Section 194Q Disallowance Deleted as Transmission Charges Outside Purchase of Goods: ITAT Delhi

Advertisement ACIT Vs Pashchimanchal Vidyut Vitran Nigam Limited (ITAT Delhi) The Revenue appealed against the order of the CIT(A) deleting the disallowance relating to electricity transmission/wheeling charges for the assessment year 2022-23. The Assessing Officer had invoked Section 194Q of the Income-tax Act, 1961 on the ground that tax had not been deducted at source on such charges. The assessee submitted that the issue was already covered by Tribunal decisions in its own cases for assessment years 2012-13, 2014-15 and 2015-16. The Tribunal noted its earlier order dated 2nd November, 2...