https://www.taxtmi.com/caselaws?id=384862 The Tribunal allowed the appeal, overturning lower authorities' decisions, emphasizing the importance of the recipient's accounting of income and compliance with TDS provisions. The judgment clarified that if the recipient accounts for income, the assessee cannot be deemed in default, avoiding disallowance under section 40(a)(ia) of the Income Tax Act. en-us Wed, 21 Aug 2019 00:00:00 +0530 Tue, 09 Aug 2022 16:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=384862 The Tribunal allowed the appeal, overturning lower authorities' decisions, emphasizing the importance of the recipient's accounting of income and compliance with TDS provisions. The judgment clarified that if the recipient accounts for income, the assessee cannot be deemed in default, avoiding disallowance under section 40(a)(ia) of the Income Tax Act. Case-Laws Income Tax Wed, 21 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=384862