2016-TII-INSTANT-ALL-337
29 June 2016   

CASE LAW

2016-TII-154-ITAT-CHD-INTL

TARSEM SINGH SAINI Vs DDIT: CHANDIGARH ITAT (Dated: June 21, 2016)

Income Tax - Sections 195, 201, 201(1A), 234A, 234B, 234C & 271C.

Keywords: TDS - levy of interest - payment of consideration - date of actual payment - assessee in default - mandatory payment.

Whether even if the return of income has been filed by the payee/deductee and taxes/interest u/s 234A, B and C have been paid by such deductee, it can be said that the Revenue department has been compensated, the assessee is not liable to pay interest u/s 201(1A) - NO: ITAT

Assessee's appeal dismissed

 

TII BRIEF

CbC Reporting - OECD releases Guidance for MNEs

TII Circular/Notification

Circular/Notification No : 54

CBDT allows foreign tax credit paid either through TDS or otherwise

 

Thanking you for your support and cooperation.

Regards,
Customercare Executive,
Taxindiainternational.com Pvt. Ltd.

TIOL HOUSE, 490, Udyog Vihar, Phase - V
Gurgaon, Haryana - 122001, INDIA
Board : +91 124-2879600 Fax: +91 124-2879610
Web: http: //www.taxindiainternational.com
Email: tiiinstant@taxindiainternational.com
____________________________
CONFIDENTIALITY/PROPRIETARY NOTE.
The Document accompanying this electronic transmission contains information from Taxindiainternational.com ,which is confidential, proprietary or copyrighted and is intended solely for the use of the individual or entity named on this transmission. If you are not the intended recipient, you are notified that disclosing, copying, distributing or taking any action in reliance on the contents of this information is strictly prohibited. This prohibition includes, without limitation, displaying this transmission or any portion thereof, on any public bulletin board. If you are not the intended recipient of this document, please return this document to Taxindiainternational.com immediately.