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Archive: 18 December 2020

Posts in 18 December 2020

Law on Delay Condonation does not differentiate between Government & private party: SC

December 18, 2020 3672 Views 1 comment Print

Deputy Conservator Of Forests Vs. Timblo Irmaos Ltd. & Ors. (Supreme Court) The law on Delay Condonation does not differentiate between Government & private party- Mst. Katiji & Ors., AIR 1987 SC 1353 out dated due to technological advancements. The Apex Court has been repeatedly reiterating that the Government cannot take the plea of differential […]

Stake money paid to horse owners not liable to TDS under section 194B or section 194BB

December 18, 2020 3222 Views 0 comment Print

Bangalore Turf Club Ltd. Vs ACIT (ITAT Banglore) Assessing Officer argued that the Finance Act, 2001 has inserted the words ‘card game or other game of any sort’ in Section 194B of the Act which will even cover the “stake money” which is otherwise not covered by Section 194BB of the Act. We find that […]

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