Gupta & Sons Vs. The Income Tax Officer (I/C), TDS Ward-1(2), Chennai
Case No: ITA No.3368/Chny/2025
Court: Income Tax Appellate Tribunal ‘B’ Bench: Chennai
Date: 1/28/2026
Parties Involved
appellantGupta & Sons
respondentThe Income Tax Officer (I/C), TDS Ward-1(2), Chennai
Facts Summary
The assessee, Gupta & Sons, a partnership firm engaged in trading steel scrap, did not collect TCS on the sale of scrap amounting to Rs.25,03,26,327/-. A TDS survey was conducted, and the case was selected for scrutiny. The assessee responded to the statutory notices by stating that an amount of Rs.3,66,27,292 is the sale of pipes, and for the balance amount, the payees have included the payments in their return of income and have paid the tax due thereon. Since no further details were received,…
Decision in favour of
Assessee
Legal Issues
- 1. Whether the assessee should be given another opportunity to represent the case before the FAA?