https://www.taxtmi.com/caselaws?id=207495 The High Court upheld the Tribunal's decision to delete additions under section 40(a)(ia) of the Income Tax Act for charges paid without tax deduction, citing a precedent. Additionally, the Court affirmed the deletion of additions under section 37(1) for penalties imposed by the National Stock Exchange, as they were not due to any offense or violation of the law. The appeal was disposed of without costs, with judges J.P. Devadhar and K.K. Tated presiding. en-us Fri, 14 Oct 2011 00:00:00 +0530 Thu, 28 Apr 2016 14:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=207495 The High Court upheld the Tribunal's decision to delete additions under section 40(a)(ia) of the Income Tax Act for charges paid without tax deduction, citing a precedent. Additionally, the Court affirmed the deletion of additions under section 37(1) for penalties imposed by the National Stock Exchange, as they were not due to any offense or violation of the law. The appeal was disposed of without costs, with judges J.P. Devadhar and K.K. Tated presiding. Case-Laws Income Tax Fri, 14 Oct 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=207495