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10 results for “TDS”+ Section 43Bclear

Sorted by relevance

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Key Topics

Section 143(3)16Section 36(1)(va)13Section 14812Section 2638Disallowance8Addition to Income7Section 43B4Section 404Section 2(22)(e)4Section 147

SACH ELECTRO MECH PVT. LTD.,,SURAT vs. THE INCOME TAX OFFICER, WARD-2(1)(2),, SURAT

In the result ground No. 4 of the appeal is allowed

ITA 262/AHD/2017[2013-14]Status: DisposedITAT Surat09 Oct 2020AY 2013-14

Bench: Shri Pawan Singh, Hon'Ble & Dr Arjun Lal Saini, Hon'Ble(Virtual Court - Virtual Hearing) आ.अ.सं./I.T.A No.262/Ahd/2017 "नधा"रण वष"/Assessment Year: 2013-14 Sach Electro Mech Pvt. Ltd., V The Income Tax Officer, C/2, Maheshwari Apartment, S Ward-2(1)(2), Surat. Timaliyawad, Nanpura, . Surat – 395 001. [Pan: Aaics 8963 M] अपीलाथ" / Appellant ""यथ"/Respondent "नधा"रतीक"ओरसे /Assessee By Shri Manish J.Shah – Ar राज"वक"ओरसे /Revenue By Mrs. Anupam Singla – Sr.Dr

Section 143(3)Section 14ASection 2(24)(x)Section 36(1)(v)Section 36(1)(va)Section 37Section 40Section 43B

TDS under section 37 and disallowance of Rs.61,883/- under section 14A of the Act. On appeal before ld. CIT(A), the action of the A.O. was upheld. 3. Being aggrieved, the assessee filed appeal before this Tribunal. 4. We have heard the submissions of learned authorized representative (Ld. AR) of the assessee and the learned departmental representative

4
Deduction3
TDS2

SHREE DURGA SYNTEX PRIVATE LIMITED,SURAT vs. ACIT, CIRCLE-4, SURAT

In the result, appeal of the assessee is allowed for statistical purpose

ITA 29/SRT/2020[2011-12]Status: DisposedITAT Surat30 Jun 2022AY 2011-12

Bench: Shri Pawan Singh & Dr. Arjun Lal Saini(Hearing In Physical Court) D.C.I.T. M/S Shree Durga Syntex Pvt. Ltd., Circle-2(1)(2), Block No. 129 & 175, Plot No. Z&E, R.S. Vs. Room No. 205, Aayakar No. 120, Tal: Jolva-394305, Dist- Surat. Bhavan, Majura Gate, Pan: Aabcd 8894 P Surat. Appellant Respondednt M/S Shree Durga Syntex Pvt. Ltd., A.C.I.T. Block No. 129 & 175, Plot No. Circle-4, Vs. Z&E, Jolva Rs No. 120 & 120/1, Surat. Surat-394305. Pan: Aabcd 8894 P Appellant Respondednt

Section 2(22)(e)Section 2(24)(x)Section 254(1)Section 36(1)(va)

TDS and service tax and payment through bank does not prove that actually any services were rendered by Paras Petrofils Ltd. and Sonic Biochem Extractions Ltd. The assessee tried to justify the payment of commission which is incorrect. The ITA No.29 & 57/SRT/2020( AY 2011-12) Shree Durga Syntex Pvt Ltd. commission parties have not rendered services, therefore, the expenses cannot

DCIT, CIRCLE-2(1)(2), SURAT vs. M/S. SHREE DURGA SYNTEX PVT. LTD, SURAT

In the result, appeal of the assessee is allowed for statistical purpose

ITA 57/SRT/2020[2011-12]Status: DisposedITAT Surat30 Jun 2022AY 2011-12

Bench: Shri Pawan Singh & Dr. Arjun Lal Saini(Hearing In Physical Court) D.C.I.T. M/S Shree Durga Syntex Pvt. Ltd., Circle-2(1)(2), Block No. 129 & 175, Plot No. Z&E, R.S. Vs. Room No. 205, Aayakar No. 120, Tal: Jolva-394305, Dist- Surat. Bhavan, Majura Gate, Pan: Aabcd 8894 P Surat. Appellant Respondednt M/S Shree Durga Syntex Pvt. Ltd., A.C.I.T. Block No. 129 & 175, Plot No. Circle-4, Vs. Z&E, Jolva Rs No. 120 & 120/1, Surat. Surat-394305. Pan: Aabcd 8894 P Appellant Respondednt

Section 2(22)(e)Section 2(24)(x)Section 254(1)Section 36(1)(va)

TDS and service tax and payment through bank does not prove that actually any services were rendered by Paras Petrofils Ltd. and Sonic Biochem Extractions Ltd. The assessee tried to justify the payment of commission which is incorrect. The ITA No.29 & 57/SRT/2020( AY 2011-12) Shree Durga Syntex Pvt Ltd. commission parties have not rendered services, therefore, the expenses cannot

HARMONY YARNS PVT. LTD.,SURAT vs. PR. COMMISSIONER OF INCOME TAX -1, SURAT

In the result, the appeal filed by the assessee is partly allowed in above terms

ITA 348/SRT/2023[2018-19]Status: DisposedITAT Surat23 Nov 2023AY 2018-19

Bench: Shri Pawan Singh, Jm & Dr. A. L. Saini, Am आयकर अपील सं./Ita No.348/Srt/2023 Assessment Year: (2018-19) (Physical Hearing) Harmony Yarns Private Vs. The Pcit-1, Limited, Surat Plot-65, 1St Floor Subhash Nagar Society, Ghod Dod Road, Nr. Ram Chowk, Surat – 395001. "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aaach5895F (Appellant) (Respondent) Appellant By Shri Rasesh Shah, Ca Respondent By Shri Airiju Jaikaran, Cit(Dr) Date Of Hearing 12/10/2023 23/11/2023 Date Of Pronouncement

Section 143(3)Section 263Section 36(1)(va)Section 68

TDS Purpo Provide . of Balance of Loan of Loan Balance & Rate Deducte se/util documentar N lender as on repaid repaid of Loan of d on izatio y evidence o , 01.04.201 during during as on interest interest n of to PAN, 7 the year the 31.03.20 paid paid the substantiate addre year 18 during loan the identity ss and the year

SHIVA INDUSTRIAL SECURITY AGENCY GUJARAT PVT. LTD.,,SURAT vs. THE ACIT, CIRCLE-4,, SURAT

In the result, ITA No.2527/Ahd/2017 is allowed, and ITA

ITA 2527/AHD/2015[2006-07]Status: DisposedITAT Surat13 Nov 2018AY 2006-07

Bench: Shri Rajpal Yadav & Shri Amarjit Singh

For Appellant: Shri Nirmal Somani, CAFor Respondent: Smt.Smitha V. Nair, Sr.DR
Section 139Section 143(3)Section 147Section 148Section 36Section 36(1)(v)Section 40

43B would be allowed. In some of the cases, even SLP has been dismissed by the Hon’ble Supreme Court. But Hon’ble jurisdictional High Court has considered similar issue , and differed with other High Courts in the case of CIT Vs. Gujarat State Road Transport Corpn. Ltd. (supra). We do not find any merit in these two grounds

SHIVA INDUSTRIAL SECURITY AGENCY GUJARAT PVT. LTD.,,SURAT vs. THE INCOME TAX OFFICER, WARD-4(2),, SURAT

In the result, ITA No.2527/Ahd/2017 is allowed, and ITA

ITA 2528/AHD/2015[2011-12]Status: DisposedITAT Surat13 Nov 2018AY 2011-12

Bench: Shri Rajpal Yadav & Shri Amarjit Singh

For Appellant: Shri Nirmal Somani, CAFor Respondent: Smt.Smitha V. Nair, Sr.DR
Section 139Section 143(3)Section 147Section 148Section 36Section 36(1)(v)Section 40

43B would be allowed. In some of the cases, even SLP has been dismissed by the Hon’ble Supreme Court. But Hon’ble jurisdictional High Court has considered similar issue , and differed with other High Courts in the case of CIT Vs. Gujarat State Road Transport Corpn. Ltd. (supra). We do not find any merit in these two grounds

D V PROPERTIES PVT. LTD.,SURAT vs. PR. COMMISSIONER OF INCOME TAX - 1, SURAT

In the result, appeal filed by the assessee is partly allowed to the extent indicated above

ITA 121/SRT/2023[2018-19]Status: DisposedITAT Surat29 Aug 2023AY 2018-19

Bench: Shri Pawan Singh, Jm & Dr. A. L. Saini, Am आयकर अपील सं./Ita No.121/Srt/2023 Assessment Year: (2018-19) (Physical Hearing) D. V. Properties Pvt. Ltd., Vs. The Pcit - 1, 748-749, Golden Plaza Market, Surat. Ring Road, Surat – 395002. "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aaacd8392B (Appellant) (Respondent) Ms Chaitali Shah, Ca Appellant By Shri Ashok B. Koli, Cit(Dr) Respondent By Date Of Hearing 19/07/2023 Date Of Pronouncement 29/08/2023

Section 143(3)Section 263Section 37(1)Section 43B

43B of the Act. 6. It was also noticed by ld PCIT from the Profit and Loss account that the assessee has claimed Rs.194/- as interest paid on late payment of TDS, which is not allowable as per the provision of section

SYAMA DYNAMIC ENGINEERING PVT. LTD.,,SURAT vs. ASSTT. COMMISSIONER OF INCOME TAX, CPC, BANGALORE, SURAT

In the result, both the appeals filed by assessees are allowed for statistical purposes

ITA 12/SRT/2022[2017-18]Status: DisposedITAT Surat30 Dec 2022AY 2017-18

Bench: Shri Pawan Singh, Jm & Dr. A. L. Saini, Am आयकर अपील सं./Ita Nos.12 & 13/Srt/2022 "नधा"रणवष"/Assessment Years: (2017-18 To 2018-19) (Virtual Court Hearing) Syama Dynamics Engineering P. Ltd., Vs. The Acit, Cpc, 405-408, Shivalik Western, Dr. Vikram Bengaluru. Sarabhai Marg, Adajan, Surat – 395009. (Appellant) (Respondent) "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aatcs2932H Assessee By Shri Ashwin Shah, Ca With Shri Bhadreshbhai Respondent By Shri Vinod Kumar, Sr.Dr Date Of Hearing 20/12/2022 Date Of Pronouncement 30/12/2022

Section 143(1)Section 36(1)(va)

Section 36(1)(va) r.w.s 43B. The balance amount to be allowed as per law, if there is no further disallowance thereon, such as TDS

SYAMA DYNAMIC ENGINEERING PVT. LTD.,,SURAT vs. ASSTT. COMMISSIONER OF INCOME TAX, CPC, BANGALORE, SURAT

In the result, both the appeals filed by assessees are allowed for statistical purposes

ITA 13/SRT/2022[2018-19]Status: DisposedITAT Surat30 Dec 2022AY 2018-19

Bench: Shri Pawan Singh, Jm & Dr. A. L. Saini, Am आयकर अपील सं./Ita Nos.12 & 13/Srt/2022 "नधा"रणवष"/Assessment Years: (2017-18 To 2018-19) (Virtual Court Hearing) Syama Dynamics Engineering P. Ltd., Vs. The Acit, Cpc, 405-408, Shivalik Western, Dr. Vikram Bengaluru. Sarabhai Marg, Adajan, Surat – 395009. (Appellant) (Respondent) "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aatcs2932H Assessee By Shri Ashwin Shah, Ca With Shri Bhadreshbhai Respondent By Shri Vinod Kumar, Sr.Dr Date Of Hearing 20/12/2022 Date Of Pronouncement 30/12/2022

Section 143(1)Section 36(1)(va)

Section 36(1)(va) r.w.s 43B. The balance amount to be allowed as per law, if there is no further disallowance thereon, such as TDS

THE DCIT, CIRCLE-1(1)(2),, SURAT vs. M/S. GROWTH AVENUES LTD.,, SURAT

In the result, the appeal of the department stands partly allowed for statistical purposes

ITA 1868/AHD/2016[2003-04]Status: DisposedITAT Surat31 Jul 2019AY 2003-04

Bench: Shri Sudhanshu Srivastava & Shri Vikram Singh Yadavassessment Year: 2003-04 Dy. Commissioner Of Income Tax, M/S Growth Avenues Ltd., Circle-1(1)(2), 409, Super Tex Tower, Surat. Opp. Kinnery Cinema, Vs Ring Road, Surat-395002 (Pan: Aaacg8681Q) Appellant Respondent Department By : Shri B.P.K. Panda, Sr. Dr Assessee By: Shri Rasesh Shah, Ca Date Of Hearing : 09.05.2019 Date Of Pronouncement : 31.07.2019

For Appellant: Shri Rasesh Shah, CAFor Respondent: Shri B.P.K. Panda, Sr. DR
Section 143(3)Section 144Section 250(4)Section 40Section 43BSection 68

43B - Rs.38,25,261/- b) SEBI turnover charges written back - Rs. 38,03,475/- c) Expenditure with respect to information - Rs.12,07,500/- and dissemination charges d) Expenditure on monitoring & - Rs.15,27,193/- Surveillance charges e) Claim regarding erosion in value - Rs. 7,34,415/- of shares f) Transaction charges - Rs. 44,38,411/- g) Equipment charges