https://www.taxtmi.com/caselaws?id=311784 ITAT Delhi ruled in favor of the assessee on three issues. First, Section 80IC deduction cannot be disallowed in subsequent years when initially allowed after proper verification and facts remain unchanged, following Delhi HC precedent in Tata Communication case. Second, payments characterized as trade discounts rather than commission do not require TDS under Section 194H, thus no disallowance under Section 40(a)(ia) applies, citing Skol Breweries precedent. Third, delayed EPF deposits made before return filing due date are allowable, upholding CIT(A)'s deletion of addition per SC ruling in Vinay Cement Ltd. en-us Thu, 14 Nov 2019 00:00:00 +0530 Sat, 13 Jan 2024 08:34:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=311784 ITAT Delhi ruled in favor of the assessee on three issues. First, Section 80IC deduction cannot be disallowed in subsequent years when initially allowed after proper verification and facts remain unchanged, following Delhi HC precedent in Tata Communication case. Second, payments characterized as trade discounts rather than commission do not require TDS under Section 194H, thus no disallowance under Section 40(a)(ia) applies, citing Skol Breweries precedent. Third, delayed EPF deposits made before return filing due date are allowable, upholding CIT(A)'s deletion of addition per SC ruling in Vinay Cement Ltd. Case-Laws Income Tax Thu, 14 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=311784