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ITAT Deletes TDS Disallowance as Corresponding Income Was Settled Under VSVS
Case Law Details
- Case Name
- IQVARDS (India) Private Limited Vs DCIT (ITAT Bangalore)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2013-14
- Courts
- All ITAT, ITAT Bangalore
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IQVARDS (India) Private Limited Vs DCIT (ITAT Bangalore)
The appeal before the ITAT Bangalore arose from an assessment order passed under Sections 143(3), 144C and 92CA of the Income Tax Act for Assessment Year 2013-14. The Assessing Officer determined the assessee’s total income at ₹8.59 crore as against the returned income of ₹1.26 crore after making transfer pricing adjustment of ₹6.61 crore, disallowance under Section 36(1)(va) of ₹34.13 lakh, and disallowance under Section 40(a)(i) of ₹37.74 lakh.
During the hearing, the assessee sought withdrawal of transfer ...





