https://www.taxtmi.com/caselaws?id=464730 ITAT MUMBAI - AT held that year-end provisions for payments under Sections 194C/194J/194I booked to a general accrual account and reversed on the first day of the next year do not constitute credit to specific, identifiable vendors and therefore do not attract Chapter XVII-B TDS liability under ss. 201(1)/201(1A). The tribunal affirmed the CIT(A)'s findings that such provisions merely accrue expenses under s.145 and have not crystallized as payable; the revenue's grounds were dismissed. en-us Tue, 09 Sep 2025 00:00:00 +0530 Tue, 11 Nov 2025 19:01:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=464730 ITAT MUMBAI - AT held that year-end provisions for payments under Sections 194C/194J/194I booked to a general accrual account and reversed on the first day of the next year do not constitute credit to specific, identifiable vendors and therefore do not attract Chapter XVII-B TDS liability under ss. 201(1)/201(1A). The tribunal affirmed the CIT(A)'s findings that such provisions merely accrue expenses under s.145 and have not crystallized as payable; the revenue's grounds were dismissed. Case-Laws Income Tax Tue, 09 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=464730