https://www.taxtmi.com/caselaws?id=171027 The Tribunal dismissed all appeals by the Revenue, upholding the first appellate authority's decisions regarding non-deduction of tax on subcontracted work for a hydro electricity project. The Tribunal emphasized the factual circumstances, including the absence of direct payments to subcontractors and financial constraints, leading to the cancellation of penalty under section 221. en-us Fri, 19 Dec 2014 00:00:00 +0530 Mon, 09 Mar 2015 10:01:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=171027 The Tribunal dismissed all appeals by the Revenue, upholding the first appellate authority's decisions regarding non-deduction of tax on subcontracted work for a hydro electricity project. The Tribunal emphasized the factual circumstances, including the absence of direct payments to subcontractors and financial constraints, leading to the cancellation of penalty under section 221. Case-Laws Income Tax Fri, 19 Dec 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=171027