https://www.taxtmi.com/caselaws?id=262783 The ITAT dismissed the Revenue's appeal, upholding the decision of the CIT (A) that section 194C did not apply as there was no evidence of a contractual relationship between the assessee and the newspaper publishers for advertisement payments. Additionally, the ITAT allowed the assessee's cross objection, setting aside the disallowance under section 40(a)(ia) as the payments were already made and taxes were paid by the recipient. This case clarified tax deduction obligations and contractual requirements for advertisement expenses, ensuring compliance with legal provisions and precedents. en-us Fri, 06 Feb 2015 00:00:00 +0530 Mon, 15 Feb 2016 16:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=262783 The ITAT dismissed the Revenue's appeal, upholding the decision of the CIT (A) that section 194C did not apply as there was no evidence of a contractual relationship between the assessee and the newspaper publishers for advertisement payments. Additionally, the ITAT allowed the assessee's cross objection, setting aside the disallowance under section 40(a)(ia) as the payments were already made and taxes were paid by the recipient. This case clarified tax deduction obligations and contractual requirements for advertisement expenses, ensuring compliance with legal provisions and precedents. Case-Laws Income Tax Fri, 06 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=262783