https://www.taxtmi.com/caselaws?id=233337 The Tribunal allowed both appeals, determining that the disallowance under Section 40(a)(ia) was unwarranted. It found the relationship between the assessee and the consolidator to be that of principal to principal, with payments made for the transfer of rights, not services. The Tribunal's decision aligned with the precedent in 'Finian Estates Developers (P) Ltd.' and addressed all issues raised thoroughly, ultimately ruling in favor of the appellants. en-us Fri, 12 Apr 2013 00:00:00 +0530 Wed, 13 Jan 2016 12:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=233337 The Tribunal allowed both appeals, determining that the disallowance under Section 40(a)(ia) was unwarranted. It found the relationship between the assessee and the consolidator to be that of principal to principal, with payments made for the transfer of rights, not services. The Tribunal's decision aligned with the precedent in 'Finian Estates Developers (P) Ltd.' and addressed all issues raised thoroughly, ultimately ruling in favor of the appellants. Case-Laws Income Tax Fri, 12 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=233337