https://www.taxtmi.com/caselaws?id=178244 The Tribunal allowed the revenue's appeal, reversing the CIT(A)'s order and upholding the disallowance made by the Assessing Officer under Section 40(a)(ia). The Tribunal also remanded the cross-objection raised by the assessee regarding the applicability of Section 194C to individuals for further examination by the Assessing Officer. The decision emphasized the importance of adhering to the legislative intent and judicial precedents in interpreting tax provisions. en-us Tue, 30 Jul 2013 00:00:00 +0530 Tue, 28 Feb 2017 11:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178244 The Tribunal allowed the revenue's appeal, reversing the CIT(A)'s order and upholding the disallowance made by the Assessing Officer under Section 40(a)(ia). The Tribunal also remanded the cross-objection raised by the assessee regarding the applicability of Section 194C to individuals for further examination by the Assessing Officer. The decision emphasized the importance of adhering to the legislative intent and judicial precedents in interpreting tax provisions. Case-Laws Income Tax Tue, 30 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178244