https://www.taxtmi.com/caselaws?id=441898 The Tribunal dismissed the grounds concerning ESOP provisions and discounts offered to dealers, affirming the CIT(A)'s decisions. It ruled that tax on ESOP provisions is deductible at the time of share allotment, and discounts to dealers are rebates, not commissions, thus not subject to TDS. Regarding year-end provisions, the Tribunal partially allowed the appeal, directing the AO to calculate interest under section 201(1A) due to delayed TDS deduction, as the provisions were made on a reasonable basis and payees were identified. All six appeals were resolved in a similar manner, leading to a partial allowance of the appeals. en-us Wed, 16 Aug 2023 00:00:00 +0530 Tue, 26 Nov 2024 16:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=441898 The Tribunal dismissed the grounds concerning ESOP provisions and discounts offered to dealers, affirming the CIT(A)'s decisions. It ruled that tax on ESOP provisions is deductible at the time of share allotment, and discounts to dealers are rebates, not commissions, thus not subject to TDS. Regarding year-end provisions, the Tribunal partially allowed the appeal, directing the AO to calculate interest under section 201(1A) due to delayed TDS deduction, as the provisions were made on a reasonable basis and payees were identified. All six appeals were resolved in a similar manner, leading to a partial allowance of the appeals. Case-Laws Income Tax Wed, 16 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=441898