https://www.taxtmi.com/caselaws?id=264804 The tribunal ruled in favor of the assessee, a construction and logistics company, in a tax dispute. The tribunal found the explanation for withholding and later paying Rs. 33,50,000 to be credible, as the payments were made after the relevant financial year. Consequently, the addition of Rs. 33,50,000 sustained by the CIT(A) was deleted, and the department's appeal was dismissed. en-us Fri, 04 Sep 2015 00:00:00 +0530 Sat, 03 Oct 2015 12:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=264804 The tribunal ruled in favor of the assessee, a construction and logistics company, in a tax dispute. The tribunal found the explanation for withholding and later paying Rs. 33,50,000 to be credible, as the payments were made after the relevant financial year. Consequently, the addition of Rs. 33,50,000 sustained by the CIT(A) was deleted, and the department's appeal was dismissed. Case-Laws Income Tax Fri, 04 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=264804