https://www.taxtmi.com/caselaws?id=270957 The Tribunal partially allowed the Revenue's appeal challenging the deletion of disallowance under section 40(a)(ia) of the Income Tax Act, emphasizing the necessity of evidence regarding payees' tax compliance. Regarding the addition made for employees' PF and ESI contributions, the Tribunal reinstated the disallowances, aligning with precedents emphasizing timely crediting to employees' accounts. Both the Revenue's appeal and the assessee's cross-objection were partly allowed for statistical purposes. The Tribunal's decisions were supported by detailed analyses and references to relevant legal judgments. en-us Fri, 06 Nov 2015 00:00:00 +0530 Thu, 21 Jan 2016 07:06:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=270957 The Tribunal partially allowed the Revenue's appeal challenging the deletion of disallowance under section 40(a)(ia) of the Income Tax Act, emphasizing the necessity of evidence regarding payees' tax compliance. Regarding the addition made for employees' PF and ESI contributions, the Tribunal reinstated the disallowances, aligning with precedents emphasizing timely crediting to employees' accounts. Both the Revenue's appeal and the assessee's cross-objection were partly allowed for statistical purposes. The Tribunal's decisions were supported by detailed analyses and references to relevant legal judgments. Case-Laws Income Tax Fri, 06 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=270957