https://www.taxtmi.com/caselaws?id=325174 The Tribunal upheld the applicability of Section 40(a)(ia) due to non-deduction of tax under Section 194C, determining that payments for edge cutting and sawing charges were contractual. The appeal was partly allowed, directing the AO to confirm tax deposit by contractors or limit disallowance to 30% of Rs. 7,51,322, per the Finance (No. 2) Act 2014 amendment. The appeal was partly allowed, with the order pronounced on 29/01/2016. en-us Fri, 29 Jan 2016 00:00:00 +0530 Sat, 12 Mar 2016 09:13:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=325174 The Tribunal upheld the applicability of Section 40(a)(ia) due to non-deduction of tax under Section 194C, determining that payments for edge cutting and sawing charges were contractual. The appeal was partly allowed, directing the AO to confirm tax deposit by contractors or limit disallowance to 30% of Rs. 7,51,322, per the Finance (No. 2) Act 2014 amendment. The appeal was partly allowed, with the order pronounced on 29/01/2016. Case-Laws Income Tax Fri, 29 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=325174