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TDS Liability on Ineligible LTC Claims Upheld; Appeal Dismissed: SC

Case Law Details

Case Name
State Bank of India Vs ACIT (Supreme Court of India)
Date of Judgement/Order
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State Bank of India Vs ACIT (Supreme Court of India) The Supreme Court granted leave and dismissed the appeal filed by the State Bank of India against the order dated 09.07.2019 passed by the Income Tax Appellate Tribunal, Delhi Bench ‘G’, in ITA No. 5437/Del/2016 for Assessment Year 2013-14. All pending applications were also disposed of. Read HC Judgment in this case: Employer Liable for TDS on Ineligible LTC Claims: Delhi HC Before the Tribunal, the appellant had contended that it was not liable to deduct tax at source on payments made to its employees towards Leave Travel Conc...
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