https://www.taxtmi.com/caselaws?id=348532 The ITAT partially allowed the appeal, directing the AO to verify TDS deduction for disallowance under Section 40(a)(ia), setting aside disallowance under Section 36(1)(viia) based on retrospective application, and reversing penalty initiation under Section 271(1)(c) due to lack of evidence. The judgment emphasized adherence to legal provisions, judicial decisions, and the burden of proof in penalty cases. en-us Mon, 11 Sep 2017 00:00:00 +0530 Sat, 23 Sep 2017 10:40:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=348532 The ITAT partially allowed the appeal, directing the AO to verify TDS deduction for disallowance under Section 40(a)(ia), setting aside disallowance under Section 36(1)(viia) based on retrospective application, and reversing penalty initiation under Section 271(1)(c) due to lack of evidence. The judgment emphasized adherence to legal provisions, judicial decisions, and the burden of proof in penalty cases. Case-Laws Income Tax Mon, 11 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=348532