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In the result, the appeals filed by the assessee are allowed
Bench: Shri V. Durga Rao & Shri D.S. Sunder Singh
Section 234E is a charging provision creating a charge for computation of late fee. The Ld. A.R. submitted that the coordinate bench of this Tribunal considered the decision of Hon’ble Karnataka High court and decided the issue in favour of the assessee in Challapalli Exports Limited and others Vs. ITO (TDS) Ward-1, Guntur in ITA Nos.179 to 182/Vizag/2016