https://www.taxtmi.com/caselaws?id=368748 The Tribunal allowed the appeal of the assessee, ruling that the disallowance under section 40(a)(ia) was not applicable as the assessee was not liable to deduct tax at source under section 194C due to the receipt of the prescribed form from contractors. The Tribunal emphasized that the delay in filing the form did not create a TDS liability, leading to the deletion of the addition/disallowance made by the Assessing Officer. The decision highlighted the significance of complying with statutory obligations regarding tax deduction at source under the Income Tax Act. en-us Wed, 02 May 2018 00:00:00 +0530 Sat, 13 Oct 2018 15:06:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=368748 The Tribunal allowed the appeal of the assessee, ruling that the disallowance under section 40(a)(ia) was not applicable as the assessee was not liable to deduct tax at source under section 194C due to the receipt of the prescribed form from contractors. The Tribunal emphasized that the delay in filing the form did not create a TDS liability, leading to the deletion of the addition/disallowance made by the Assessing Officer. The decision highlighted the significance of complying with statutory obligations regarding tax deduction at source under the Income Tax Act. Case-Laws Income Tax Wed, 02 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=368748