Payments made to Social Kinnect would fall within provisions of Section 194C: ITAT [Read Order]

By Kalyani B. Nair - On August 5, 2022 12:22 pm

Income Tax Appellate Tribunal (ITAT), Mumbai held that payments made to Social Kinnect would fall within provisions of Section 194C. The assessee, M/s. Cowtown Software Design Pvt Ltd, is in the business of providing shared services to group companies which includes man power services and infrastructure services. Survey u/s.133A(2A) of the Act was conducted on…

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M/s. Cowtown Software Design Pvt. Ltd vs DCIT

Counsel for Appellant: Shri Niraj Sheth

Counsel for Respondent: Shri Aditya Rai

CITATION: 2022 TAXSCAN (ITAT) 1140

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