Register Daily Newsletters My Bookmarks My Queries (D. Forum) My Replies (D. Forum) My Articles My Inbox (PM) Feedback/ Suggestions
Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding

   For Sales / Support:
WhatsApp WhatsApp 9911796707
Case Laws Acts Notifications Circulars Classification Forms Manuals Articles News D. Forum Highlights Notes
Income Tax Bill, 2025     TaxTMI    TMI - e-Newsletter     TaxTMI    Improper GST Notice Service Through Portal Only...     TaxTMI    Power Finance Corporation's Ten Year Zero Coupon...     TaxTMI    Assessment Orders Invalidated Under Section 153A...     TaxTMI    Reassessment Under Section 147 Quashed: Reopening...     TaxTMI    Customs Commissionerate Announces Electronic Refund...     TaxTMI    Incomplete Job Work Challans Justify GST Penalty...     TaxTMI    Fruit Juice-Based Drinks Correctly Classified Under...     TaxTMI    Improper Service of GST Demand Notice on Portal...     TaxTMI    GST Authority's Order Quashed for Failing to...     TaxTMI    Extension of Customs Duty and Agriculture...     TaxTMI    Government Amends Customs Notifications Setting 5%...     TaxTMI    GST Proceedings Quashed: Section 73 Show Cause...     TaxTMI    Goods Must Be Released When Seizure Period Expires...     TaxTMI    Title: Royalty Payment Withholding Conditional;...     TaxTMI    Solar Power Generation to Grid Constitutes "Supply"...     TaxTMI    Latest Case-Laws     TaxTMI    Latest Notifications + Circulars     TaxTMI    GST Council Decisions     TaxTMI       Right Stop
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
Income Tax - Highlights / Catch Notes

Home Highlights June 2014 Year 2014 This

TDS u/s 194A on Interest - non deduction of TDS due to direct ...


Tribunal Overturns Penalty for Non-Deduction of TDS on Interest Adjustments by Kotak Mahindra u/s 194A.

June 21, 2014

Case Laws     Income Tax     AT

TDS u/s 194A on Interest - non deduction of TDS due to direct adjustment by the Kotak Mahindra Ltd. – interest and penalty set aside - AT

View Source

 

← Previous Next →

 

You may also like:

  1. The Income Tax Appellate Tribunal held that the assessee was not an "assessee in default" for non-deduction of tax deducted at source (TDS) u/s 194A on interest paid on...

  2. Penalty u/s 271C - non deduction of TDS on interest paid to sister concerns in terms of Section 194A - Levy of penalty confirmed - HC

  3. TDS u/s 194A - non-deduction of TDS on account of interest paid to the Jammu Development Authority [JDA] - the assessee was under no obligation to deduct TDS on interest...

  4. TP adjustment of interest - CIT(A) confirmed upward adjustment towards interest by adopting rupee loan rate instead of LIBOR linked rate in respect of foreign currency...

  5. Cooperative bank appealed against TDS obligations on interest payments to cooperative societies and a temple trust. ITAT held that under Sec 194A(3)(v), cooperative...

  6. Non-deduction of TDS - When the assessee has submitted necessary declaration in Form Nos.15G/15H for non-deduction of TDS and also for reversal of TDS deduction on...

  7. TDS u/s 194A - non deduction of tds on payment of hire charge - The payment of hire charges does not fall under the term interest as defined in section 2(28A) of the Act...

  8. Penalty u/s 271C - TDS u/s 194A - interest provision credited to the interest payable account - non deduction of TDS - when the penalty itself was initiated on an order,...

  9. The ITAT, an Appellate Tribunal, addressed the issue of TDS u/s 194A. The case involved delay interest charged by a broker, treated as finance cost, without TDS...

  10. TDS u/s 194A - TDS Laibility in respect of hypothetical interest income - Entitlement of interest accruing on the FDs to the petitioner would be dependant on the result...

  11. TDS liability - Factoring/discounting charges cannot be treated as interest for the purpose of 194A - HC

  12. Disallowance of interest paid to Head Office - Non deduction of TDS - assessee submitted that Assessing Officer held that interest income is taxable under DTAA at 10% in...

  13. The case involves TDS issues u/s 194A, 194H, and 194J concerning surplus interest retained by NBFCs. The assessee, a bank, purchased loans from NBFCs with a tripartite...

  14. Adjustment of excess service tax paid with subsequent service tax liability - case of Revenue is that Rule 6 (3) of Service Tax Rules, 1994 do not provide for such...

  15. Penalty for non deduction of tax at source - bona fide belief proved - penalty set aside - AT

 

Quick Updates:Latest Updates

What's New:
    Latest Case Laws
What's New:
    Latest Notifications
What's New:
    Latest Circulars
F: Can a Non-Operational Office in Haryana Surrender Its GST Registration...
F: Client Seeks GST Advice on E-Book Sales via Google Play Books; Payment...
F: Restaurant Company Can Claim Refunds for Unutilized ITC in Masala Trad...
F: Guidance Sought for GST Audit and Assessment Process to Supreme Court,...
F: Clarification on GST return filing for resold auction items under Sect...
F: Manufacturing Firm Challenges Denial of Cenvat Credit on Catering Serv...
F: User Receives Goods with Wrong Invoice and E-Way Bill; Experts Advise ...
H: DGFT Proposes Amendments to SCOMET Export Authorization Rules for "Sto...
H: Rights Issue Framework Streamlined: 23-Day Completion, 7-Day Subscript...
A: Offences Under GST Law: Section 133 Holds Officers Liable for Violatio...
A: GST Composition Scheme: Simplifies Compliance but Restricts ITC, Inter...
A: Demand Notices Void Without Valid Orders; Officers Must Issue Carefull...
A: Supreme Court: IBC Moratorium in Section 96 Doesn't Cover Regulatory P...
A: Empowering women in global trade boosts economic growth and gender equ...
A: Explaining Anti-Dumping, Safeguard, and Countervailing Duties: Protect...
A: Anti-dumping duties protect domestic industries from unfair foreign co...
A: Temporary Safeguard Duties Aim to Shield Local Industries from Import ...
A: India Imposes 20% Countervailing Duty on Chinese Saccharin Imports to ...
A: Guide to Financing Options for MSME Exporters: Navigate Export Credit,...
A: Global Trade Boom: Explore New Markets and Sustainable Trends in E-com...
A: Understanding India's Letter of Credit System: Key Frameworks and Regu...
A: Mastering Letters of Credit in International Trade: Key Practices for ...
A: Understanding Letters of Credit: Key Parties, Types, and Importance in...
H: GST Demand Quashed: Authorities Wrongly Combined Turnover of Two Firms...
H: Assessment Orders Nullified After Tax Officer Denied Requested Persona...
H: 60-Day Limitation Under GST Act Section 62(2) Is Directory, Not Mandat...
H: Improper GST Notice Service Through Portal Only Violates Natural Justi...
H: GST Appeal Rejection Overturned: Small Business Owner Gets Second Chan...
H: Assessment Orders Invalidated Under Section 153A Due to Mechanical App...
H: Reassessment Under Section 147 Quashed: Reopening Based on Change of O...