https://www.taxtmi.com/caselaws?id=286102 The ITAT dismissed the Revenue's appeal, upholding the deletion of the addition made by the Assessing Officer. The ITAT found that the assessee, acting as an agent, was not required to deduct TDS on payments to truck owners as they had collected Form 15-I before making payments, meeting the requirements of section 194-C. The ITAT emphasized that procedural formalities did not impact the deductibility of tax under section 40(a)(ia), ultimately ruling in favor of the assessee. en-us Tue, 03 Sep 2019 00:00:00 +0530 Wed, 12 Feb 2020 12:08:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=286102 The ITAT dismissed the Revenue's appeal, upholding the deletion of the addition made by the Assessing Officer. The ITAT found that the assessee, acting as an agent, was not required to deduct TDS on payments to truck owners as they had collected Form 15-I before making payments, meeting the requirements of section 194-C. The ITAT emphasized that procedural formalities did not impact the deductibility of tax under section 40(a)(ia), ultimately ruling in favor of the assessee. Case-Laws Income Tax Tue, 03 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=286102