This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
When a payment is compensatory in nature and not related to any deposit/debt/loan, then such a payment is out of ambits of provisions of section 194A
Case Law Details
- Case Name
- ITO Vs Parag Mahasukhlal Shah (ITAT Ahmedabad)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2005-06
- Courts
- All ITAT, ITAT Ahmedabad
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
IN THE ITAT AHMEDABAD BENCH ‘A’
ITO v. Parag Mahasukhlal Shah
IT APPEAL NO. 2075 (AHD.) OF 2008
CO NO. 120/AHD./2008
[ASSESSMENT YEAR 2005-06]
JUNE 30, 2011
ORDER
Mukul Kr. Shrawat, Judicial Member –
The revenue is in appeal and the respondentassessee has filed a cross-objection, both have emanated from the order of Learned CIT (Appeals)-VII, Ahmedabad, dated 26-3 -2008 passed for assessment year 2005-06.
(A) Revenue’s appeal; ITA No. 2075/A hd./2008 – Assessment year 2005-06
2. The only ground of the revenue is as follows :—
“1. The CIT(A) erred in deleting th...
