https://www.taxtmi.com/caselaws?id=367803 The appeals filed by the Revenue were partly allowed for statistical purposes, and the cross objections by the assessee were dismissed. The Tribunal remitted the issues related to non-deduction of tax on royalty payments, hiring charges paid without TDS, and additions made towards concealed income back to the CIT(A) for fresh consideration. The judgment emphasized the need for verification of whether recipients declared and paid taxes on income before disallowing deductions under section 40(a)(ia). en-us Fri, 24 Aug 2018 00:00:00 +0530 Wed, 26 Sep 2018 08:48:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=367803 The appeals filed by the Revenue were partly allowed for statistical purposes, and the cross objections by the assessee were dismissed. The Tribunal remitted the issues related to non-deduction of tax on royalty payments, hiring charges paid without TDS, and additions made towards concealed income back to the CIT(A) for fresh consideration. The judgment emphasized the need for verification of whether recipients declared and paid taxes on income before disallowing deductions under section 40(a)(ia). Case-Laws Income Tax Fri, 24 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=367803