https://www.taxtmi.com/caselaws?id=396129 The ITAT partially allowed the appeal filed by the individual assessee, directing the deletion of disallowance for payments below a specified threshold and restricting the disallowance to 30% of expenses for payments exceeding that threshold. The judgment emphasized the curative nature of the amendment to section 40(a)(ia) of the Act and highlighted the importance of TDS compliance in transactions involving commission payments. en-us Thu, 18 Jun 2020 00:00:00 +0530 Mon, 28 Dec 2020 16:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=396129 The ITAT partially allowed the appeal filed by the individual assessee, directing the deletion of disallowance for payments below a specified threshold and restricting the disallowance to 30% of expenses for payments exceeding that threshold. The judgment emphasized the curative nature of the amendment to section 40(a)(ia) of the Act and highlighted the importance of TDS compliance in transactions involving commission payments. Case-Laws Income Tax Thu, 18 Jun 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=396129