https://www.taxtmi.com/caselaws?id=298908 The Tribunal ruled in favor of the assessee, dismissing the Revenue's appeals for both assessment years. It held that the provisions of Section 194C were not applicable retrospectively and that the disallowance under Section 40(a)(ia) was not justified due to the absence of a contractual relationship between the assessee and the lorry owners/drivers. The judgment was delivered on 25th April 2014 in Chennai. en-us Fri, 25 Apr 2014 00:00:00 +0530 Sat, 27 Nov 2021 08:45:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=298908 The Tribunal ruled in favor of the assessee, dismissing the Revenue's appeals for both assessment years. It held that the provisions of Section 194C were not applicable retrospectively and that the disallowance under Section 40(a)(ia) was not justified due to the absence of a contractual relationship between the assessee and the lorry owners/drivers. The judgment was delivered on 25th April 2014 in Chennai. Case-Laws Income Tax Fri, 25 Apr 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=298908