{"id":12868,"date":"2020-10-09T15:23:17","date_gmt":"2020-10-09T15:23:17","guid":{"rendered":"https:\/\/itatonline.org\/digest\/eveready-industries-india-ltd-v-pcit-2020-181-itd-528-kol-trib\/"},"modified":"2021-02-13T10:19:03","modified_gmt":"2021-02-13T04:49:03","slug":"eveready-industries-india-ltd-v-pcit-2020-181-itd-528-kol-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/eveready-industries-india-ltd-v-pcit-2020-181-itd-528-kol-trib\/","title":{"rendered":"Eveready Industries India Ltd. v. PCIT (2020) 181 ITD 528 \/ 114 taxmann.com 610  (Kol) (Trib.)"},"content":{"rendered":"<p>The AO passed the assessment order u\/s 143 (3) of the Act . The PCIT\u00a0 has issued show cause notice for revision of seven issues\u00a0 such as mismatch of TDS\u00a0 , expenditure on exempt income\u00a0 , allowability of business expenditure , payment to related parties ,\u00a0 allowability of depreciation ,transfer pricing\u00a0 etc . Appellate Tribunal after discussing each and every issue in details held that the order passed by the\u00a0 AO is not erroneous hence quashed the revision order passed by the PCIT\u00a0 .( AY. 2014 -15)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 263 : Commissioner &#8211; Revision of orders prejudicial to revenue &#8211; TDS Mismatch &#8211;  PCIT has issued show cause notice for seven issues  and passed the revision order \u2013 Appellate Tribunal quashed the revision order after discussion  all seven issues   [ S .4 ,14A  37(1) 40A(2)  41(1) 43(6) 48 , 50C ,80IC ,92CA ] <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[21],"tags":[],"class_list":["post-12868","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-3ly","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/12868","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=12868"}],"version-history":[{"count":2,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/12868\/revisions"}],"predecessor-version":[{"id":15242,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/12868\/revisions\/15242"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=12868"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=12868"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=12868"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}