https://www.taxtmi.com/caselaws?id=411475 The Court upheld the Department's contention that LIC had a statutory obligation to deduct tax at source for allowances granted to development officers under the Income Tax Act, 1961. The Court found that the impugned order was valid, as the expenses incurred by LIC for the development officers' duties qualified for deduction post-amendment to Section 10(14) of the Act. Due to discrepancies in LIC's procedures and failure to align with CBDT instructions, the Court dismissed the writ petition and vacated the interim order, directing the issuance of a certified copy of the judgment. en-us Tue, 24 Aug 2021 00:00:00 +0530 Wed, 25 Aug 2021 17:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=411475 The Court upheld the Department's contention that LIC had a statutory obligation to deduct tax at source for allowances granted to development officers under the Income Tax Act, 1961. The Court found that the impugned order was valid, as the expenses incurred by LIC for the development officers' duties qualified for deduction post-amendment to Section 10(14) of the Act. Due to discrepancies in LIC's procedures and failure to align with CBDT instructions, the Court dismissed the writ petition and vacated the interim order, directing the issuance of a certified copy of the judgment. Case-Laws Income Tax Tue, 24 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=411475