https://www.taxtmi.com/caselaws?id=443719 The appeal was filed against the disallowance of expenses for non-deduction of TDS under section 194C r.w.s. 40(a)(ia) of the Income Tax Act for the assessment year 2009-10. The ITAT Ahmedabad ruled in favor of the assessee, stating that TDS provisions do not apply to purchase and sale transactions, and directed the Assessing Officer to delete the addition of Rs. 16,15,291. The grounds challenging the assessment under section 144 r.w.s. 147 were dismissed as infructuous, and the appeal was partly allowed. en-us Wed, 27 Sep 2023 00:00:00 +0530 Sat, 30 Sep 2023 08:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=443719 The appeal was filed against the disallowance of expenses for non-deduction of TDS under section 194C r.w.s. 40(a)(ia) of the Income Tax Act for the assessment year 2009-10. The ITAT Ahmedabad ruled in favor of the assessee, stating that TDS provisions do not apply to purchase and sale transactions, and directed the Assessing Officer to delete the addition of Rs. 16,15,291. The grounds challenging the assessment under section 144 r.w.s. 147 were dismissed as infructuous, and the appeal was partly allowed. Case-Laws Income Tax Wed, 27 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=443719