https://www.taxtmi.com/caselaws?id=410229 Year-end expense provisions that were not credited to identifiable payees because the amounts remained unquantified did not exempt the assessee from withholding-tax consequences where tax was later deducted when the liability crystallised and invoices were received. The assessee had also suo motu disallowed the expenditure under section 40(a)(ia) of the Income-tax Act, 1961 and paid interest under section 201(1A). On those facts, the ITAT found no infirmity in the withholding-tax treatment and no relief was granted against the impugned tax consequences. en-us Mon, 14 Jun 2021 00:00:00 +0530 Tue, 27 Jul 2021 13:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=410229 Year-end expense provisions that were not credited to identifiable payees because the amounts remained unquantified did not exempt the assessee from withholding-tax consequences where tax was later deducted when the liability crystallised and invoices were received. The assessee had also suo motu disallowed the expenditure under section 40(a)(ia) of the Income-tax Act, 1961 and paid interest under section 201(1A). On those facts, the ITAT found no infirmity in the withholding-tax treatment and no relief was granted against the impugned tax consequences. Case-Laws Income Tax Mon, 14 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=410229