https://www.taxtmi.com/caselaws?id=238623 The Tribunal ruled in favor of the appellant, emphasizing the importance of timely TDS deposits to avoid disallowances under section 40(a)(ia) of the IT Act. The Tribunal held that the CIT exceeded jurisdiction under section 263, considering the retrospective application of amendments to section 40(a)(ia) and the timely deposit of TDS amounts. The appellant's appeal was allowed, highlighting the significance of proper TDS compliance in determining expenditure allowability. en-us Tue, 01 Oct 2013 00:00:00 +0530 Mon, 30 Mar 2015 11:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=238623 The Tribunal ruled in favor of the appellant, emphasizing the importance of timely TDS deposits to avoid disallowances under section 40(a)(ia) of the IT Act. The Tribunal held that the CIT exceeded jurisdiction under section 263, considering the retrospective application of amendments to section 40(a)(ia) and the timely deposit of TDS amounts. The appellant's appeal was allowed, highlighting the significance of proper TDS compliance in determining expenditure allowability. Case-Laws Income Tax Tue, 01 Oct 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=238623