2014 (11) TMI 1058

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....ard Mrs. Bharucha in support of this Appeal. The Appeal challenges the order passed by the Tribunal on 7th March, 2012 in Income Tax Appeal No.3536/Mum/2011. The Assessment Year is 20072008. 2 The Appeal arose out of the order of the First Appellate Authority dated 15th February 2011. The only issue was disallowance of Rs. 56,03,210/under section 40(a)(ia) for the failure to deduct tax at sourc....

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....ee furnished the details. The amounts paid and summary thereof is noted and what the Assessing Officer, the First Appellate Authority and Tribunal found that TDS (Tax Deducted at Source) had not been remitted or there is no deduction in cases of third parties. The Tribunal noted the rival contentions and rendered a finding of fact by referring to the legal provisions that the risk and responsibili....