Belated Deposit of TDS: Andhra Pradesh HC quashes Prosecution Proceedings as Assessee Paid Tax along with Late Payment Interest [Read Order]
In a recent case, the Andhra Pradesh High Court has quashed the prosecution proceedings launched against the assessee for belatedly depositing tax...
![No Service Tax Leviable on TDS Amount which does not form part of Consideration of Paid Service under ‘IPR service’ and ‘Management Consultancy service’: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/No-Service-Tax-TDS-Amount-Consideration-of-Paid-Service-IPR-service-Management-Consultancy-service-CESTAT-taxscan.jpg "No Service Tax Leviable on TDS Amount which does not form part of Consideration of Paid Service under ‘IPR service’ and ‘Management Consultancy service’: CESTAT [Read Order]")
![Interest paid on delayed payment of TDS not penal in nature: ITAT Allows Deduction u/s 37 [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Interest-payment-TDS-nature-ITAT-Deduction-TAXSCAN.png "Interest paid on delayed payment of TDS not penal in nature: ITAT Allows Deduction u/s 37 [Read Order]")
![Interest paid on Delayed TDS Payment is Compensatory in Nature: ITAT allows deduction u/s 37(1) [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Interest-paid-TDS-Payment-ITAT-TAXSCAN.jpg "Interest paid on Delayed TDS Payment is Compensatory in Nature: ITAT allows deduction u/s 37(1) [Read Order]")
![Mere belated TDS Remittance wont attract Penalty u/s 271C of Income Tax Act: SCÂ [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2023/04/TDS-Penalty-u-s-271C-Income-Tax-Act-SC-TAXSCAN.jpg "Mere belated TDS Remittance wont attract Penalty u/s 271C of Income Tax Act: SCÂ [Read Judgement]")
Charges received for Carrying out of Re-fabrication of Bushings Not Taxable under Indo-Singapore Treaty: ITAT Allows TDS Credit to Owens Corning
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) has allowed the Tax Deducted at Source (TDS) credit to Owens Corning holding that the charges received for carrying out re-fabrication of...
No TDS Liability since Commission to Foreign Agent is not subject to Income Tax in India: ITAT [Read Order]
In the case of M/s Bengal Tea & Fabrics Ltd vs DCIT, Kolkata bench of Income Tax Appellate Tribunal (ITAT) recently ruled that there is no Tax Deducted at Source ( TDS ) liability in the hands of...
![No TDS Liability since Commission to Foreign Agent is not subject to Income Tax in India: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/09/TDS-Taxscan.jpg "No TDS Liability since Commission to Foreign Agent is not subject to Income Tax in India: ITAT [Read Order]")
Late Fee cannot be levied during processing of the TDS Statement prior to Amendment in s. 200A: ITAT [Read Order]
Delhi bench of Income Tax Appellate Tribunal (ITAT) recently held that late fee cannot be levied during processing of the Tax Deducted at Source (TDS) statement prior amendment in section 200A of the...
![Late Fee cannot be levied during processing of the TDS Statement prior to Amendment in s. 200A: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/07/TDS-Statement.jpg "Late Fee cannot be levied during processing of the TDS Statement prior to Amendment in s. 200A: 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]")
TDS Credit can be granted only in the year in which the Income/Receipt on which such Tax Deducted at Source is Assessable to Tax: ITAT [Read Order]
Kolkata bench of Income Tax Appellate Tribunal (ITAT) recently held that credit of Tax Deducted at Source (TDS) can be allowed only in the year in which the income or receipt on which TDS is...