs. ASST CIT CEN CIR 22, MUMBAI

In the result, in the case of M

Bench: Sri Mahavir Singh, Jm & Sri Rajesh Kumar, Am

3. Disallowance u/s 40(a)(ia) – non deduction of TDS Interest on Loan – Jawahar Purohit 11,50,309 11,50,309 Nil Section 194C – Transport 52,136 52,136 Nil Section 194J – Professional Charges 1,17,125 Nil 1,17,125 Interest on Loan –Asahi Infrastructure & 10,686 Nil 10,686 Projects Ltd. Disallowance under section 40(a)(ia) – Late

JAWAHAR B. PUROHIT,MUMBAI vs. ASST CIT CEN CIR 22XC, MUMBAI

In the result, in the case of M

Bench: Sri Mahavir Singh, Jm & Sri Rajesh Kumar, Am

3. Disallowance u/s 40(a)(ia) – non deduction of TDS Interest on Loan – Jawahar Purohit 11,50,309 11,50,309 Nil Section 194C – Transport 52,136 52,136 Nil Section 194J – Professional Charges 1,17,125 Nil 1,17,125 Interest on Loan –Asahi Infrastructure & 10,686 Nil 10,686 Projects Ltd. Disallowance under section 40(a)(ia) – Late

ASST CIT CC-22, MUMBAI vs. JAWAHAR PUROHIT, MUMBAI

In the result, in the case of M

Bench: Sri Mahavir Singh, Jm & Sri Rajesh Kumar, Am

3. Disallowance u/s 40(a)(ia) – non deduction of TDS Interest on Loan – Jawahar Purohit 11,50,309 11,50,309 Nil Section 194C – Transport 52,136 52,136 Nil Section 194J – Professional Charges 1,17,125 Nil 1,17,125 Interest on Loan –Asahi Infrastructure & 10,686 Nil 10,686 Projects Ltd. Disallowance under section 40(a)(ia) – Late

K D LITE DEVELOPERS PRIVATE LIMITED,MUMBAI vs. DY. COMMISSIONER OF INCOME TAX, TDS CIRCLE 1(3), MUMBAI

In the result, all the five appeals filed by the assessee are allowed

Bench: Shri Sandeep Gosain & Shri Prabhash Shankar

disallowance under section 40(a)(ia) would not arise - Held, yes [Para 10] [In favour of assessee] IN THE ITAT Section 194A, read with section 263, of MUMBAI BENCH the Income-tax Act, 1961 - Deduction of 'B' tax at source - Interest other than Neo Sports interest on securities (Reimbursement of Broadcast (P.) commission to holding company) - Ltd. Assessment years

K D LITE DEVELOPERS PRIVATE LIMITED,MUMBAI vs. DY. COMMISSIONER OF INCOME TAX, TDS CIRCLE 1(3), MUMBAI, MUMBAI

In the result, all the five appeals filed by the assessee are allowed

Bench: Shri Sandeep Gosain & Shri Prabhash Shankar

disallowance under section 40(a)(ia) would not arise - Held, yes [Para 10] [In favour of assessee] IN THE ITAT Section 194A, read with section 263, of MUMBAI BENCH the Income-tax Act, 1961 - Deduction of 'B' tax at source - Interest other than Neo Sports interest on securities (Reimbursement of Broadcast (P.) commission to holding company) - Ltd. Assessment years

K D LITE DEVELOPERS PRIVATE LIMITED,MUMBAI vs. DY. COMMISSIONER OF INCOME TAX, TDS CIRCLE 1(3), MUMBAI

Bench: Shri Sandeep Gosain & Shri Prabhash Shankar

disallowance under section 40(a)(ia) would not arise Held, yes [Para 10] [In favour of assessee] IN THE ITAT | Section 194A, read with section 263, of MUMBAI 'B' BENCH | the Income-tax Act, 1961 - Deduction of Neo Sports | tax at source - Interest other than Broadcast (P.) | interest on securities (Reimbursement of Ltd. commission to holding company) υ. Commissioner