https://www.taxtmi.com/caselaws?id=435809 The ITAT allowed the appellant's appeal, directing the deletion of the addition made under section 40(a)(ia) of the Act. It held that TDS deduction is required only at the time of payment, not when the provision accrues, based on the decision of the Hon'ble Delhi High Court. As there was no contrary binding decision provided by the Revenue, the ITAT ruled in favor of the appellant, emphasizing the requirement of TDS deduction at the time of payment in accordance with the Act and relevant judicial decisions. en-us Mon, 27 Mar 2023 00:00:00 +0530 Mon, 27 Mar 2023 15:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=435809 The ITAT allowed the appellant's appeal, directing the deletion of the addition made under section 40(a)(ia) of the Act. It held that TDS deduction is required only at the time of payment, not when the provision accrues, based on the decision of the Hon'ble Delhi High Court. As there was no contrary binding decision provided by the Revenue, the ITAT ruled in favor of the appellant, emphasizing the requirement of TDS deduction at the time of payment in accordance with the Act and relevant judicial decisions. Case-Laws Income Tax Mon, 27 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=435809