https://www.taxtmi.com/caselaws?id=272459 The Appellate Tribunal ITAT Kolkata dismissed the Revenue's appeal regarding the interpretation of u/s 40(a)(ia) of the Income Tax Act, 1961 for the assessment year 2005-06. The Tribunal held that the amendment made by the Finance Act, 2010 had retrospective effect, allowing for the deduction of TDS before the due date for filing returns under section 139(1). Relying on previous decisions, the Tribunal concluded that the disallowance of commission payment under section 40(a)(ia) was not applicable in this case. The appeal was thus dismissed on 29/02/2012. en-us Wed, 29 Feb 2012 00:00:00 +0530 Fri, 04 May 2018 10:34:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=272459 The Appellate Tribunal ITAT Kolkata dismissed the Revenue's appeal regarding the interpretation of u/s 40(a)(ia) of the Income Tax Act, 1961 for the assessment year 2005-06. The Tribunal held that the amendment made by the Finance Act, 2010 had retrospective effect, allowing for the deduction of TDS before the due date for filing returns under section 139(1). Relying on previous decisions, the Tribunal concluded that the disallowance of commission payment under section 40(a)(ia) was not applicable in this case. The appeal was thus dismissed on 29/02/2012. Case-Laws Income Tax Wed, 29 Feb 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=272459