https://www.taxtmi.com/caselaws?id=242480 The Tribunal partially allowed the appeal regarding the disallowance of payment made to SIDBI towards reimbursement of deputed personnel cost under section 40(a)(ia) for the assessment year 2008-2009. The Tribunal held that section 40(a)(ia) should not apply to reimbursements, citing relevant precedents. Additionally, the Tribunal dismissed the Revenue's appeal on the disallowance of TDS for late payments to the Government account, affirming the CIT (A)'s decision based on the retrospective application of an amendment introduced by the Finance Act, 2010. The issues related to the treatment of income as income from other sources were not pursued by the appellant and were consequently dismissed. en-us Wed, 05 Jun 2013 00:00:00 +0530 Thu, 16 Jan 2014 10:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=242480 The Tribunal partially allowed the appeal regarding the disallowance of payment made to SIDBI towards reimbursement of deputed personnel cost under section 40(a)(ia) for the assessment year 2008-2009. The Tribunal held that section 40(a)(ia) should not apply to reimbursements, citing relevant precedents. Additionally, the Tribunal dismissed the Revenue's appeal on the disallowance of TDS for late payments to the Government account, affirming the CIT (A)'s decision based on the retrospective application of an amendment introduced by the Finance Act, 2010. The issues related to the treatment of income as income from other sources were not pursued by the appellant and were consequently dismissed. Case-Laws Income Tax Wed, 05 Jun 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=242480