https://www.taxtmi.com/caselaws?id=328925 The ITAT partly allowed the assessee's appeal against the CIT(A)'s order for the assessment year 2006-07, particularly on the issue of non-deduction of tax at source on shipping expenses to clearing and forwarding agents. The ITAT ruled in favor of the assessee, citing Section 172 of the Income Tax Act and relevant precedents to cancel the demand raised by the AO. Additionally, the ITAT dismissed the Department's cross-appeal regarding non-deduction of tax on dividend transfers to sister concerns, upholding the CIT(A)'s decision that TDS was not applicable in this situation. en-us Tue, 22 Mar 2016 00:00:00 +0530 Tue, 14 Jun 2016 16:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=328925 The ITAT partly allowed the assessee's appeal against the CIT(A)'s order for the assessment year 2006-07, particularly on the issue of non-deduction of tax at source on shipping expenses to clearing and forwarding agents. The ITAT ruled in favor of the assessee, citing Section 172 of the Income Tax Act and relevant precedents to cancel the demand raised by the AO. Additionally, the ITAT dismissed the Department's cross-appeal regarding non-deduction of tax on dividend transfers to sister concerns, upholding the CIT(A)'s decision that TDS was not applicable in this situation. Case-Laws Income Tax Tue, 22 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=328925