https://www.taxtmi.com/caselaws?id=438694 The Supreme Court allowed the appeal, holding that the disallowance of Rs. 8,65,57,909 for failure to deduct tax at source was unsustainable. The Court clarified that the assessee was not liable to deduct tax at source for the reimbursement, overturning the Assessing Officer's decision to disallow the amount under section 40(a)(i). The Delhi High Court's initial ruling was upheld, and the disallowance was deleted. en-us Mon, 29 May 2023 00:00:00 +0530 Wed, 07 Jun 2023 08:51:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=438694 The Supreme Court allowed the appeal, holding that the disallowance of Rs. 8,65,57,909 for failure to deduct tax at source was unsustainable. The Court clarified that the assessee was not liable to deduct tax at source for the reimbursement, overturning the Assessing Officer's decision to disallow the amount under section 40(a)(i). The Delhi High Court's initial ruling was upheld, and the disallowance was deleted. Case-Laws Income Tax Mon, 29 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=438694