TDS u/s 194A of the Income Tax Act

Last updated: 28 August 2021
Quick Summary
This Income Tax Appellate Tribunal case involved an assessee who had filed a return showing a loss. The Principal CIT later directed the Assessing Officer to disallow interest payments made to certain companies under Section 40(a)(ia) of the Income Tax Act. The assessee argued that these companies had included the interest income in their returns and paid tax on it. However, the tribunal dismissed the assessee's appeal, upholding the disallowance.

Court :
ITAT Ahmedabad

Brief :
This assessee�s appeal for A.Y. 2012-13, arises from order of the CIT(A)-5, Ahmedabad dated 17-08-2018, in proceedings under section 143(3) r.w.s. 263 of the Income Tax Act, 1961; in short �the Act�.

Citation :
ITA No. 2175/Ahd/2018

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