https://www.taxtmi.com/caselaws?id=356036 The Tribunal partially allowed the Revenue's appeal, upholding a partial disallowance of &8377; 12,99,559 under Section 40(a)(ia) of the Income Tax Act, 1961 for failure to comply with conditions specified in Section 194C(6). The Tribunal clarified that non-compliance with Section 194C(7) does not attract disallowance under Section 40(a)(ia) and emphasized the independence of Sections 194C(6) and 194C(7) in TDS compliance matters. Compliance with statutory requirements for TDS deduction, including furnishing PAN details, was highlighted as crucial based on precedents from various Tribunal benches. en-us Wed, 21 Feb 2018 00:00:00 +0530 Fri, 23 Feb 2018 06:03:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=356036 The Tribunal partially allowed the Revenue's appeal, upholding a partial disallowance of &8377; 12,99,559 under Section 40(a)(ia) of the Income Tax Act, 1961 for failure to comply with conditions specified in Section 194C(6). The Tribunal clarified that non-compliance with Section 194C(7) does not attract disallowance under Section 40(a)(ia) and emphasized the independence of Sections 194C(6) and 194C(7) in TDS compliance matters. Compliance with statutory requirements for TDS deduction, including furnishing PAN details, was highlighted as crucial based on precedents from various Tribunal benches. Case-Laws Income Tax Wed, 21 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=356036