https://www.taxtmi.com/caselaws?id=194298 The ITAT upheld the deletion of disallowance under section 40(a)(ia) of the Income Tax Act for non-deduction of TDS, ruling in favor of the assessee. The ITAT considered the interpretation of the term "payable" and the importance of jurisdictional High Court decisions in resolving tax disputes. Despite the Department's appeal and citing conflicting judgments, the ITAT relied on the jurisdictional High Court's decision and previous interpretations to support the assessee's position, ultimately confirming the ld. CIT(A)'s order and dismissing the Department's grievance. en-us Thu, 25 Feb 2016 00:00:00 +0530 Mon, 04 Sep 2017 17:20:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=194298 The ITAT upheld the deletion of disallowance under section 40(a)(ia) of the Income Tax Act for non-deduction of TDS, ruling in favor of the assessee. The ITAT considered the interpretation of the term "payable" and the importance of jurisdictional High Court decisions in resolving tax disputes. Despite the Department's appeal and citing conflicting judgments, the ITAT relied on the jurisdictional High Court's decision and previous interpretations to support the assessee's position, ultimately confirming the ld. CIT(A)'s order and dismissing the Department's grievance. Case-Laws Income Tax Thu, 25 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=194298