https://www.taxtmi.com/caselaws?id=758487 Disallowance under section 40(a)(ia) on alleged non-deduction of tax at source was deleted where the assessee relied on the curative second proviso and the record supported its case that the payee had suffered tax consequences. An estimated disallowance from travelling, music party, service charges and production expenses was also deleted because the 20% cash-expense estimate lacked objective verification and rested on unsupported assumptions about defective vouchers. Claims relating to sub-contract payments and a further section 40(a)(ia) disallowance were remanded for fresh factual verification of genuineness, TDS compliance, and supporting evidence. The assessment was therefore partly deleted and partly sent back for recomputation. en-us Fri, 06 Sep 2024 00:00:00 +0530 Sat, 14 Sep 2024 08:24:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=758487 Disallowance under section 40(a)(ia) on alleged non-deduction of tax at source was deleted where the assessee relied on the curative second proviso and the record supported its case that the payee had suffered tax consequences. An estimated disallowance from travelling, music party, service charges and production expenses was also deleted because the 20% cash-expense estimate lacked objective verification and rested on unsupported assumptions about defective vouchers. Claims relating to sub-contract payments and a further section 40(a)(ia) disallowance were remanded for fresh factual verification of genuineness, TDS compliance, and supporting evidence. The assessment was therefore partly deleted and partly sent back for recomputation. Case-Laws Income Tax Fri, 06 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=758487