https://www.taxtmi.com/caselaws?id=361861 The appeal by the revenue challenging the disallowance under Sec. 40(a)(ia) of 'Channel Placement Fees' was dismissed. The Dispute Resolution Panel's decision to delete the disallowance, based on previous tribunal decisions and High Court rulings, was upheld. The Assessing Officer's proposal for disallowance due to the incorrect deduction of tax was overturned by the High Court and Tribunal, emphasizing the correct application of statutory provisions and legal principles. The judgment supported the assessee's position regarding tax deduction under Sec. 194C for 'Channel Placement Fees', leading to the dismissal of the revenue's appeal. en-us Fri, 08 Jun 2018 00:00:00 +0530 Thu, 14 Jun 2018 18:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=361861 The appeal by the revenue challenging the disallowance under Sec. 40(a)(ia) of 'Channel Placement Fees' was dismissed. The Dispute Resolution Panel's decision to delete the disallowance, based on previous tribunal decisions and High Court rulings, was upheld. The Assessing Officer's proposal for disallowance due to the incorrect deduction of tax was overturned by the High Court and Tribunal, emphasizing the correct application of statutory provisions and legal principles. The judgment supported the assessee's position regarding tax deduction under Sec. 194C for 'Channel Placement Fees', leading to the dismissal of the revenue's appeal. Case-Laws Income Tax Fri, 08 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=361861