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Showing contexts for: Infrastructure Development in M/S Punjab Infrastructure Development ... vs Department Of Income Tax on 27 October, 2015Matching Fragments
This appeal filed by the Revenue is directed against the order of learned Commissioner of Income Tax (Appeals), Chandigarh dated 21.8.2013 relating to assessment year 2012-13.
2. The only issue is against the quashing of order under sections 201(1) and 201(1A) of the Income Tax Act, 1961 (in short 'the Act') made by the Assessing Officer by calculating TDS liability of payments made towards grant for financial support to Public Private Partnership Projects infrastructure development, which was not as per the provisions of section 194C of the Act. Since the issue was same as in assessment year 2007-08, in which the TDS liability was created on similar issue by passing order under sections 201(1) and 201(1A) of the Act. The learned CIT (Appeals) relying on his order for assessment year 2007-08 held that the assessee was not required to deduct tax under section 194C of the Act on the impugned payments and the Assessing Officer was not right in treating the 'person responsible' as 'assessee in default' under sections 201(1) and 201(1A) of the Act. In this way, demands created under section 201(1) and 201(1A) of the Act were deleted by the learned CIT (Appeals).