https://www.taxtmi.com/caselaws?id=332044 The Court upheld the ITAT's decision to delete the additions made by the Assessing Officer for failing to deduct tax under Section 194 H of the Income Tax Act, 1961. It was determined that the payments to VEEPL were not subject to tax deduction at source under Section 194 H of the Act and disallowance under Section 40(a)(ia) of the Act. The Court found the transactions with VEEPL were consistent with previous cases, and no substantial question of law arose, leading to the dismissal of the appeal. en-us Wed, 13 Jul 2016 00:00:00 +0530 Thu, 08 Sep 2016 18:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=332044 The Court upheld the ITAT's decision to delete the additions made by the Assessing Officer for failing to deduct tax under Section 194 H of the Income Tax Act, 1961. It was determined that the payments to VEEPL were not subject to tax deduction at source under Section 194 H of the Act and disallowance under Section 40(a)(ia) of the Act. The Court found the transactions with VEEPL were consistent with previous cases, and no substantial question of law arose, leading to the dismissal of the appeal. Case-Laws Income Tax Wed, 13 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=332044