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Aha Air Hostess Academy P. Ltd., New ... vs Department Of Income Tax cites

M/S. Hindustan Coca Cola Beverage Pvt. ... vs Commissioner Of Income Tax on 16 August, 2007

4. It was contended before first appellate authority that tax deducted was not deposited as worked out by the Assessing Officer which included TDS of Rs.63,49,200 on remuneration payable to the directors, Mr. Akash Gupta & Mrs. Sapna Gupta for the financial year 2008-09. However, in the fact of financial crisis, these directors had foregone their remuneration for the above financial year and accordingly their above TDS of Rs.63,49,200 were reversed. This resulted I the TDS liabllity of the above amount and therefore, the amount determined should be reduced by the above amount of Rs.63,49,200/-. Ld.AR further submitted before first appellate authority that the liability to be reduced by further amount of Rs.21,34,352 being the amount of TDS payable in respect of rent to the directors of the company, namely Shri Ashok Gupta & Mrs. Sapna Gupta on the ground that these directors had already discharged their tax liability and there is no outstanding liability of tax due to these deductees by reproducing the submissions of the Ld.AR of the assessee, who cited Apex Court decision in the case of Hindusan Coca Cola Beverages P. Ltd. vs. CIT, 293 I.T.R. 226 (SC) and Delhi High Court decision in the case of CIT vs. Hindustan Coca Cola & Beverages Pvt. Ltd., 293 I.T.R. 163 (Del.), assessee has submitted for reduction in tax liability determined by the Assessing Officer by the above amount of Rs.63,49,200/- and Rs.21,34,352/-.
Supreme Court of India Cites 6 - Cited by 479 - B S Reddy - Full Document

Addl. Cit, Special Range- 4, New Delhi vs Hindustan Coca-Cola Beverages Pvt. ... on 7 June, 2023

4. It was contended before first appellate authority that tax deducted was not deposited as worked out by the Assessing Officer which included TDS of Rs.63,49,200 on remuneration payable to the directors, Mr. Akash Gupta & Mrs. Sapna Gupta for the financial year 2008-09. However, in the fact of financial crisis, these directors had foregone their remuneration for the above financial year and accordingly their above TDS of Rs.63,49,200 were reversed. This resulted I the TDS liabllity of the above amount and therefore, the amount determined should be reduced by the above amount of Rs.63,49,200/-. Ld.AR further submitted before first appellate authority that the liability to be reduced by further amount of Rs.21,34,352 being the amount of TDS payable in respect of rent to the directors of the company, namely Shri Ashok Gupta & Mrs. Sapna Gupta on the ground that these directors had already discharged their tax liability and there is no outstanding liability of tax due to these deductees by reproducing the submissions of the Ld.AR of the assessee, who cited Apex Court decision in the case of Hindusan Coca Cola Beverages P. Ltd. vs. CIT, 293 I.T.R. 226 (SC) and Delhi High Court decision in the case of CIT vs. Hindustan Coca Cola & Beverages Pvt. Ltd., 293 I.T.R. 163 (Del.), assessee has submitted for reduction in tax liability determined by the Assessing Officer by the above amount of Rs.63,49,200/- and Rs.21,34,352/-.
Income Tax Appellate Tribunal - Delhi Cites 9 - Cited by 9 - Full Document
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