https://www.taxtmi.com/caselaws?id=325463 The Tribunal allowed the appeal, ruling in favor of the appellant. The payment to the consolidator was deemed genuine and not subject to TDS under Sections 194C or 194H. The disallowance under Section 40(a)(ia) was considered incorrect, and the inclusion of the amount in the closing stock had no immediate tax impact. The Tribunal's decision aligned with past judgments in similar cases, supporting the appellant's stance. en-us Thu, 11 Feb 2016 00:00:00 +0530 Sat, 19 Mar 2016 08:56:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=325463 The Tribunal allowed the appeal, ruling in favor of the appellant. The payment to the consolidator was deemed genuine and not subject to TDS under Sections 194C or 194H. The disallowance under Section 40(a)(ia) was considered incorrect, and the inclusion of the amount in the closing stock had no immediate tax impact. The Tribunal's decision aligned with past judgments in similar cases, supporting the appellant's stance. Case-Laws Income Tax Thu, 11 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=325463