https://www.taxtmi.com/caselaws?id=307337 The Tribunal partially allowed the assessee's appeal, remitting the matter back to the Assessing Officer for verification of tax payment by the warehousing corporations. The Tribunal upheld the disallowance of expenses under section 40(a)(ia) for non-deduction of tax at source on payments made to warehousing corporations but allowed the assessee to produce evidence regarding tax payment by the corporations. The case outcome resulted in the matter being sent back for further verification based on the second proviso to section 40(a)(ia) inserted by the Finance Act, 2012. en-us Thu, 26 Apr 2018 00:00:00 +0530 Fri, 07 Apr 2023 08:40:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=307337 The Tribunal partially allowed the assessee's appeal, remitting the matter back to the Assessing Officer for verification of tax payment by the warehousing corporations. The Tribunal upheld the disallowance of expenses under section 40(a)(ia) for non-deduction of tax at source on payments made to warehousing corporations but allowed the assessee to produce evidence regarding tax payment by the corporations. The case outcome resulted in the matter being sent back for further verification based on the second proviso to section 40(a)(ia) inserted by the Finance Act, 2012. Case-Laws Income Tax Thu, 26 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=307337