https://www.taxtmi.com/caselaws?id=259910 The Tribunal upheld the decision of the CIT(A) in a case involving the applicability of Section 40(a)(ia) and compliance with Section 194C of the Income Tax Act, 1961. The Tribunal ruled in favor of the assessee, stating that the assessee was not liable to deduct TDS under Section 194C as they had validly collected Form 15I and made reasonable efforts to submit Form 15J. Consequently, the disallowance under Section 40(a)(ia) was deemed unwarranted. The Revenue's appeal was dismissed, and the CIT(A)'s order was upheld. en-us Thu, 07 May 2015 00:00:00 +0530 Tue, 26 May 2015 08:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=259910 The Tribunal upheld the decision of the CIT(A) in a case involving the applicability of Section 40(a)(ia) and compliance with Section 194C of the Income Tax Act, 1961. The Tribunal ruled in favor of the assessee, stating that the assessee was not liable to deduct TDS under Section 194C as they had validly collected Form 15I and made reasonable efforts to submit Form 15J. Consequently, the disallowance under Section 40(a)(ia) was deemed unwarranted. The Revenue's appeal was dismissed, and the CIT(A)'s order was upheld. Case-Laws Income Tax Thu, 07 May 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=259910