https://www.taxtmi.com/caselaws?id=186894 The Tribunal allowed the appeal of the assessee in a case concerning the disallowance of freight charges under section 40(a)(ia) of the Act for the assessment year 2009-2010. The Tribunal relied on judicial precedents emphasizing the fulfillment of conditions under Section 194C(3) to cease the liability to deduct tax at source, thereby concluding that the disallowance was unwarranted. The decision aligned with the interpretation that once the necessary declaration forms are filed, the liability to deduct tax on payments to subcontractors does not arise, leading to the allowance of the assessee's claim. en-us Wed, 09 Dec 2015 00:00:00 +0530 Tue, 04 Oct 2016 11:14:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=186894 The Tribunal allowed the appeal of the assessee in a case concerning the disallowance of freight charges under section 40(a)(ia) of the Act for the assessment year 2009-2010. The Tribunal relied on judicial precedents emphasizing the fulfillment of conditions under Section 194C(3) to cease the liability to deduct tax at source, thereby concluding that the disallowance was unwarranted. The decision aligned with the interpretation that once the necessary declaration forms are filed, the liability to deduct tax on payments to subcontractors does not arise, leading to the allowance of the assessee's claim. Case-Laws Income Tax Wed, 09 Dec 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=186894