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2 results for “TDS”+ Section 226(3)clear

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Key Topics

Section 407Section 69A3Section 683TDS2Addition to Income2

RAVINDRA KHANDELWAL,AKOLA vs. ASSISTANT COMMISSIONER OF INCOME TAX - CIRCLE AKOLA , AKOLA

In the result, appeal filed by the assessee is allowed for statistical purposes

ITA 403/NAG/2023[2017-18]Status: DisposedITAT Nagpur25 Oct 2024AY 2017-18

Bench: Shri V. Durga Rao & Shri K.M. Roy, Accountant, Member

For Appellant: Shri Mahavir AtalFor Respondent: Shri Sandipkumar Salunke
Section 36Section 68Section 69A

section 36)\(1)(iii) of the Act. 10. The Assessing Officer disallowed a part of the interest considering it as interest on capital not borrowed for the purpose of business on proportionate basis. The assessee had debited ` 34,15,880, on account of interest on unsecured loans of ` 1,81,14,226. The Assessing Officer considered 24.39 per 4 Ravindra

INCOME TAX OFFICER, WARD-3, AKOLA vs. M/S RAMDEVBABA CHARITABLE SOCIETY, AKOLA

In the result, both the appeals filed by the Revenue are dismissed

ITA 394/NAG/2017[2011-12]Status: DisposedITAT Nagpur09 Jun 2022AY 2011-12

Bench: Shri Vikram Singh Yadav & Shri Yogesh Kumar U.S

For Appellant: Shri K.P Dewani, AdvocateFor Respondent: Shri Rajeev Benjwal, CIT
Section 201(1)Section 40

TDS been paid in AY 2012-13, while assessing appellant's income at Rs.6,79,36,450/- needs to be withdrawn by the AO while giving effect to this appeal order.” :• 2. During the course of hearing, the ld. DR is heard, who has relied on the findings of the Assessing Officer and submitted that the ld.CIT(A) has erred