https://www.taxtmi.com/caselaws?id=445309 The Tribunal upheld the decision of the CIT(A), confirming that payments made by the assessee to dairies for processing milk fall under section 194C, with a 2% TDS rate, rather than section 194J's 10% rate. It ruled that section 40(a)(ia) does not apply to short deductions of TDS, only to non-deductions. Thus, the disallowance by the Assessing Officer for short TDS deduction was deleted. The Tribunal dismissed the appeal, finding no substantial question of law, and maintained the decisions on TDS classification and the non-applicability of section 40(a)(ia). en-us Mon, 25 Sep 2023 00:00:00 +0530 Thu, 11 Jan 2024 12:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=445309 The Tribunal upheld the decision of the CIT(A), confirming that payments made by the assessee to dairies for processing milk fall under section 194C, with a 2% TDS rate, rather than section 194J's 10% rate. It ruled that section 40(a)(ia) does not apply to short deductions of TDS, only to non-deductions. Thus, the disallowance by the Assessing Officer for short TDS deduction was deleted. The Tribunal dismissed the appeal, finding no substantial question of law, and maintained the decisions on TDS classification and the non-applicability of section 40(a)(ia). Case-Laws Income Tax Mon, 25 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=445309