https://www.taxtmi.com/caselaws?id=253203 The revenue's appeal against the CIT(A)-III, Bangalore's order was dismissed by the Tribunal. The appeal involved the deletion of an addition made by the AO under Section 40a(ia) of the IT Act, disallowance of tax deduction due to late remittance by the assessee, interpretation of Section 40a(ia) on remittance of tax at source, and allowance of depreciation on printers and scanners at 60%. The Tribunal upheld the CIT(A)'s decisions, emphasizing the retrospective effect of the 2010 amendment to Section 40a(ia) and the importance of timely remittance of tax at source. en-us Wed, 08 Oct 2014 00:00:00 +0530 Tue, 18 Nov 2014 16:53:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=253203 The revenue's appeal against the CIT(A)-III, Bangalore's order was dismissed by the Tribunal. The appeal involved the deletion of an addition made by the AO under Section 40a(ia) of the IT Act, disallowance of tax deduction due to late remittance by the assessee, interpretation of Section 40a(ia) on remittance of tax at source, and allowance of depreciation on printers and scanners at 60%. The Tribunal upheld the CIT(A)'s decisions, emphasizing the retrospective effect of the 2010 amendment to Section 40a(ia) and the importance of timely remittance of tax at source. Case-Laws Income Tax Wed, 08 Oct 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=253203