https://www.taxtmi.com/caselaws?id=399883 The court upheld the Tribunal's decision, ruling in favor of the revenue in a case concerning the interpretation of Section 194J of the Income Tax Act. It directed the Assessing Officer to bifurcate payments only for services falling under the scope of professional fees, rejecting the assessee's argument that only fees for professional services are subject to tax deduction. The court partially allowed the appeal on the permissibility of bifurcation under Section 194J, quashing the Tribunal's directive. Additionally, the court ruled in favor of the revenue on the issue of interest computation under Section 201(1A) until the deductee's tax payment date. en-us Tue, 13 Oct 2020 00:00:00 +0530 Sat, 30 Jan 2021 11:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=399883 The court upheld the Tribunal's decision, ruling in favor of the revenue in a case concerning the interpretation of Section 194J of the Income Tax Act. It directed the Assessing Officer to bifurcate payments only for services falling under the scope of professional fees, rejecting the assessee's argument that only fees for professional services are subject to tax deduction. The court partially allowed the appeal on the permissibility of bifurcation under Section 194J, quashing the Tribunal's directive. Additionally, the court ruled in favor of the revenue on the issue of interest computation under Section 201(1A) until the deductee's tax payment date. Case-Laws Income Tax Tue, 13 Oct 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=399883