https://www.taxtmi.com/caselaws?id=205031 The Tribunal upheld the disallowance of expenditure for non-deduction of TDS under section 40(a)(ia) of the IT Act, emphasizing the strictness of the provision and lack of discretion for authorities to allow payments without TDS. Additionally, the Tribunal confirmed the levy of interest under sections 234A, 234B, and 234C, stating that interest is mandatory and calculated based on assessed income. The Tribunal rejected arguments for cancellation based on case precedent and upheld the decision based on the clear provisions of the law. The appeal was dismissed, affirming both the disallowance and interest levy. en-us Fri, 08 Oct 2010 00:00:00 +0530 Fri, 08 Apr 2011 17:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=205031 The Tribunal upheld the disallowance of expenditure for non-deduction of TDS under section 40(a)(ia) of the IT Act, emphasizing the strictness of the provision and lack of discretion for authorities to allow payments without TDS. Additionally, the Tribunal confirmed the levy of interest under sections 234A, 234B, and 234C, stating that interest is mandatory and calculated based on assessed income. The Tribunal rejected arguments for cancellation based on case precedent and upheld the decision based on the clear provisions of the law. The appeal was dismissed, affirming both the disallowance and interest levy. Case-Laws Income Tax Fri, 08 Oct 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=205031