https://www.taxtmi.com/caselaws?id=327053 The Tribunal ruled in favor of the assessee on all grounds, including disallowances under Section 40(a)(ia) for non-deduction of TDS on various payments. The Tribunal held that the transactions did not attract TDS based on the nature of relationships and established precedents. Additionally, the Tribunal upheld the CIT(A)'s decisions on the treatment of license fees and lease rental paid to IBM as revenue expenditures, dismissing the revenue's appeal. en-us Thu, 21 Apr 2016 00:00:00 +0530 Sun, 01 May 2016 20:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=327053 The Tribunal ruled in favor of the assessee on all grounds, including disallowances under Section 40(a)(ia) for non-deduction of TDS on various payments. The Tribunal held that the transactions did not attract TDS based on the nature of relationships and established precedents. Additionally, the Tribunal upheld the CIT(A)'s decisions on the treatment of license fees and lease rental paid to IBM as revenue expenditures, dismissing the revenue's appeal. Case-Laws Income Tax Thu, 21 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=327053