https://www.taxtmi.com/caselaws?id=304569 The Tribunal allowed the appeal, ruling in favor of the software development company, holding that the proviso to section 40(a)(ia) had retrospective effect from 01.04.2005. The decision emphasized that as long as the deductee paid taxes on the income subject to TDS, no disallowance should occur under section 40(a)(ia). This outcome aimed to ensure the taxation of the entire income and prevent unnecessary disputes. en-us Thu, 07 Jul 2016 00:00:00 +0530 Thu, 06 Oct 2022 23:18:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=304569 The Tribunal allowed the appeal, ruling in favor of the software development company, holding that the proviso to section 40(a)(ia) had retrospective effect from 01.04.2005. The decision emphasized that as long as the deductee paid taxes on the income subject to TDS, no disallowance should occur under section 40(a)(ia). This outcome aimed to ensure the taxation of the entire income and prevent unnecessary disputes. Case-Laws Income Tax Thu, 07 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=304569