Delhi HC Rejects Plea Against BCCI Team Named 'Team India', Terms it a Sheer Waste of Time  ||  Bombay HC: No Absolute Right for Citizens to Access Public Offices  ||  Delhi HC: Suit Withdrawal After Compromise Doesn’t Result in Executable Decree  ||  Delhi HC: ITSC Abolition Doesn’t Void Settlement Pleas Filed Between Feb 1–Mar 31, 2021  ||  Rajasthan HC: State Must Set Up Trauma Centre, Art Institute; Temple Board Can Only Assist  ||  Kerala HC: LIC Cancer Cover Starts From First Diagnosis After Waiting Period, Not Expert Opinion  ||  Kerala HC: Spouse’s Ill Treatment of Children is Cruelty under Section 10(1) Divorce Act  ||  Supreme Court Acquits Chennai Man Sentenced to Death in Child Rape-Murder Case  ||  SC: Only Disclosure Leading to Weapon Recovery Admissible under Section 27 Evidence Act  ||  Supreme Court Orders Strict Enforcement on Helmets, Lane Discipline & Headlight Use    

ITAT, Bangalore Deletes Penalty on TDS Default by SBI on LTC Payments - (02 Mar 2020)

DIRECT TAXATION

Income Tax Appellate Tribunal (ITAT), Bangalore has deleted the penalty proceedings initiated by the tax department against the State bank of India ( SBI ) for not deducting Tax Deducted at Source (TDS) on Leave Travel Concession (LTC) to its employees on travel outside India stating that there was a reasonable cause on the part of the bank for the non-deduction of tax.

Tags : INCOME TAX APPELLATE TRIBUNAL   PENALTY ON TDS DEFAULT BY SBI  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved