https://www.taxtmi.com/caselaws?id=181384 The Tribunal upheld the CIT(A)'s decision, ruling in favor of the assessee on all issues. It found that Section 194C of the IT Act was not applicable due to lack of evidence of a continuous contract, and valid evidence supported non-deduction of TDS. Additionally, it held that Section 40(a)(ia) applied to both paid and payable amounts, and disallowed freight expenses not claimed in the P&L account. The Tribunal dismissed both parties' appeals, affirming the CIT(A)'s order as detailed and well-reasoned. en-us Fri, 07 May 2010 00:00:00 +0530 Sat, 16 Apr 2016 10:14:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=181384 The Tribunal upheld the CIT(A)'s decision, ruling in favor of the assessee on all issues. It found that Section 194C of the IT Act was not applicable due to lack of evidence of a continuous contract, and valid evidence supported non-deduction of TDS. Additionally, it held that Section 40(a)(ia) applied to both paid and payable amounts, and disallowed freight expenses not claimed in the P&L account. The Tribunal dismissed both parties' appeals, affirming the CIT(A)'s order as detailed and well-reasoned. Case-Laws Income Tax Fri, 07 May 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=181384