2020 (1) TMI 1121 - SCH - Income Tax

Liability to deduct TDS on discount/commission made u/s 194H - sale of SIM Cards - Trade discount for bulk sales within the scope or not - assessee M/s Bharti Airtel Limited is a Public Limited Company engaged in the business of telecom operations - Relationship of assessee or distributor or not - Scope of term income u/s 2(24) Survey conducted for verification of compliance of TDS provisions - HELD THAT - Appellant(s), on instructions issued by the Department of Revenue, Ministry of Finance vide F.No.390/Misc./116/2017-JC dated 22.08.2019, seeks permission to withdraw these appeal(s) along with pending application(s) therein due to low tax effect. Permission granted, subject to just exceptions. The appeal(s) and pending application(s) are dismissed as withdrawn, leaving question(s) of law open.

Summary

The Supreme Court allowed the appellant to withdraw the appeal due to low tax effect, with the appeal and pending applications dismissed as withdrawn, leaving questions of law open. (2020 (1) TMI 1121 - SC Order)