ITAT Orders Fresh Hearing in Facebook Advertisement Payment TDS Case

MJVS Fashions Private Limited Vs ITO (ITAT Mumbai) The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) allowed the assessee’s appeal for statistical purposes and restored the matter to the Commissioner of Income Tax (Appeals) [CIT(A)] for fresh adjudication on merits in relation to the assessment year 2021-22. The assessee had challenged the order passed by the CIT(A) under section 250 of the Income Tax Act, 1961. The dispute related to payments made to Facebook Netherlands Ltd. without deduction of tax at source (TDS). The assessee contended that Facebook did not have a Permanent E...