2016 (5) TMI 206 - SCH - Income Tax

TDS u/s 194A - as confirmed by HC 2009 (10) TMI 921 - KARNATAKA HIGH COURT interest payable for belated payment of compensation for the land acquired is exigible to tax and the Land acquisition Officer was justified in deducting the tax under section 194-A for the said payment also - Held that - In the impugned order, no reasons have been given by the High Court. Hence, matters need to be sent back. This is prima facie opinion In view of the said position reflected in the aforesaid order, learned counsel for the respondent was confronted therewith. He submitted that he has no objection if the matters are remitted to the High Court for fresh consideration.

Summary

The Supreme Court remitted the cases back to the High Court for fresh consideration as no reasons were given in the impugned order. The High Court's orders were set aside, and the cases are to be decided afresh with detailed reasons after hearing both parties' counsel. The appeals were disposed of accordingly.