2024 (4) TMI 1168 - SCH - Income Tax

Review petition - TDS u/s 195 - Royalty or FTS or business profits - payment made to NTOs is towards interconnectivity charges - Assessee is an ILD license holder and responsible for providing connectivity to calls originating/terminating outside India. HELD THAT - There is an inordinate delay of 515 days in filing the present review petitions, which has not been satisfactorily explained. Even otherwise, having gone through the review petitions and the connected papers, we do not find any justifiable reason to entertain the review petitions. The review petitions are, accordingly, dismissed on the ground of delay as well as on merits. Pending application(s), if any, shall stand disposed of.

Summary

The Supreme Court of India rejected IA No. 174660/2023 due to a delay of 515 days in filing review petitions, which were dismissed for lack of justifiable reason. Pending applications will be disposed of.