https://www.taxtmi.com/caselaws?id=294238 The Tribunal upheld the CIT(A)'s decision to delete the addition under section 40a(ia) for TDS not deposited within the due date, citing retrospective application of the relevant amendment. The disallowance for interest charged was also deleted as revenue expenditures. The reassessment proceedings under section 147 were upheld. However, the addition for TDS not deducted was not sustained due to timely TDS deposit. The Revenue's appeal was dismissed, and the assessee's cross objection was partially allowed. en-us Mon, 14 Jan 2013 00:00:00 +0530 Tue, 30 Mar 2021 14:53:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=294238 The Tribunal upheld the CIT(A)'s decision to delete the addition under section 40a(ia) for TDS not deposited within the due date, citing retrospective application of the relevant amendment. The disallowance for interest charged was also deleted as revenue expenditures. The reassessment proceedings under section 147 were upheld. However, the addition for TDS not deducted was not sustained due to timely TDS deposit. The Revenue's appeal was dismissed, and the assessee's cross objection was partially allowed. Case-Laws Income Tax Mon, 14 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=294238