Facts of the Case
The Revenue filed multiple appeals against various GE group
entities (non-resident companies) challenging the orders of the Income Tax
Appellate Tribunal (ITAT).
The central issue pertained to the levy of interest under
Section 234B for alleged default in payment of advance tax by non-resident
assessees.
The Tribunal had ruled in favour of the assessees by relying on an earlier judgment of the Delhi High Court in Director of Income Tax (International Taxation) v. GE Packaged Power Inc. (2015) 373 ITR 65 (Delhi).
Issues Involved
- Whether
interest under Section 234B is leviable on non-resident assessees
where tax is deductible at source (TDS) by the payer.
- Whether the ITAT was correct in following earlier binding precedent of the High Court.
Petitioner’s Arguments (Revenue)
- The
Revenue contended that the assessees were liable to pay advance tax,
and failure to do so attracts interest under Section 234B.
- It
was argued that the Tribunal erred in deleting the interest liability.
- The Revenue also pointed out that the earlier judgment relied upon is under challenge before the Supreme Court.
Respondent’s Arguments (Assessees – GE Entities)
- The
assessees argued that being non-residents, their income was subject
to tax deduction at source (TDS).
- Therefore,
the primary obligation to deduct tax lies on the payer, not the
recipient.
- Consequently,
no liability under Section 234B arises.
- They relied on binding precedent of the Delhi High Court in GE Packaged Power Inc. case.
Court’s Findings / Order
- The
Delhi High Court held that the issue is already covered in favour of
the assessees by its earlier judgment.
- The
Court observed that:
- The
ITAT correctly followed binding precedent.
- No
error was committed by the Tribunal.
- Accordingly, all appeals filed by the Revenue were dismissed.
Important Clarification by the Court
- The
Court clarified that:
- Since
the earlier judgment is pending before the Supreme Court,
- Final determination of law will depend on the Supreme Court’s decision in the pending appeals.
Link to download the order -https://delhihighcourt.nic.in/app/case_number_pdf/2018:DHC:8725-DB/SRB21052018ITA6052018_144505.pdf
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