https://www.taxtmi.com/caselaws?id=189604 The Tribunal upheld the disallowance under section 40(a)(ia) as the assessee failed to deduct TDS on provision for expenses, preventing double deductions. The applicability of the Percentage Completion Method was confirmed for recognizing income, with the provision for expenses attracting TDS liability under section 194C. The decision emphasized adherence to TDS regulations and avoiding duplicate deductions across assessment years, ultimately dismissing the appeal. en-us Wed, 06 Nov 2013 00:00:00 +0530 Wed, 19 Apr 2017 11:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=189604 The Tribunal upheld the disallowance under section 40(a)(ia) as the assessee failed to deduct TDS on provision for expenses, preventing double deductions. The applicability of the Percentage Completion Method was confirmed for recognizing income, with the provision for expenses attracting TDS liability under section 194C. The decision emphasized adherence to TDS regulations and avoiding duplicate deductions across assessment years, ultimately dismissing the appeal. Case-Laws Income Tax Wed, 06 Nov 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=189604