https://www.taxtmi.com/caselaws?id=188894 The Appellate Tribunal ITAT Hyderabad partially allowed the revenue's appeal, directing verification by the Assessing Officer (AO) on various aspects related to TDS exemptions and interest payments. The Tribunal held that for interest payments already made and not outstanding at year-end, section 40(a)(ia) provisions would not apply, following the special bench decision in Merilyn Shipping & Transports case. The decision emphasized the need for AO verification and was pronounced on 22nd July 2016. en-us Fri, 22 Jul 2016 00:00:00 +0530 Tue, 20 Dec 2016 09:43:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=188894 The Appellate Tribunal ITAT Hyderabad partially allowed the revenue's appeal, directing verification by the Assessing Officer (AO) on various aspects related to TDS exemptions and interest payments. The Tribunal held that for interest payments already made and not outstanding at year-end, section 40(a)(ia) provisions would not apply, following the special bench decision in Merilyn Shipping & Transports case. The decision emphasized the need for AO verification and was pronounced on 22nd July 2016. Case-Laws Income Tax Fri, 22 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=188894