Annual Digest 2024: Supreme Court and High Court Cases on Taxation [Part 26]
This annual round-up analytically summarizes the key Direct and Indirect Tax Judgments of the Supreme Court and all High Courts of India reported at...
![ITAT Directs to Grant TDS Exemption after Verification of TDS Exemption Certificate issued u/s 195(3) of IT Act by Joint Director found Genuine [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/ITAT-ITAT-Hyderabad-Income-Tax-TDS-Exemption-TAXSCAN.jpg "ITAT Directs to Grant TDS Exemption after Verification of TDS Exemption Certificate issued u/s 195(3) of IT Act by Joint Director found Genuine [Read Order]")
![ITAT Remits matter to AO to Determine Actual status of Payment of Consideration towards Purchase of Flat by Co-owners [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/ITAT-Remits-matter-AO-to-Determine-Actual-status-Payment-of-Consideration-Purchase-of-Flat-by-Co-owners-TAXSCAN.jpg "ITAT Remits matter to AO to Determine Actual status of Payment of Consideration towards Purchase of Flat by Co-owners [Read Order]")
![TDS u/s 194C Not applicable on Purchase of Packing Materials for which VAT is Already Paid: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/TDS-Not-applicable-Purchase-Packing-Materials-VAT-Already-Paid-ITAT-TAXSCAN.jpg "TDS u/s 194C Not applicable on Purchase of Packing Materials for which VAT is Already Paid: ITAT [Read Order]")
![TDS u/s 194C(2) Not applicable when No Contractual or Sub-Contractual Relationship exists between JV and its Constituencies: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/TDS-applicable-when-No-Contractual-or-Sub-Contractual-Relationship-exists-between-JV-and-its-Constituencies-ITAT-TAXSCAN.jpg "TDS u/s 194C(2) Not applicable when No Contractual or Sub-Contractual Relationship exists between JV and its Constituencies: ITAT [Read Order]")
ITAT Upholds Disallowance made by AO on Payment of Interest Expenditure u/s. 201(1A) of Income Tax Act due to late payment of TDS [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) upheld the disallowance made by the assessing officer on payment of interest expenditure under section 201(1A) of the Income Tax Act,1961...
![ITAT Upholds Disallowance made by AO on Payment of Interest Expenditure u/s. 201(1A) of Income Tax Act due to late payment of TDS [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Disallowance-made-by-AO-Payment-of-Interest-Expenditure-Income-Tax-late-payment-of-TDS-TAXSCAN.jpg "ITAT Upholds Disallowance made by AO on Payment of Interest Expenditure u/s. 201(1A) of Income Tax Act due to late payment of TDS [Read Order]")
Assessee's Bonafide Belief on TDS Exemption for Foreign Travel LTC Protects from Default u/s. 201(1) and 201(1A) of the Income Tax Act, Rules ITAT
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) recently provided opportunity of re-adjudication on TDS exemption for foreign travel Leave Travel Concession (LTC) default under Sections...
![Reimbursement of Expenses on Cost to Cost basis related to FTS Not subject to TDS: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Reimbursement-Cost-basis-FTS-TDS-ITAT-TAXSCAN.jpg "Reimbursement of Expenses on Cost to Cost basis related to FTS Not subject to TDS: ITAT [Read Order]")
Interest paid on Delayed Payment of TDS is Not Business Expenditure: ITAT disallows Income Tax Deduction Claim [Read Order]
The Bangalore bench of the Income Tax Appellate Tribunal (ITAT) has held that income tax deduction cannot be available for the interest paid on the delayed payment of TDS under section 201(1A) of the...
![Interest paid on Delayed Payment of TDS is Not Business Expenditure: ITAT disallows Income Tax Deduction Claim [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Interest-paid-TDS-Business-Expenditure-ITAT-Income-Tax-Deduction-taxscan.jpeg "Interest paid on Delayed Payment of TDS is Not Business Expenditure: ITAT disallows Income Tax Deduction Claim [Read Order]")
Interest must be Calculated from the Date of Default by the Deductor to Actual Date of Remittance of Taxes by Deductees: ITAT [Read Order]
The Kolkata bench of the Income Tax Appellate Tribunal (ITAT) has held that the interest under Section 201(1A) of the Income Tax Act is only compensatory in nature and the Government should be...
![Interest must be Calculated from the Date of Default by the Deductor to Actual Date of Remittance of Taxes by Deductees: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/08/Interest-Taxscan.jpg "Interest must be Calculated from the Date of Default by the Deductor to Actual Date of Remittance of Taxes by Deductees: ITAT [Read Order]")
DMHO cannot be treated as Assessee-in-Default since DDOs are liable to Deduct TDS on Payment to Pharmacist, Ads etc: ITAT [Read Order]
Visakhapatnam bench of Income Tax Appellate Tribunal (ITAT) recently held that Drawing & Disbursing Officer (DDO) is liable to deduct Tax Deducted at Source (TDS) whereas District Medical &...
![DMHO cannot be treated as Assessee-in-Default since DDOs are liable to Deduct TDS on Payment to Pharmacist, Ads etc: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/12/DMO-Taxscan.jpg "DMHO cannot be treated as Assessee-in-Default since DDOs are liable to Deduct TDS on Payment to Pharmacist, Ads etc: ITAT [Read Order]")
![No Interim Relief to Google: Karnataka HC Asks to Remit Rs. 26 Crores as Deposit [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/11/Google-India-Taxscan.jpg "No Interim Relief to Google: Karnataka HC Asks to Remit Rs. 26 Crores as Deposit [Read Order]")