2025 (12) TMI 411

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....my N, JCIT(DR)(ITAT), Bangalore. ORDER Per Laxmi Prasad Sahu, Accountant Member : This is an appeal filed by the assessee against the Order passed by the learned PCIT, vide DIN ITBA/REV/F/REV5/2024-25/1075159137(1) dated 28.03.2025. 2. Briefly stated facts of the case are that assessee filed return of income on 12.02.2021 declaring total income of Rs. 6,16,32,020/-. The case was select....

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....rvices, the rate was deducted at the current applicable rate and the TDS challan has been paid and quarterly TDS return has also been filed. Further, the expenditure incurred of Rs. 6,36,41,216/- towards land / building / furniture/ rent, assessee stated that TDS has been deducted at the current applicable rate to the payee and some of the payees furnished lower deduction tax certificate. Therefor....

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....e / rent of Rs. 6,36,41,216/- and directed to pass a fresh Assessment Order. Against the Order passed by the learned Pr.CIT dated 28.03.2025 assessee filed appeal before the Tribunal. 4. The learned Counsel reiterated the submissions made before the learned PCIT and submitted that the assessee has deducted TDS at the correct applicable rate and the same is also reported in Form No.3CD in the ta....

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....tes to the different payees under the professional services and lease rents. The assessee has submitted details during the course of proceedings before the learned Pr.CIT. During the course of hearing, the learned Counsel for the assessee conceded the addition for direction towards disallowance of employees contribution to PF/ESI of Rs. 20,74,567/- since, this issue is covered by the judgement of ....