This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
ITAT Deletes TDS Demand on LFC Payments as Bank Followed HC Orders
Case Law Details
- Case Name
- State Bank of India Vs ITO (ITAT Ahmedabad)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2016-17
- Courts
- All ITAT, ITAT Ahmedabad
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
State Bank of India Vs ITO (ITAT Ahmedabad)
The Income Tax Appellate Tribunal (ITAT), Ahmedabad, allowed both appeals filed by the assessee bank against the orders of the Commissioner of Income Tax (Appeals) for Assessment Year 2016-17. The dispute concerned whether the bank could be treated as an “assessee in default” under Section 201(1) of the Income-tax Act for failing to deduct tax at source under Section 192 on Leave Fare Concession (LFC) payments made to employees who undertook journeys involving a foreign leg.
The Assessing Officer had held that exemption under Section 10(5...
