https://www.taxtmi.com/caselaws?id=277145 The Tribunal upheld the Commissioner's decision to delete an addition/disallowance of Rs. 36,57,034/- made by the Assessing Officer under section 40(a)(ia) of the Income Tax Act '61. The Commissioner determined that payments made to 7 parties were for the purchase of equipment/machinery and not subject to tax deduction, citing CBDT guidelines and a High Court decision. The Tribunal agreed, emphasizing that the transactions were for material supplied as per specifications, in line with a Punjab & Haryana High Court ruling. Consequently, the Tribunal dismissed the revenue's appeal, affirming the deletion of the addition by the Assessing Officer. en-us Thu, 15 Dec 2011 00:00:00 +0530 Tue, 27 Nov 2018 10:43:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=277145 The Tribunal upheld the Commissioner's decision to delete an addition/disallowance of Rs. 36,57,034/- made by the Assessing Officer under section 40(a)(ia) of the Income Tax Act '61. The Commissioner determined that payments made to 7 parties were for the purchase of equipment/machinery and not subject to tax deduction, citing CBDT guidelines and a High Court decision. The Tribunal agreed, emphasizing that the transactions were for material supplied as per specifications, in line with a Punjab & Haryana High Court ruling. Consequently, the Tribunal dismissed the revenue's appeal, affirming the deletion of the addition by the Assessing Officer. Case-Laws Income Tax Thu, 15 Dec 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=277145