https://www.taxtmi.com/caselaws?id=425905 The High Court affirmed the Tribunal's decision that the reopening of the assessment beyond four years was invalid as the material facts were disclosed and TDS was deposited on time. It held that the retrospective amendment to Section 40(a)(ia) applied for AY 2005-06, preventing disallowance if TDS was deposited timely. The claim of double deduction was rejected due to lack of evidence. The appeal was dismissed without costs, as no substantial legal questions were raised. en-us Fri, 29 Jul 2022 00:00:00 +0530 Wed, 03 Aug 2022 08:56:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=425905 The High Court affirmed the Tribunal's decision that the reopening of the assessment beyond four years was invalid as the material facts were disclosed and TDS was deposited on time. It held that the retrospective amendment to Section 40(a)(ia) applied for AY 2005-06, preventing disallowance if TDS was deposited timely. The claim of double deduction was rejected due to lack of evidence. The appeal was dismissed without costs, as no substantial legal questions were raised. Case-Laws Income Tax Fri, 29 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=425905