https://www.taxtmi.com/caselaws?id=181998 The Tribunal upheld the CIT(A)'s decision to delete the disallowance under section 40(ia) read with section 194C(2) of the Income-tax Act, 1961, amounting to Rs. 12,31,511/-, citing the assessee's role as an agent for vehicle owners. Additionally, the Tribunal supported the deletion of the Rs. 1,76,643/- addition due to accounting system differences, finding the reconciliation justified. The Revenue's appeal was dismissed, affirming the CIT(A)'s order on both issues, with the decision announced on 04.02.2011. en-us Fri, 04 Feb 2011 00:00:00 +0530 Fri, 29 Apr 2016 11:37:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=181998 The Tribunal upheld the CIT(A)'s decision to delete the disallowance under section 40(ia) read with section 194C(2) of the Income-tax Act, 1961, amounting to Rs. 12,31,511/-, citing the assessee's role as an agent for vehicle owners. Additionally, the Tribunal supported the deletion of the Rs. 1,76,643/- addition due to accounting system differences, finding the reconciliation justified. The Revenue's appeal was dismissed, affirming the CIT(A)'s order on both issues, with the decision announced on 04.02.2011. Case-Laws Income Tax Fri, 04 Feb 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=181998