This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
No disallowance under Section 40(a)(ia) if payee has already paid taxes: ITAT Jaipur
Case Law Details
- Case Name
- Raj Auto Wheels (P) Ltd Vs JCIT (ITAT Jaipur)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2011-12
- Courts
- All ITAT, ITAT Jaipur
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
Advertisement
Raj Auto Wheels (P) Ltd Vs JCIT (ITAT Jaipur)
Introduction: The recent case of Raj Auto Wheels (P) Ltd vs. ACIT before the Income Tax Appellate Tribunal (ITAT) in Jaipur brought to light three critical issues: Estimation of Sales, Deferred Sale, and Disallowance under Section 40(a)(ia) read with Section 194A. In a meticulous examination of these matters, the Tribunal provided nuanced rulings, shedding light on the complexities of income assessment.
1. Estimation of Sales and Deferred Sale:
The assessing officer, in line with the Commissioner of Income Tax (Appeals) [CIT(A)]�...
Author Info
