https://www.taxtmi.com/caselaws?id=374643 The appeal was partly allowed for statistical purposes. The disallowance of deduction claimed on payment of membership fee and expenditure on acquiring educational qualification was upheld due to lack of evidence linking them to business benefits. The treatment of income from properties was remanded for fresh adjudication. The disallowance under section 40(a)(i) was set aside as the payments were not subject to withholding tax. The matter of granting due credit for prepaid taxes and levying interest under sections 234B and 234C were allowed for statistical purposes. en-us Wed, 28 Nov 2018 00:00:00 +0530 Tue, 05 Feb 2019 11:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=374643 The appeal was partly allowed for statistical purposes. The disallowance of deduction claimed on payment of membership fee and expenditure on acquiring educational qualification was upheld due to lack of evidence linking them to business benefits. The treatment of income from properties was remanded for fresh adjudication. The disallowance under section 40(a)(i) was set aside as the payments were not subject to withholding tax. The matter of granting due credit for prepaid taxes and levying interest under sections 234B and 234C were allowed for statistical purposes. Case-Laws Income Tax Wed, 28 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=374643