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TMI Blog2018 (11) TMI 1174X X X X Extracts X X X X X X X X Extracts X X X X ..... 60A of the Income Tax Act, 1961('Act' for short) in the case of JBM Auto Limited relates to the Assessment Year 2011-12 and arises from the order of the Income Tax Appellate Tribunal dated 26th April, 2018 in ITA Nos. 5769/Del/2014 and 6618/Del/2014. The first issue raised by the Revenue pertains to disallowance under Section 14A of the Act. It is accepted and admitted that the assessee had not e ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ository Limited. The Assessing Officer had disallowed the said expenditure invoking Section 40(a)(ia) on the ground that the assessee had failed to deduct TDS under Section194J of the Act. This issue whether TDS was required to be deducted is covered against the Revenue vide decision of the Supreme Court in Commissioner of Income Tax Vs. Kotak Securities Limited (2016) 383 ITR 1 (SC). Supreme Cou ..... X X X X Extracts X X X X X X X X Extracts X X X X
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