https://www.taxtmi.com/caselaws?id=253631 The High Court upheld the Tribunal's decision regarding the deletion of an addition under Section 40(a)(ia) of the Income Tax Act, amounting to Rs. 1,52,87,975. The Court found that the payment in question did not fall under the ambit of Section 194C of the Act, based on previous case law precedent. The Court dismissed the Revenue's appeal, emphasizing consistency with prior decisions and the absence of any substantial question of law for consideration in the current case. en-us Wed, 19 Nov 2014 00:00:00 +0530 Sat, 29 Nov 2014 16:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=253631 The High Court upheld the Tribunal's decision regarding the deletion of an addition under Section 40(a)(ia) of the Income Tax Act, amounting to Rs. 1,52,87,975. The Court found that the payment in question did not fall under the ambit of Section 194C of the Act, based on previous case law precedent. The Court dismissed the Revenue's appeal, emphasizing consistency with prior decisions and the absence of any substantial question of law for consideration in the current case. Case-Laws Income Tax Wed, 19 Nov 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=253631