https://www.taxtmi.com/caselaws?id=464063 ITAT allowed the challenge to an adhoc disallowance for purchases, finding that books and vouchers were produced, trading results accepted and the AO failed to point to any specific defect, so the addition was deleted. On disallowance u/s 40(a)(ia) for non-deduction of TDS u/s 194A on interest paid to a housing finance company, ITAT held the payee did not fall within the specified exempt category, but remitted the matter to the AO to verify whether the payee offered the interest to tax; AO to seek prescribed certificate by notice u/s 133(6) and proceed accordingly. en-us Mon, 14 Oct 2019 00:00:00 +0530 Tue, 30 Sep 2025 20:02:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=464063 ITAT allowed the challenge to an adhoc disallowance for purchases, finding that books and vouchers were produced, trading results accepted and the AO failed to point to any specific defect, so the addition was deleted. On disallowance u/s 40(a)(ia) for non-deduction of TDS u/s 194A on interest paid to a housing finance company, ITAT held the payee did not fall within the specified exempt category, but remitted the matter to the AO to verify whether the payee offered the interest to tax; AO to seek prescribed certificate by notice u/s 133(6) and proceed accordingly. Case-Laws Income Tax Mon, 14 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=464063