https://www.taxtmi.com/caselaws?id=261108 The Tribunal dismissed the Revenue's appeal and the assessee's cross-objection, upholding the CIT(A)'s decision in favor of the assessee regarding the disallowance of soil testing expenses under section 40(a)(ia) for non-deduction of TDS. The Tribunal relied on the interpretation that section 40(a)(ia) applies to payable amounts as of 31st March and not to expenses actually paid during the previous year without TDS deduction, in line with the decision of the ITAT, Vishakhapatnam, Special Bench in Merilyn Shipping & Transports case. en-us Fri, 19 Sep 2014 00:00:00 +0530 Thu, 02 Jul 2015 12:45:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=261108 The Tribunal dismissed the Revenue's appeal and the assessee's cross-objection, upholding the CIT(A)'s decision in favor of the assessee regarding the disallowance of soil testing expenses under section 40(a)(ia) for non-deduction of TDS. The Tribunal relied on the interpretation that section 40(a)(ia) applies to payable amounts as of 31st March and not to expenses actually paid during the previous year without TDS deduction, in line with the decision of the ITAT, Vishakhapatnam, Special Bench in Merilyn Shipping & Transports case. Case-Laws Income Tax Fri, 19 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=261108