https://www.taxtmi.com/caselaws?id=246935 The Tribunal partly allowed the Revenue's appeal, directing the Assessing Officer to recompute disallowances considering amendments to Section 194I and the retrospective application of the second proviso to Section 40(a)(ia). The Tribunal upheld that the payments were not interest and not subject to Section 194A, but required verification on the applicability of Section 194I and the tax payment by the Joint Venture. en-us Tue, 04 Mar 2014 00:00:00 +0530 Sat, 26 Apr 2014 17:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=246935 The Tribunal partly allowed the Revenue's appeal, directing the Assessing Officer to recompute disallowances considering amendments to Section 194I and the retrospective application of the second proviso to Section 40(a)(ia). The Tribunal upheld that the payments were not interest and not subject to Section 194A, but required verification on the applicability of Section 194I and the tax payment by the Joint Venture. Case-Laws Income Tax Tue, 04 Mar 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=246935