Facts of the
Case
The assessee companies were engaged in real estate
business and had made payments towards External
Development Charges (EDC) to HUDA on behalf of other entities. During
TDS verification, it was found that no
TDS was deducted on such payments, which according to the Assessing
Officer (AO), were liable under Section
194I (rent).
The AO treated the assessee as assessee in default u/s 201/201(1A)
and raised demand.
Subsequently, the CIT (TDS) invoked Section 263 on the ground that as per
later Delhi High Court judgment in Puri Construction Pvt. Ltd., EDC
payments fall under Section 194C
(contract) and not Section 194I.
Thus, the AO’s order was considered erroneous and prejudicial to revenue, and revision proceedings were initiated.
Issues
Involved
- Whether revision u/s 263
can be invoked when the issue is already pending before CIT(A).
- Whether AO’s order can be treated as erroneous and prejudicial to revenue.
- Whether EDC payments to
HUDA attract TDS u/s 194C or 194I.
- Whether subsequent judicial developments can justify revision u/s 263.
Petitioner’s
Arguments (Assessee)
- The AO passed order after due
inquiry and application of mind.
- At the time of passing order, Delhi High Court decision in BPTP Ltd. was prevailing.
- Subsequent judgment (Puri Construction) cannot be used to invoke Section 263.
- Issue is debatable,
as different judicial views exist.
- The matter is already pending
before CIT(A).
- No loss to revenue since:
- HUDA is a taxable entity,
and
- Tax would ultimately be recovered.
- When two views are possible, revision u/s 263 is not permissible.
Respondent’s
Arguments (Revenue)
- AO wrongly applied Section
194I instead of 194C.
- As per Delhi High Court in Puri
Construction Pvt. Ltd., EDC is contractual.
- Hence, AO’s order is:
- Erroneous, and
- Prejudicial to revenue.
- Therefore, invocation of Section 263 is justified.
Court
Findings / Order
- The issue of TDS on EDC is already
pending before CIT(A).
- The matter is not settled,
especially since:
- Supreme Court has stayed
operation of the Delhi High Court judgment in Puri Construction.
- AO adopted one of the possible
views, hence order cannot be termed erroneous.
- Revision u/s 263 cannot be invoked where:
- Issue is debatable,
and
- Matter is sub-judice
before appellate authority.
- Further, AO applied higher
TDS rate (10% u/s 194I) compared to 2% u/s 194C, hence:
- No prejudice to revenue exists.
Final Order:
- Section 263 order quashed
- Appeals of assessee allowed
Important
Clarification
- Pending appeal before CIT(A) bars revision u/s 263 on same issue.
- Subsequent change in law/judgment cannot render earlier order erroneous.
- Two possible views doctrine protects AO’s order.
- Higher tax deduction applied negates “prejudice to revenue”.
- EDC issue (194C vs 194I) remains litigative and unsettled, especially with Supreme Court stay.
Sections
Involved
- Section 194C – TDS
on contracts
- Section 194I – TDS
on rent
- Section 201 & 201(1A)
– Assessee in default & interest
- Section 263 –
Revision of erroneous order
Link to download the order - https://itat.gov.in/public/files/upload/1735628116-ssRKeE-1-TO.pdf
Disclaimer
This content is shared strictly for general information and
knowledge purposes only. Readers should independently verify the information
from reliable sources. It is not intended to provide legal, professional, or
advisory guidance. The author and the organisation disclaim all liability
arising from the use of this content. The material has been prepared with the
assistance of AI tools.
0 Comments
Leave a Comment