https://www.taxtmi.com/caselaws?id=173566 The Tribunal partly allowed the Revenue's appeal and the cross-objections of the assessee. The disallowance under Section 40(a)(ia) for non-deduction of TDS was upheld, considering the payments as royalty. The addition towards unexplained loan credits was dismissed as the credits were from previous years. The credit for TDS was allowed to be claimed in the year the income is assessed to tax. en-us Mon, 30 Sep 2013 00:00:00 +0530 Wed, 07 Jun 2017 18:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=173566 The Tribunal partly allowed the Revenue's appeal and the cross-objections of the assessee. The disallowance under Section 40(a)(ia) for non-deduction of TDS was upheld, considering the payments as royalty. The addition towards unexplained loan credits was dismissed as the credits were from previous years. The credit for TDS was allowed to be claimed in the year the income is assessed to tax. Case-Laws Income Tax Mon, 30 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=173566