https://www.taxtmi.com/caselaws?id=177500 The Tribunal upheld the CIT(A)'s decisions in favor of the assessee, ruling that reimbursements to C&F Agents are not subject to TDS if devoid of income element, reasonable shortage of raw materials is allowable based on historical data, and seed development expenses for acquiring parent seeds are revenue in nature, not capital expenditure. The revenue's appeal was dismissed, and the assessee's cross objections were allowed. en-us Fri, 27 Sep 2013 00:00:00 +0530 Sat, 05 Nov 2016 22:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=177500 The Tribunal upheld the CIT(A)'s decisions in favor of the assessee, ruling that reimbursements to C&F Agents are not subject to TDS if devoid of income element, reasonable shortage of raw materials is allowable based on historical data, and seed development expenses for acquiring parent seeds are revenue in nature, not capital expenditure. The revenue's appeal was dismissed, and the assessee's cross objections were allowed. Case-Laws Income Tax Fri, 27 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=177500