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No TDS u/s. 194H on commission or brokerage payable by BSNL or MTNL to their PCO franchisees
Case Law Details
- Case Name
- M/s Bharat Sanchar Nigam Limited Vs Income Tax Officer (TDS) (ITAT Delhi)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2003-04 to 2008-09
- Courts
- ITAT Delhi
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Finance Act, 2007 has incorporated third proviso to section 194H stating, ‘no deduction shall be made under this section of any commission or brokerage payable by BSNL or MTNL to their PCO franchisees. The same is relevant for the A.Y. 2008-09. The issue is whether similar exemption is applicable for the assessment year prior to the assessment year 2008-09. This issue was adjudicated in favour of the assessee by co-ordinate Bench of this Tribunal in assessee’s own case in ITA No.71 to 77/PN/2009.
It has taken support from the order of the Tribunal in the case of ITO Vs. Ac...
