This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
TDS non-deduction notification has an automatic effect and deductor is not under an obligation to specifically apply for claiming it
Case Law Details
- Case Name
- Commissioner of Income Tax (TDS) Vs State Bank of Patiala, IT (Himachal Pradesh High Courts)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All High Courts, Himachal Pradesh HC
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
Brief of the case:
The Hon’ble Himachal Pradesh High Court in the case of CIT vs. State Bank of Patiala held that the exemption notification issued by Central Govt. allowing non-deduction of TDS in case of certain deductees has an automatic effect as soon as the same is issued and there is no such requirement in the act to obliging deductor to specifically apply for availing the benefit under that notification.
Facts of the case:
The assessee banking company paid interest to M/s Biotech Biobusiness and HP SITEG, wholly financed and controlled establishment of the Government on deposits ...
Author Info
