Facts of the Case
The Revenue filed multiple appeals before the Delhi High Court
against various GE group entities (non-resident assessees), challenging the
orders of the Income Tax Appellate Tribunal (ITAT). The dispute centered around
the levy of interest under Section 234B of the Income Tax Act, 1961 on
non-resident entities.
The ITAT had ruled in favour of the assessees, holding that
such interest was not leviable. The Revenue contested this finding, leading to
the present batch of appeals.
Issues Involved
- Whether
interest under Section 234B of the Income Tax Act, 1961 is leviable on
non-resident assessees where tax is deductible at source.
Petitioner’s (Revenue’s) Arguments
- The
Revenue contended that the assessee was liable to pay advance tax and
consequently liable for interest under Section 234B for failure to do so.
- It
was argued that the ITAT erred in following earlier judgments without
independently examining the liability.
Respondent’s (Assessee’s) Arguments
- The
assessees argued that being non-residents, their income was subject to tax
deduction at source (TDS), and therefore, liability to pay advance tax did
not arise.
- They
relied on the Delhi High Court judgment in Director of Income Tax
(International Taxation) vs GE Packaged Power Inc. (2015) 373 ITR 65
(Delhi), which held that Section 234B interest is not applicable in such
cases.
Court’s Findings / Order
- The
Court held that the issue was already covered in favour of the assessee
by its earlier judgment in Director of Income-Tax (International
Taxation) vs GE Packaged Power Inc..
- The
High Court observed that it was bound by its previous decision.
- It
further held that the ITAT had not committed any error in following
the earlier ruling.
- Accordingly,
all appeals filed by the Revenue were dismissed.
Important Clarification by the Court
- The
Court clarified that the issue is pending before the Supreme Court,
where appeals have already been admitted.
- It was observed that the final outcome will be subject to the Supreme Court’s decision in the pending matters.
Link to download the order -https://delhihighcourt.nic.in/app/case_number_pdf/2018:DHC:8725-DB/SRB21052018ITA6052018_144505.pdf
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