Income Tax Act, 1961 with Section 273B Archives

Supreme Court clarifies penalty for late TDS remittance: US Technologies vs. Commissioner of Income Tax (2023)

Supreme Court Clarifies Penalty for Late TDS Remittance: US Technologies vs. Commissioner of Income Tax (2023) LEGAL ISSUE: Whether penalty under Section 271C of the Income Tax Act, 1961 is applicable on belated remittance of Tax Deducted at Source (TDS). CASE TYPE: Income Tax Law Case Name: M/s US Technologies International Pvt. Ltd. vs. The […]

Supreme Court clarifies Tax Deduction at Source (TDS) on Airline Ticket Commissions: Singapore Airlines vs. CIT (2022)

November 14, 2022 / Contract of Agency, Income Tax Act, 1961, Income Tax Act, 1961 with Section 194H, Income Tax Act, 1961 with Section 201, Income Tax Act, 1961 with Section 273B, Indian Contract Act, 1872, Indian Contract Act, 1872 with Section 182, Judges, M.M. Sundresh, Surya Kant

Supreme Court Clarifies TDS on Airline Ticket Commissions: Singapore Airlines vs. CIT (2022) LEGAL ISSUE: Whether airlines are liable to deduct Tax Deduction at Source (TDS) on the supplementary commission earned by travel agents on the sale of airline tickets. CASE TYPE: Income Tax Law Case Name: Singapore Airlines Ltd. vs. C.I.T., Delhi Judgment Date:

Supreme Court clarifies Tax Deduction at Source (TDS) on Airline Ticket Commissions: Singapore Airlines vs. CIT (2022) Read Post »