https://www.taxtmi.com/highlights?id=60732 Disallowance u/s 40(a)(ia) - the TDS provisions will be applicable only when the services are utilized, respective payments made directly to the service provider. In this case, assessee is only the observer and the respective payments were made by the bank and recovered from the assessee. Therefore, provisions of section 40(a)(ia) of the Act is not applicable in the present case. - AT en-us Thu, 02 Dec 2021 12:44:41 +0530 Thu, 02 Dec 2021 12:44:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=60732 Disallowance u/s 40(a)(ia) - the TDS provisions will be applicable only when the services are utilized, respective payments made directly to the service provider. In this case, assessee is only the observer and the respective payments were made by the bank and recovered from the assessee. Therefore, provisions of section 40(a)(ia) of the Act is not applicable in the present case. - AT Highlights Income Tax Thu, 02 Dec 2021 12:44:41 +0530 https://www.taxtmi.com/highlights?id=60732