https://www.taxtmi.com/caselaws?id=291373 The ITAT, Pune, dismissed the Revenue's appeal, upholding the relief granted by the CIT(A) to the assessee joint venture regarding non-deduction of TDS under section 194C. The Tribunal found that the issue was covered by previous decisions, and the strictures of section 40(a)(ia) were considered diluted as the payee disclosed the income for taxation. The decision favored the assessee for the assessment year 2013-14, maintaining that the payments to joint venture members were not subject to TDS, as previously ruled. The Revenue's appeal was dismissed, with the decision pronounced on June 26, 2019. en-us Wed, 26 Jun 2019 00:00:00 +0530 Wed, 13 Nov 2024 12:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=291373 The ITAT, Pune, dismissed the Revenue's appeal, upholding the relief granted by the CIT(A) to the assessee joint venture regarding non-deduction of TDS under section 194C. The Tribunal found that the issue was covered by previous decisions, and the strictures of section 40(a)(ia) were considered diluted as the payee disclosed the income for taxation. The decision favored the assessee for the assessment year 2013-14, maintaining that the payments to joint venture members were not subject to TDS, as previously ruled. The Revenue's appeal was dismissed, with the decision pronounced on June 26, 2019. Case-Laws Income Tax Wed, 26 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=291373