![No TDS Deduction on Transaction of Assigning Loans by NBFC: ITAT rules in Favour of SBI [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/ITAT-income-tax-rules-ITAT-rules-SBI-rules-Assigning-loans-by-NBFC-TAXSCAN.jpg "No TDS Deduction on Transaction of Assigning Loans by NBFC: ITAT rules in Favour of SBI [Read Order]")
No TDS Deduction on Transaction of Assigning Loans by NBFC: ITAT rules in Favour of SBI [Read Order]
In a ruling in favour of the State Bank of India ( SBI ), the Mumbai Bench of Income Tax Appellate Tribunal ( ITAT ) has held that no deduction of...
![Printing and Binding of Books Amounts to Manufacturing Activity, Deduction u/s 80IC of the Income Tax Act: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/Printing-and-Binding-of-Books-Amounts-Manufacturing-Activity-Deduction-Income-Tax-Act-Delhi-HC-gtaxscan.jpg "Printing and Binding of Books Amounts to Manufacturing Activity, Deduction u/s 80IC of the Income Tax Act: Delhi HC [Read Order]")
![TDS not Applicable on Discount Allowed to Retailers by Distributors on Sale of Prepaid Sim Cards/Mobile Recharge Card: ITAT deletes Disallowance u/s 40(a)(ia) of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/TDS-not-Applicable-on-Discount-Allowed-Sale-of-Prepaid-Sim-Cards-Mobile-Recharge-Card-ITAT-Deletes-Disallowance-Income-Tax-Act-Discount-Allowed-to-Retailers-Income-Tax-taxscan.jpg "TDS not Applicable on Discount Allowed to Retailers by Distributors on Sale of Prepaid Sim Cards/Mobile Recharge Card: ITAT deletes Disallowance u/s 40(a)(ia) of Income Tax Act [Read Order]")
![No TDS on Pre-paid Sim Card Sold on Discount charges u/s 40(a)(ia) if Relation between Assessee and Distributor is Principal to Principal: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/TDS-Pre-paid-Sim-Card-Discount-charges-Pre-paid-Sim-Card-Sold-on-Discount-charges-Relation-between-Assessee-and-Distributor-Assessee-Distributor-Principal-to-Principal-ITAT-taxscan.jpg "No TDS on Pre-paid Sim Card Sold on Discount charges u/s 40(a)(ia) if Relation between Assessee and Distributor is Principal to Principal: ITAT [Read Order]")
![Deduction shall not be Disallowed u/s 40(a)(ia) of Income Tax Act on ground of TDS not Deducted, if Recipient includes Income from Receipts of Assessee: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Income-Tax-Act-Tax-Deduction-at-Source-Income-from-receipts-Commissioner-of-Income-Tax-Assessment-Years-ITAT-TAXSCAN.jpg "Deduction shall not be Disallowed u/s 40(a)(ia) of Income Tax Act on ground of TDS not Deducted, if Recipient includes Income from Receipts of Assessee: ITAT [Read Order]")
No TDS u/s 194H of Income Tax Act for Expenditure claimed to have been Debited to Profit & Loss Account under head “Commission”: ITAT
The Pune Bench of the Income Tax Appellate Tribunal (ITAT), observed that no Tax Deduction at Source (TDS) deduction under Section 194H of the Income Tax Act, 1961 for expenditure claimed to have...
Sale of Prepaid Sim Cards / Recharge Vouchers to distributors cannot be treated as Commission to attract S.194H, No TDS: ITAT grants relief to Vi
As a relief to Vodafone Idea ltd, the Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that the Sale of prepaid sim cards/recharge vouchers to distributors cannot be treated as...
![No TDS on Commission paid to Partner by Firm: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/No-TDS-Commission-paid-to-Partner-by-Firm-ITAT-Taxscan.jpg "No TDS on Commission paid to Partner by Firm: ITAT [Read Order]")
Distributor Not Required to Deduct TDS on Payment of Turnover Discount to Dealers u/s 194H of Income Tax Act: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Kolkata bench has held that the discount paid to dealers by the distributor in the nature of turnover discount is not subject to TDS u/s 194H of Income Tax...
![Distributor Not Required to Deduct TDS on Payment of Turnover Discount to Dealers u/s 194H of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Distributor-TDS-on-Payment-TDS-Payment-Turnover-Discount-to-Dealers-Income-Tax-Act-ITAT-taxscan.jpg "Distributor Not Required to Deduct TDS on Payment of Turnover Discount to Dealers u/s 194H of Income Tax Act: ITAT [Read Order]")
![No TDS on Discount given to Distributors on Sale of Prepaid Sim Card u/s 194H: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/TDS-Distributors-Prepaid-Sim-Card-ITAT-taxscan.jpeg "No TDS on Discount given to Distributors on Sale of Prepaid Sim Card u/s 194H: ITAT [Read Order]")
Spice Jet not liable to deduct TDS on Tickets Booked through Debit/ Credit Cards: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi bench has held that the Airlines Company, Spice Jet is not liable to deduct TDS on the sale consideration of tickets booked through debit/ credit cards....
![Spice Jet not liable to deduct TDS on Tickets Booked through Debit/ Credit Cards: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/03/Spice-Jet-ITAT-Taxscan.jpg "Spice Jet not liable to deduct TDS on Tickets Booked through Debit/ Credit Cards: ITAT [Read Order]")