https://www.taxtmi.com/caselaws?id=240066 The Tribunal dismissed the assessee's appeal, upholding the CIT(A)'s order sustaining the disallowance under Section 40(a)(ia) for non-deduction of TDS. The Tribunal relied on the decisions of the Hon'ble Calcutta and Gujarat High Courts, which interpreted the term "payable" to include amounts paid during the year, thus rejecting the narrower interpretation suggested by the Special Bench in Merilyn Shipping and Transport Ltd. en-us Tue, 22 Oct 2013 00:00:00 +0530 Mon, 25 Nov 2013 00:52:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=240066 The Tribunal dismissed the assessee's appeal, upholding the CIT(A)'s order sustaining the disallowance under Section 40(a)(ia) for non-deduction of TDS. The Tribunal relied on the decisions of the Hon'ble Calcutta and Gujarat High Courts, which interpreted the term "payable" to include amounts paid during the year, thus rejecting the narrower interpretation suggested by the Special Bench in Merilyn Shipping and Transport Ltd. Case-Laws Income Tax Tue, 22 Oct 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=240066