https://www.taxtmi.com/caselaws?id=357805 The ITAT Jaipur dismissed the revenue's Miscellaneous Application for rectification under Section 254(2), upheld the CIT(A)'s order on the applicability of TDS provisions under Section 194C, and confirmed that the second proviso to Section 40(a)(ia) should be applied retrospectively. The ITAT found no merit in the revenue's arguments and maintained that the disallowance under Section 40(a)(ia) should not apply if the recipient has duly accounted for the income and paid taxes. en-us Tue, 16 Jan 2018 00:00:00 +0530 Thu, 29 Mar 2018 11:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=357805 The ITAT Jaipur dismissed the revenue's Miscellaneous Application for rectification under Section 254(2), upheld the CIT(A)'s order on the applicability of TDS provisions under Section 194C, and confirmed that the second proviso to Section 40(a)(ia) should be applied retrospectively. The ITAT found no merit in the revenue's arguments and maintained that the disallowance under Section 40(a)(ia) should not apply if the recipient has duly accounted for the income and paid taxes. Case-Laws Income Tax Tue, 16 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=357805