https://www.taxtmi.com/caselaws?id=214695 The Appellate Tribunal upheld the validity of re-assessment proceedings under section 147 of the I.T. Act, dismissing the appeal and confirming the legality of the re-assessment. Regarding the disallowance under section 40(a)(ia) for non-deduction of TDS, the Tribunal directed the AO to verify and restrict disallowances to amounts payable as of 31st March of the relevant assessment years. The appeals by the assessee were partly allowed for statistical purposes in both instances. en-us Wed, 30 May 2012 00:00:00 +0530 Mon, 02 Jul 2012 14:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=214695 The Appellate Tribunal upheld the validity of re-assessment proceedings under section 147 of the I.T. Act, dismissing the appeal and confirming the legality of the re-assessment. Regarding the disallowance under section 40(a)(ia) for non-deduction of TDS, the Tribunal directed the AO to verify and restrict disallowances to amounts payable as of 31st March of the relevant assessment years. The appeals by the assessee were partly allowed for statistical purposes in both instances. Case-Laws Income Tax Wed, 30 May 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=214695