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Case Law Details

Case Name : ITO Vs Terapanth Foods Limited (ITAT Rajkot)
Appeal Number : ITA No. 330/RJT/2008
Date of Judgement/Order : 04/02/2022
Related Assessment Year : 2005-06
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ITO Vs Terapanth Foods Limited (ITAT Rajkot)

It is pertinent to note that the CIT(A) has categorically mentioned that Section 195 of the Act would apply only if payment is made which is chargeable under Income Tax Act 1961. The Assessing Officer has not given any reason as to why

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