Case Law Details
Case Name : Sony India Pvt Ltd Vs DCIT (ITAT Delhi)
Related Assessment Year : 2017-18
Courts :
All ITAT ITAT Delhi
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Sony India Pvt Ltd Vs DCIT (ITAT Delhi)
Delhi ITAT Rules in Favor of Sony India Pvt Ltd in Interest Charge Dispute for AY 2017-18
The Income Tax Appellate Tribunal (ITAT), Delhi, has delivered a favorable order for Sony India Pvt Ltd against the Department of Income Tax concerning the assessment year 2017-18. The primary dispute revolved around the chargeability of interest under section 220(2) of the Income-tax Act, 1961, related to an outstanding Fringe Benefit Tax (FBT) demand from the assessment year 2009-10.
Sony India filed its return for the AY 2017-18, declaring an income of over Rs. 1...
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