https://www.taxtmi.com/caselaws?id=245775 The Court upheld the decisions of the CIT(A) and the Tribunal, ruling in favor of the assessee firm. It held that the payment of commission to Tapasya Projects Ltd. was not subject to tax deduction under Section 194-H as the services provided were related to securities, falling outside the purview of the section. Additionally, expenses paid without deducting tax at source were not disallowed under Section 40(a)(ia) as the services were specifically related to securities. The appeal by the Revenue was dismissed. en-us Thu, 13 Mar 2014 00:00:00 +0530 Sat, 21 Feb 2015 16:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=245775 The Court upheld the decisions of the CIT(A) and the Tribunal, ruling in favor of the assessee firm. It held that the payment of commission to Tapasya Projects Ltd. was not subject to tax deduction under Section 194-H as the services provided were related to securities, falling outside the purview of the section. Additionally, expenses paid without deducting tax at source were not disallowed under Section 40(a)(ia) as the services were specifically related to securities. The appeal by the Revenue was dismissed. Case-Laws Income Tax Thu, 13 Mar 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=245775