https://www.taxtmi.com/caselaws?id=297835 The Tribunal allowed the appellant's appeal for the assessment year 2009-10, holding that the appellant should not be treated as 'an assessee in default' under section 201(1) of the Act for non-deduction of TDS on professional and legal fees. Relying on precedents and legal provisions, the Tribunal emphasized the retrospective effect of the second proviso to section 40(a)(ia) and the importance of ensuring tax compliance by the payee. The decision aligned with the Delhi High Court's stance, emphasizing that disallowance under section 40(a)(ia) should not apply if the payee has fulfilled tax obligations, ultimately ruling in favor of the appellant. en-us Wed, 03 Apr 2019 00:00:00 +0530 Fri, 24 Sep 2021 07:18:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=297835 The Tribunal allowed the appellant's appeal for the assessment year 2009-10, holding that the appellant should not be treated as 'an assessee in default' under section 201(1) of the Act for non-deduction of TDS on professional and legal fees. Relying on precedents and legal provisions, the Tribunal emphasized the retrospective effect of the second proviso to section 40(a)(ia) and the importance of ensuring tax compliance by the payee. The decision aligned with the Delhi High Court's stance, emphasizing that disallowance under section 40(a)(ia) should not apply if the payee has fulfilled tax obligations, ultimately ruling in favor of the appellant. Case-Laws Income Tax Wed, 03 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=297835