Latest Expert Exchange Queries

GST Demo Service software link:
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
Popular Search: due date for vat payment :: VAT Audit :: TDS :: cpt :: ACCOUNTING STANDARDS :: list of goods taxed at 4% :: ACCOUNTING STANDARD :: VAT RATES :: TAX RATES - GOODS TAXABLE @ 4% :: empanelment :: articles on VAT and GST in India :: form 3cd :: Central Excise rule to resale the machines to a new company :: ARTICLES ON INPUT TAX CREDIT IN VAT :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes
From the Courts »
 Pr. Commissioner Of Income Tax Vs. B. C. Management Services Pvt. Ltd.
 Commissioner Of Income Tax Vs. M/s International Tractor Ltd.
 Maharaj Garage & Company vs. CIT (Bombay High Court)
 Amira Pure Foods Pvt. Ltd vs. Pr CIT (ITAT Delhi)
 Hindustan Coca Cola Beverages Pvt. Ltd vs. CIT (Rajasthan High Court)
 Pr CIT vs. Baisetty Revathi (Andhra Pradesh High Court)
  Pr CIT vs. Paradise Inland Shipping Pvt. Ltd (Bombay High Court)
 Ambience Hospitality Pvt. Ltd vs. DCIT (Delhi High Court)
 DCIT vs. Studio Aethletic Health & Hospitality Pvt. Ltd (ITAT Mumbai)
 Nilesh Janardan Thakur vs. ITO (ITAT Mumbai)
 Pr CIT vs. Paradise Inland Shipping Pvt. Ltd (Bombay High Court)

DCIT, Circle 22(1), New Delhi Vs. Shri Sidharth Sahni, F-89/5, Okhla Indl. Area, Phase I, New Delhi.
November, 11th 2014
                (DELHI BENCH `G ', NEW DELHI)

                       I.T.A. No. 5422/Del/2010
                       Assessment year : 2005-06
DCIT, Circle 22(1),                 Vs.        Shri Sidharth Sahni,
New Delhi                                      F-89/5, Okhla Indl. Area,
                                               Phase ­ I, New Delhi.
         (Appellant)                      (Respondent)

                   Appellant by :      Shri BRR Kumar, Sr. DR
                   Respondent by :     Shri Kapil Goel, Adv.



      This is an appeal filed by the Revenue against the order of Ld. CIT(A)
dated 21.09.2010. The revenue is aggrieved with the action of Ld. CIT(A)
by which he had deleted the addition of Rs.9,13,562/- made by the A.O. u/s
40(a)(ia) for non deduction of TDS.
2.    At the outset, the Ld. D.R. submitted that Ld. CIT(A) has wrongly
allowed the relief and he heavily relied upon the order of the A.O.
3.    On the other hand, Ld. A.R. heavily relied upon the order of Ld.
CIT(A) and submitted that Ld. CIT(A) after having noted that provisions for
tax deduction at source were not applicable to the individual in the year
under consideration, has rightly deleted the addition.
4.    We have hard rival parties and have gone through the material placed
on record. We find that the assessee in this appeal is an individual. During
                                        2               ITA No.5422/Del/2010

ht year under consideration, he made certain contractual payments. The
A.O. disallowed the payments holding that the assessee had not deducted tax
at source. Ld. CIT(A) on the other hand has given relief holding that
provisions of Section 40(a)(ia) were not applicable to individual in the year
under consideration. Ld. CIT(A) has deleted the addition by holding as
         "{6} During the course of appellate proceedings the Authorized
         Representative of the appellant submitted that the provisions of
         section 194C governing the deduction of tax at source are not
         applicable to individual assesses for Assessment Year 2005-06 and
         the amendment to section 194C has been brought about w.e.f.
         01.06.2007. I have gone through the provisions of section 194C and it
         is apparent that the claim of the assessee in this regard is absolutely
         correct. The onus to deduct tax at source has been put on the
         individuals only from Assessment Year 2008-09 in respect of any
         payment to contractors. Therefore, the Assessing Officer has
         erroneously applied the provisions of section 194C in the case of the
         assessee for ay 2004-05 and a such addition made u/s 40(a) to the
         tune of Rs.9,13,652/- is deleted."

5.       From the perusal of the above, we find that Ld. CIT(A) has passed a
reasoned and speaking order and has rightly deleted the addition, which
requires no interference.
6.       In view of the above, appeal filed by the Revenue is dismissed.
7.       Order pronounced in the open court on 31st Oct., 2014.

         Sd./-                                                     Sd./-
 ( I. C. SUDHIR)                                     (T.S. KAPOOR)
JUDICIAL MEMBER                                 ACCOUNTANT MEMBER
Date: 31st Oct., 2014
                                 3            ITA No.5422/Del/2010

Copy forwarded to:-
   1. The appellant
   2. The respondent
   3. The CIT
   4. The CIT (A)-, New Delhi.
   5. The DR, ITAT, Loknayak Bhawan, Khan Market, New Delhi.
True copy.
                                                    By Order

                                                 (ITAT, New Delhi).

S.No.             Details            Date     Initials Designation
  1   Draft dictated on              29.10.14           Sr. PS/PS
  2   Draft placed before author     29.10.14           Sr. PS/PS
      Draft proposed & placed
  3                                                      JM/AM
      before the Second Member
      Draft discussed/approved
  4                                                      AM/AM
      by Second Member
      Approved Draft comes to the
  5                                                     Sr. PS/PS
      Sr. PS/PS
  6   Kept for pronouncement                            Sr. PS/PS
  7   File sent to Bench Clerk    31/10/2014            Sr. PS/PS
      Date on which the file goes
      to Head Clerk
      Date on which file goes to
 10   Date of Dispatch of order
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Our Experience

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions