https://www.taxtmi.com/caselaws?id=359315 The ITAT upheld the CIT(A)'s decision to delete the disallowance under section 40(a)(ia) of the Income Tax Act, 1961, based on the High Court's ruling that if tax deducted is deposited before the due date of filing the return, it should be credited in the same assessment year. However, the ITAT upheld the disallowance under section 40A(3) for cash payments to transporters, as the assessee failed to provide valid reasons for not using account payee cheques, resulting in the dismissal of both the Revenue's appeal and the assessee's cross objection. en-us Fri, 23 Mar 2018 00:00:00 +0530 Wed, 25 Apr 2018 17:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=359315 The ITAT upheld the CIT(A)'s decision to delete the disallowance under section 40(a)(ia) of the Income Tax Act, 1961, based on the High Court's ruling that if tax deducted is deposited before the due date of filing the return, it should be credited in the same assessment year. However, the ITAT upheld the disallowance under section 40A(3) for cash payments to transporters, as the assessee failed to provide valid reasons for not using account payee cheques, resulting in the dismissal of both the Revenue's appeal and the assessee's cross objection. Case-Laws Income Tax Fri, 23 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=359315