https://www.taxtmi.com/caselaws?id=178010 The appeal involved the deletion of an addition under section 40(a)(ia) for failure to deduct tax on royalty and commission. The CIT(A) ruled that the provision applies only to amounts payable on the Balance Sheet date, not for payments already made, citing the ITAT Special Bench decision. The ITAT upheld the CIT(A)'s decision, emphasizing the importance of judicial discipline in following Special Bench decisions. The Tribunal dismissed the Revenue's appeal, affirming the CIT(A)'s order and clarifying the application of section 40(a)(ia) regarding tax deduction at source. en-us Wed, 17 Sep 2014 00:00:00 +0530 Wed, 27 Jan 2016 09:55:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178010 The appeal involved the deletion of an addition under section 40(a)(ia) for failure to deduct tax on royalty and commission. The CIT(A) ruled that the provision applies only to amounts payable on the Balance Sheet date, not for payments already made, citing the ITAT Special Bench decision. The ITAT upheld the CIT(A)'s decision, emphasizing the importance of judicial discipline in following Special Bench decisions. The Tribunal dismissed the Revenue's appeal, affirming the CIT(A)'s order and clarifying the application of section 40(a)(ia) regarding tax deduction at source. Case-Laws Income Tax Wed, 17 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178010