2026 (6) TMI 661

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....And Hon'ble Soundararajan K., Judicial Member For the Assessee : Shri Ketan Ved - CA For the Revenue : Dr. Divya K J - CIT ORDER PER PRASHANT MAHARISHI, VICE PRESIDENT: This appeal is filed by IQVA RDS (INDIA) PRIVATE LIMITED [formerly QUINTILES RESEARCH (INDIA) PVT. Ltd.], (the assessee / appellant) against the assessment order passed u/s. 143(3) r.w.s. 144C r.w.s. 92CA of the Inco....

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....,61,39,047 challenged by the assessee as per the revised Grounds of Appeal filed before us does not survive. 3. Thus, the only issues that remain is disallowance of Rs. 37,74,669 for disallowance of expenditure on account of non-deduction of tax at source and further disallowance u/s. 36(1)(va) for late payment of PF. The second issue is now squarely covered in favour of the Revenue by the deci....

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....arified that where the deductee has paid the taxes and settled the liability under VSVS, the corresponding consequential relief shall also be available to the debtor and the consequential relief for expenses shall available to such deductor. The ld. AR has vehemently stated that now the disallowance cannot be sustained in the hands of the assessee for the above reason. 5. The ld. DR, Dr. Divya ....