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[Cites 3, Cited by 0]

Madras High Court

Principal Commissioner Of Income Tax ... vs M/S. Sri Ramachandra Educational & ... on 23 August, 2022

Author: R.Mahadevan

Bench: R. Mahadevan, Mohammed Shaffiq

                                                                                    T.C.A.No.237 of 2017




                                  IN THE HIGH COURT OF JUDICATURE AT MADRAS

                                               DATED : 23.08.2022

                                                       CORAM :

                           THE HONOURABLE MR. JUSTICE R. MAHADEVAN
                                              AND
                         THE HONOURABLE MR. JUSTICE MOHAMMED SHAFFIQ

                                              T.C.A.No.237 of 2017


                  Principal Commissioner of Income Tax Central 1
                  No.108, Mahatma Gandhi Road,
                  Chennai.                                                                          ...
                  Appellant

                                                        Versus

                  M/s. Sri Ramachandra Educational & Health Trust,
                  24, Sir CV Raman Road, Alwarpet,
                  Chennai - 600 018.
                  PAN: AAA TS 2283 D                                            ... Respondent

                            Appeal preferred under Section 260A of the Income Tax Act, 1961,
                  against the order dated 21.09.2016 passed by the Income Tax Appellate
                  Tribunal, “C” Bench, Chennai, in I.T.A.No.914/Mds/2016.
                            For Appellant          :      Mr.J.Narayanaswamy
                                                          Senior Standing Counsel

                            For Respondent         :      Mr.R.Sivaraman




                  Page 1/4
https://www.mhc.tn.gov.in/judis
                                                                                         T.C.A.No.237 of 2017




                                                    JUDGMENT

(Judgment of the Court was delivered by R.MAHADEVAN, J.) This tax case appeal has been filed by the appellant / Revenue, challenging the order dated 21.09.2016 passed by the Income Tax Appellate Tribunal, “C” Bench, Chennai, in I.T.A.No.914/Mds/2016, relating to the assessment year 2010-11.

2.By order dated 02.06.2017, this court admitted the aforesaid tax case appeal on the following substantial questions of law:

“(i) Whether the addition of Rs.28,74,854/- invested in M/s.Egmore Benefit Fund Ltd., was contrary to Section 11(5) of the Income Tax Act and whether on the facts and circumstances of the case the Tribunal was correct in law in deleting the same?
(ii) Whether on the facts and circumstances of the case, the Tribunal was correct in law in holding that consideration paid by the assessee to M/s. Harvard International USA was not liable for deduction of tax at source under Section 195 of the Income Tax Act? and
(iii) Whether on the facts and circumstances of the case, the Tribunal was correct in law in holding that the amount paid to M/s.Harvard International USA was not liable for TDS, without examining the Memorandum of Agreement and determining Page 2/4 https://www.mhc.tn.gov.in/judis T.C.A.No.237 of 2017 whether the nature of payment was "Royalty" or "fee for technical service" or "reimbursement of expenditure"?

3.When the matter was taken up for consideration, the learned counsel for the appellant / Revenue brought to the notice of this court the Circular No.17/2019 dated 08.08.2019 issued by the Central Board Direct Taxes, wherein, it is stipulated that appeal shall not be filed/pursued by the Department before the High Court in cases where the tax effect does not exceed Rs.1,00,00,000/- (Rupees One Crore). It is also submitted that the tax effect in this appeal is less than the threshold limit.

4.In the light of the aforesaid submissions made by the learned counsel for the appellant / Revenue, the present appeal, wherein, the tax effect is said to be less than the monetary limit imposed, is dismissed as withdrawn, keeping open the substantial questions of law for determination in an appropriate case. No costs.

                                                                    (R.M.D., J.)     (M.S.Q., J.)
                                                                              23.08.2022

                  Internet : Yes
                  Index : Yes / No


                  Page 3/4

https://www.mhc.tn.gov.in/judis T.C.A.No.237 of 2017 R. MAHADEVAN, J.

and MOHAMMED SHAFFIQ, J.

av To

1. The Income Tax Appellate Tribunal, “C” Bench, Chennai.

2. Principal Commissioner of Income Tax Central 1 No.108, Mahatma Gandhi Road, Chennai.

3. The Assistant Commissioner of Income-tax, Central Circle-1 (3), Chennai - 34.

4. The Commissioner of Income Tax (Appeals)-18, Chennai.

T.C.A.No.237 of 2017

23.08.2022 Page 4/4 https://www.mhc.tn.gov.in/judis