https://www.taxtmi.com/caselaws?id=211751 The Tribunal upheld the reopening of assessment due to TDS discrepancies and dismissed the appellant's challenge. Regarding disallowance under section 40(a)(ia), the Tribunal ruled in favor of the appellant, stating the amendment was not retrospective. The disallowance was deemed unjustified, and the Tribunal directed deletion of the amount. Concerning interest under section 234B, the Tribunal held it mandatory but partly allowed the appeal. Ultimately, the Tribunal reversed the Commissioner's decision on disallowance under section 40(a)(ia) and ordered deletion of the disallowed amount. en-us Fri, 30 Dec 2011 00:00:00 +0530 Mon, 02 Apr 2012 11:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=211751 The Tribunal upheld the reopening of assessment due to TDS discrepancies and dismissed the appellant's challenge. Regarding disallowance under section 40(a)(ia), the Tribunal ruled in favor of the appellant, stating the amendment was not retrospective. The disallowance was deemed unjustified, and the Tribunal directed deletion of the amount. Concerning interest under section 234B, the Tribunal held it mandatory but partly allowed the appeal. Ultimately, the Tribunal reversed the Commissioner's decision on disallowance under section 40(a)(ia) and ordered deletion of the disallowed amount. Case-Laws Income Tax Fri, 30 Dec 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=211751