https://www.taxtmi.com/caselaws?id=258734 The appeal by Revenue and cross objection by the assessee against the Commissioner of Income-tax (Appeals) order for assessment year 2009-10 regarding disallowance of expenditure under section 40(a)(ia) due to non-deduction of tax at source were dismissed by the Tribunal. The Tribunal upheld that section 40(a)(ia) applies only to amounts 'payable', not 'paid', following the principle of Judicial Precedence and the Allahabad High Court's judgment. The Revenue's appeal was dismissed based on this interpretation, while the cross objection by the assessee was rejected as not pressed and time-barred. en-us Wed, 18 Sep 2013 00:00:00 +0530 Sat, 18 Apr 2015 10:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=258734 The appeal by Revenue and cross objection by the assessee against the Commissioner of Income-tax (Appeals) order for assessment year 2009-10 regarding disallowance of expenditure under section 40(a)(ia) due to non-deduction of tax at source were dismissed by the Tribunal. The Tribunal upheld that section 40(a)(ia) applies only to amounts 'payable', not 'paid', following the principle of Judicial Precedence and the Allahabad High Court's judgment. The Revenue's appeal was dismissed based on this interpretation, while the cross objection by the assessee was rejected as not pressed and time-barred. Case-Laws Income Tax Wed, 18 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=258734