Addition of rental income as undisclosed income merely because of wrong deduction of TDS unjustified
Case Law Details
Case Name : Rajesh Kumar Gupta Vs ITO (ITAT Delhi)
Related Assessment Year : 2014-2015
Courts :
All ITAT ITAT Delhi
Become a Premium member to Download.
If you are already a Premium member, Login here to access.
Sponsored
Rajesh Kumar Gupta Vs ITO (ITAT Delhi)
ITAT Delhi held that addition of rental income as undisclosed merely because tenant as wrongly deducted TDS u/s. 194J is unsustainable as landlord cannot be blamed for wrong deduction of TDS.
Facts- Assessee contested addition of Rs. 3,15,000/- treating rent received from M/s VM Rubber Industries as undisclosed income as TDS was deducted u/s 194J instead of 194I of the Income Tax Act.
Notably, asses
Please become a Premium member. If you are already a Premium member, login here to access the full content.
Sponsored
Kindly Refer to
Privacy Policy &
Complete Terms of Use and Disclaimer.