{"id":5335,"date":"2019-05-02T09:53:43","date_gmt":"2019-05-02T09:53:43","guid":{"rendered":"http:\/\/itatonline.org\/digest\/karnataka-power-transmission-corporation-ltd-v-itotds-2019-70-itr-352-175-itd-504-bang-trib\/"},"modified":"2019-06-22T00:57:38","modified_gmt":"2019-06-22T00:57:38","slug":"karnataka-power-transmission-corporation-ltd-v-itotds-2019-70-itr-352-175-itd-504-bang-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/karnataka-power-transmission-corporation-ltd-v-itotds-2019-70-itr-352-175-itd-504-bang-trib\/","title":{"rendered":"Karnataka Power Transmission Corporation Ltd. v. ITO(TDS)  (2019) 70 ITR 352 \/  175 ITD 504\/ 198 TTJ 470\/  175 DTR 313\/199 TTJ 377\/ 177 DTR 256(Bang.)(Trib.)"},"content":{"rendered":"<p>Tribunal held that the assessee was under bona fide belief that its employees were to be regarded as employees of State Government and were entitled to exemption of entire sum of unutilised leave encashment under S. 10(10AA)(ii) of the Act.\u00a0 Failure to deduct tax at source\u00a0 was under bonfide belief\u00a0 hence, proceedings under S. 201(1) and 201(1A) \u00a0of the Act was \u00a0quashed. \u00a0<span lang=\"EN-GB\">(ITNO .2379 of 2017 dt .8-2-2019)&amp; 2223 \/2017dt 2-05 -2018 \u00a0\u00a0\u00a0<\/span> (AY. 2013-14, 2015-16)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 201 : Deduction at source-Failure to deduct or pay\u2013Bonafide belief that  as employees of State Government and were entitled to exemption of entire sum of unutilised leave encashment\u2013Failure to deduct tax at source\u2013Cannot be  treated as assessee in default .[S.10(10AA(ii), 192, 201(1), 201(IA)]<\/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":[1],"tags":[],"class_list":["post-5335","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-1o3","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/5335","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=5335"}],"version-history":[{"count":5,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/5335\/revisions"}],"predecessor-version":[{"id":5894,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/5335\/revisions\/5894"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=5335"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=5335"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=5335"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}