We've upgraded AI Search on TaxTMI with two powerful modes:
1. Basic • Quick overview summary answering your query with references• Category-wise results to explore all relevant documents on TaxTMI
2. Advanced • Includes everything in Basic • Detailed report covering: - Overview Summary - Governing Provisions [Acts, Notifications, Circulars] - Relevant Case Laws - Tariff / Classification / HSN - Expert views from TaxTMI - Practical Guidance with immediate steps and dispute strategy
• Also highlights how each document is relevant to your query, helping you quickly understand key insights without reading the full text.Help Us Improve - by giving the rating with each AI Result:
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
<h1>Revenue's review petitions dismissed; earlier rulings protected assessee on TDS under s.195 and disallowance under s.40(a)(i)</h1> HC dismissed the revenue's review petitions challenging orders that had upheld the assessee on issues of TDS under s.195 and disallowance under s.40(a)(i) ... TDS u/s 195 - disallowance made u/s.40(a)(i) for non-deduction of tax on payment made to abbey National Plc., UK. - reimbursement of salary costs and other expenditure HELD THAT:- As substantial questions raised therein were answered in favour of the assessee by judgment [2020 (12) TMI 570 - KARNATAKA HIGH COURT] & [2020 (12) TMI 1418 - KARNATAKA HIGH COURT]. Revenue had preferred review petitions. Since the review petitions filed against orders passed have been dismissed, the order [2021 (7) TMI 1479 - KARNATAKA HIGH COURT] and [2021 (7) TMI 1478 - KARNATAKA HIGH COURT] do not call for any interference. Consequently, review petitions are dismissed. ITAs No. 420/2015 and 421/2015 were disposed on the Revenue's concession that the 'substantial questions raised therein were answered in favour of the assessee by judgment dated 01.12.2020' in ITAs No. 214/2014 & 215/2014. The Revenue thereafter filed review petitions No. 9/2021 and 10/2021 against the 01.12.2020 orders; those review petitions were dismissed. Because the review petitions against the earlier orders have been dismissed, the order dated 06.07.2021 in ITAs No. 420/2015 and 421/2015 requires no interference. Consequently, the review petitions are dismissed. No costs.
TaxTMI 
• Category-wise results to explore all relevant documents on TaxTMI
Help Us Improve - by giving the rating with each AI Result:
TaxTMI 
TaxTMI 
