https://www.taxtmi.com/caselaws?id=264042 The Appellate Tribunal ITAT COCHIN allowed the appeal, setting aside the disallowance under section 40(a)(ia) of the Income-tax Act for non-deduction of tax at source on licence fee paid for software use. The Tribunal held that subsequent amendments with retrospective effect absolved the assessee from TDS violation, directing the Assessing Officer to delete the addition of Rs. 23,43,598 disallowed by the Commissioner of Income-tax (Appeals). The judgment was pronounced on 8th May 2015. en-us Fri, 08 May 2015 00:00:00 +0530 Tue, 18 Aug 2015 16:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=264042 The Appellate Tribunal ITAT COCHIN allowed the appeal, setting aside the disallowance under section 40(a)(ia) of the Income-tax Act for non-deduction of tax at source on licence fee paid for software use. The Tribunal held that subsequent amendments with retrospective effect absolved the assessee from TDS violation, directing the Assessing Officer to delete the addition of Rs. 23,43,598 disallowed by the Commissioner of Income-tax (Appeals). The judgment was pronounced on 8th May 2015. Case-Laws Income Tax Fri, 08 May 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=264042