S. 40(b) : Amounts not deductible-Partnership-Remuneration payable to partners. Partnership Deed not specify manner of computation. Disallowance accepted. [S. 40(b)(v)]
Quality Traders v. ITO (2021) 87 ITR 26 (SN) (Delhi)(Trib.)
Digest of case laws
Online digest of latest case laws
This Digest of case laws is prepared by KSA Legal and AIFTP from judgements reported in BCAJ, CTR, DTR, ITD, ITR, ITR (Trib), Chamber's Journal, SOT, Taxman, TTJ, BCAJ, ACAJ, www.itatonline.org and other journals
Click here to download the pdf versions of the Digest of case laws S. 40(a)(ia) : Amounts not deductible-Deduction at source-Long term capital gains on sale of immoveable property-Commission paid without deduction of tax at source-No disallowance can be made while computing the income under the head capital gain. [S. 45, 194H]
R. K. Associates. v. ITO (2021) 187 ITD 827 (Bang.)(Trib.)S. 40(a)(ia) : Amounts not deductible-Deduction at source-Commission to non-resident entities-Services rendered outside India-Not liable to deduct tax at source-Article 7 of the OECD Model Convention. [S.195]
Modern Threads India Ltd. v. ACIT (2021) 187 ITD 815 / 211 TTJ 1 (UO) (Jaipur)(Trib.)S. 40(a)(ia) : Amounts not deductible-Deduction at source-Interest expenditure-Recipients have shown income in their respective returns-No disallowance could be made-Second proviso to section 40(a)(ia) is declaratory and curative and it has retrospective effect from 1-4-2005. [S. 194A]
ARSS Infrastructure Project Ltd. v. DCIT (2021) 187 ITD 727 (Cuttack)(Trib.)S. 40(a)(ia) : Amounts not deductible-Deduction at source-Presumptive taxation scheme-Interest-No disallowance can be made for failure to deduct tax at source. [S. 44AB, 44AD, 194A]
Bipinchandra Hiralal Thakkar v. ITO (2021) 187 ITD 477 / 211 TTJ 496 / 201 DTR 227 (Surat)(Trib.)S. 40(a)(ia) : Amounts not deductible-Deduction at source-commission expenses in respect of commission paid to overseas agents-Services are not rendered by foreign agent in India-Not liable to deduct tax at source. [S. 9(1)(vii), 195]
ACIT v. Kapoor Industries Ltd. (2021) 187 ITD 603 (Delhi)(Trib.)S. 40(a)(ia) : Amounts not deductible-Deduction at source-Leased line charges-Not liable to deduct tax at source-Before insertion of amendment covering leased charges within definition of royalty by Finance Act, 2012 though with retrospective effect from 1-6-1976. [S. 9(1)(vi), 194J]
DCIT v. Barclays Technology Centre India (P.) Ltd. (2021) 187 ITD 632 / 198 DTR 241 / 210 TTJ 128 (Pune)(Trib.)S. 40(a)(ia) : Amounts not deductible-Deduction at source-Commission-Brokerage-No disallowance on non-deduction of TDS on commission paid by assessee for immovable property.
R. K. Associates v. ITO (2021) 187 ITD 827 (Bang.)(Trib.)S. 40(a)(ia) : Amounts not deductible-Deduction at source-Monitoring fees paid to German bank is interest-Not liable to tax under Act-No disallowance warranted for failure to deduct tax at source-DTAA-India-Germany. [Art. 11(3)(b)]
Dy. CIT v. Sisecam Flat Glass India Ltd. (2021) 87 ITR 1 (SN) (Kol.)(Trib.)S. 40(a)(ii) : Amounts not deductible-Rates or tax-Education cess is an allowable expenditure.
Kalyani Steels Ltd. v. DCIT (2021) 87 ITR 3 (SN) (Pune)(Trib.) UHDE India (P) Ltd. v. ACIT (2021) 211 TTJ 339 (Mum.)(Trib.) DCIT v. Century Plyboards (I) Ltd. (2021) 187 ITD 35 (Kol.)(Trib.) Gloster Ltd. v. ACIT (2021) 187 ITD 626 (Kol.)(Trib.)