https://www.taxtmi.com/caselaws?id=253121 The Tribunal allowed the appeal of the assessee by deleting both the disallowance of Rs. 5,16,000 under Section 40(a)(ia) for non-deduction of TDS and the disallowance of Rs. 26,000 out of Godown Repairs expenses. The Tribunal held that the disallowance under Section 40(a)(ia) applies only to amounts payable and not to amounts already paid, following the decision in CIT v. Vector Shipping Services (P) Ltd. en-us Thu, 28 Aug 2014 00:00:00 +0530 Sat, 15 Nov 2014 15:00:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=253121 The Tribunal allowed the appeal of the assessee by deleting both the disallowance of Rs. 5,16,000 under Section 40(a)(ia) for non-deduction of TDS and the disallowance of Rs. 26,000 out of Godown Repairs expenses. The Tribunal held that the disallowance under Section 40(a)(ia) applies only to amounts payable and not to amounts already paid, following the decision in CIT v. Vector Shipping Services (P) Ltd. Case-Laws Income Tax Thu, 28 Aug 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=253121