https://www.taxtmi.com/caselaws?id=334428 The Tribunal held that the amendment to Section 40(a)(ia) of the Income Tax Act, 1961, introduced by the Finance Act, 2010, had retrospective effect. It also deemed the reopening of the assessment under Section 147/148 of the Act as valid. The Tribunal upheld the CIT(A)'s decision, directing the deletion of the disallowance made under Section 40(a)(ia) as the TDS was deposited before the due date for filing the return. The Revenue's appeal was dismissed. en-us Mon, 19 Sep 2016 00:00:00 +0530 Mon, 14 Nov 2016 11:19:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=334428 The Tribunal held that the amendment to Section 40(a)(ia) of the Income Tax Act, 1961, introduced by the Finance Act, 2010, had retrospective effect. It also deemed the reopening of the assessment under Section 147/148 of the Act as valid. The Tribunal upheld the CIT(A)'s decision, directing the deletion of the disallowance made under Section 40(a)(ia) as the TDS was deposited before the due date for filing the return. The Revenue's appeal was dismissed. Case-Laws Income Tax Mon, 19 Sep 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=334428