https://www.taxtmi.com/caselaws?id=421132 The ITAT Chennai ruled in favor of the assessee in a case concerning the assessment of demand under sections 201(1) and 201(1A) for AY 2010-11. The dispute revolved around the withholding tax on international ocean freight charges paid to M/s Noble Chartering Inc. The tribunal found that the payments in question were made in a subsequent year, not during AY 2010-11 as claimed, rendering the demand invalid. The additional evidence provided by the assessee, including a certificate and an affidavit, supported this assertion, ultimately leading to the allowance of the appeal. en-us Tue, 22 Mar 2022 00:00:00 +0530 Mon, 18 Apr 2022 08:09:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=421132 The ITAT Chennai ruled in favor of the assessee in a case concerning the assessment of demand under sections 201(1) and 201(1A) for AY 2010-11. The dispute revolved around the withholding tax on international ocean freight charges paid to M/s Noble Chartering Inc. The tribunal found that the payments in question were made in a subsequent year, not during AY 2010-11 as claimed, rendering the demand invalid. The additional evidence provided by the assessee, including a certificate and an affidavit, supported this assertion, ultimately leading to the allowance of the appeal. Case-Laws Income Tax Tue, 22 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=421132