https://www.taxtmi.com/caselaws?id=192022 The ITAT Hyderabad upheld the CIT (A) orders, dismissing Revenue's appeals for A.Ys 2009-10 to 2013-14. The dispute centered on the applicability of TDS provisions on horse racing income under sections 194B, 194BB, and 194H of the I.T. Act. The CIT (A) ruled in favor of the assessee, stating that horse racing income did not fall within the scope of section 194B. Additionally, the CIT (A) rejected the Revenue's challenge on the threshold limit for TDS under section 194BB, leading to the dismissal of Revenue's appeals for the relevant assessment years. en-us Fri, 04 Sep 2015 00:00:00 +0530 Tue, 09 May 2017 20:26:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=192022 The ITAT Hyderabad upheld the CIT (A) orders, dismissing Revenue's appeals for A.Ys 2009-10 to 2013-14. The dispute centered on the applicability of TDS provisions on horse racing income under sections 194B, 194BB, and 194H of the I.T. Act. The CIT (A) ruled in favor of the assessee, stating that horse racing income did not fall within the scope of section 194B. Additionally, the CIT (A) rejected the Revenue's challenge on the threshold limit for TDS under section 194BB, leading to the dismissal of Revenue's appeals for the relevant assessment years. Case-Laws Income Tax Fri, 04 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=192022