2020 (3) TMI 55 - SCH - Income Tax

Unexplained cash credit under Section 68 - Payment of supplemental lease rent - Disallowance under Section 195 read with Section 40 (a) (i) of the Act for non-deduction of tax at source from payment to non-residents for maintenance reserve (supplemental lease rent) - Training and manpower development - Payment for the computerised reservation system - non-deduction of TDS from payment to non-residents for computerized reservation system - Free tickets - Interest on borrowed capital - Foreign travel expenses - Consultancy charges - Staff welfare expenses - Advertisement and publicity expenses - Air travel tax - Limitation under Section 201 - HELD THAT - Leave granted.

Summary

The Supreme Court of India granted leave in the case with citation 2020 (3) TMI 55 - SC. Justices Rohinton Fali Nariman and Surya Kant presided over the case. Advocates U.A. Rana and Himanshu Mehta represented the petitioner, while Solicitor General Tushar Mehta and others represented the respondent.