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Income Tax - Highlights / Catch Notes

Home Highlights July 2015 Year 2015 This

Revision u/s 263 by CIT(A) - The reasons for non deduction of ...


Tax Office Upholds Revision for Non-Deduction of TDS; Demerger Justification Rejected u/s 263.

July 18, 2015

Case Laws     Income Tax     AT

Revision u/s 263 by CIT(A) - The reasons for non deduction of TDS stated by the assessee that the company was going through the process of demerger does not impress us at all. The provision of deduction on TDS are mandatory and strict in nature and cannot be given a go-by as done by the assessee - revision upheld - AT

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