mentioned at serial No.55 of the list. The
Society acted as intermediator between its Members and opposite
First Appeal No.1543 ... further allotment to the
complainant. Opposite party No.1-Society simply acted as
intermediator and no liability can be fastened on it. Possession
person responsible to deduct tax on such payments while acting for his clients. The
Hon'ble Delhi High Court in CIT v. Cargo Linkers ... paid on
behalf of the client and the assessee is merely acting as intermediator for the smooth
clearance on behalf of the clients. Identical
present case, by the Securities Laws
(Amendment) Act 2014, Section 28A is
inserted to SEBI Act retrospectively from
18.07.2013. Therefore, the interest obligation
under Section ... result of such amendment contained in the
Finance Act 1982, yarn manufactured at an
intermediate stage of an integrated, continuous
and uninterrupted process became excisable
Section 151 provides that where the
notice under s.148 of the Act is issued after expiry of a period of four years from ... approval by the Addl.CIT as an intermediator
also reflects that both the superior authority have acted mechanically or
perfunctorily. Needless to say, the reopening
Panchsheel Intermediates,, Surat vs Acit, Circle-6, , Surat on 6 April, 2017
IN THE INCOME TAX APPELLATE TRIBUNAL
CAMP AT SURAT
Before: Shri Rajpal Yadav ... proceedings under section 143(3) of the
Income Tax Act, 1961; in short "the Act".
I.T.A No. 1176 /Ahd/2014
Act.
2
M/s Asit C Mehta Investment Intermediates Pvt. Ltd.
ITA No.1919/Mum/2015
2. The only issue in the appeal ... computed u/s.
115JB of the Act as under the normal provisions of the Act."
3.4 It is seen from the above decisions
transport service but an intermediation service connecting drivers with
commuters. Further, OP is not directly involved in the physical act of
moving persons or goods
Income-tax
Act, 1961 (hereinafter called "the Act") r.w.r. 8D(2)(ii) and (iii) of the 1962
Rules, vide assessment order dated ... dyes
and dye intermediates and other chemicals. The whole controversy revolves
around computation of disallowance u/s 14A of the 1961 Act. The assessee
having
234A , u/s.234B and u/s.234C of the
I.T. Act, merely mentioning that 'this is only consequential in
nature ... dyes and
dyes intermediate accessories. In this case, the search was carried out
under section 132 of the Income Tax Act, 1961 (hereinafter referred
Act, 1982
where JDA has been defined as a deemed local authority.
9.4 On perusal of the JDA Act , the preamble to the Act states ... thereafter including the intermediate stages
and to provide for matters connected with the aforesaid. Thereafter,
Section 2(8) of JDA Act defines the Jaipur Region
