https://www.taxtmi.com/caselaws?id=314182 The ITAT Delhi held that CIT(A) exceeded jurisdiction under section 251 by directing AO to take action for non-deduction of TDS on interest-free loans to directors and to tax such perquisites under section 17. The tribunal found these directions unwarranted as the issue was not before CIT(A) and no such power was granted by the Act. The impugned directions were deleted for being in excess of jurisdiction, and grounds 2 and 3 were allowed in favor of the assessee. en-us Mon, 29 May 2023 00:00:00 +0530 Thu, 23 May 2024 08:37:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=314182 The ITAT Delhi held that CIT(A) exceeded jurisdiction under section 251 by directing AO to take action for non-deduction of TDS on interest-free loans to directors and to tax such perquisites under section 17. The tribunal found these directions unwarranted as the issue was not before CIT(A) and no such power was granted by the Act. The impugned directions were deleted for being in excess of jurisdiction, and grounds 2 and 3 were allowed in favor of the assessee. Case-Laws Income Tax Mon, 29 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=314182