{"id":43069,"date":"2024-05-21T20:21:46","date_gmt":"2024-05-21T14:51:46","guid":{"rendered":"https:\/\/itatonline.org\/digest\/cit-it-v-zte-corporation-2024-296-taxman-571-sc-editorial-refer-cit-it-v-zte-corporation-2021-282-taxman-304-sc-2\/"},"modified":"2024-05-21T20:21:46","modified_gmt":"2024-05-21T14:51:46","slug":"cit-it-v-zte-corporation-2024-296-taxman-571-sc-editorial-refer-cit-it-v-zte-corporation-2021-282-taxman-304-sc-2","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/cit-it-v-zte-corporation-2024-296-taxman-571-sc-editorial-refer-cit-it-v-zte-corporation-2021-282-taxman-304-sc-2\/","title":{"rendered":"CIT (IT) v. ZTE Corporation (2024) 296 Taxman 571 (SC) Editorial : Refer, CIT (IT) v. ZTE Corporation (2021) 282 Taxman 304 (SC)"},"content":{"rendered":"<p>Dismissing the appeal of the revenue the Court\u00a0 in\u00a0 CIT(IT) v. ZTE Corporation (2021) 130 taxmann.com 128 (Delhi)(HC)\u00a0 held that assessee being a\u00a0 non-resident company, entire tax was to be deducted at source on payments made by payer to it and there was no question of payment of advance tax, hence\u00a0 it would not be permissible for revenue to charge any interest under section 234B\u00a0 of the Act. Review petition against SLP rejection is dismissed.\u00a0 (AY.\u00a0 2013-14)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 234B : Interest-Advance tax-Non-Resident-Entire tax was deductible   at  source-Not permissible to charge interest-Review petition is dismissed.. [S. 9(1)(1)] <\/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_post_was_ever_published":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":""},"categories":[21],"tags":[],"class_list":["post-43069","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-bcF","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/43069","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=43069"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/43069\/revisions"}],"predecessor-version":[{"id":43070,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/43069\/revisions\/43070"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=43069"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=43069"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=43069"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}