https://www.taxtmi.com/caselaws?id=402345 The Tribunal allowed the appeal, deleting the disallowance under Section 40(a)(ia) for non-deduction of tax at source for transporters with provided PAN. It emphasized the prospective application of the Finance Act, 2015 amendment, exempting the requirement of declaration from certain transport contractors. The Tribunal clarified that compliance with Section 194C(6) did not hinge on Section 194C(7) and directed verification of payments to specific transporters to ensure procedural adherence. en-us Fri, 04 Dec 2020 00:00:00 +0530 Wed, 30 Dec 2020 11:32:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=402345 The Tribunal allowed the appeal, deleting the disallowance under Section 40(a)(ia) for non-deduction of tax at source for transporters with provided PAN. It emphasized the prospective application of the Finance Act, 2015 amendment, exempting the requirement of declaration from certain transport contractors. The Tribunal clarified that compliance with Section 194C(6) did not hinge on Section 194C(7) and directed verification of payments to specific transporters to ensure procedural adherence. Case-Laws Income Tax Fri, 04 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=402345