Tribunal directed the Assessing Officer to verify whether the two concerns for the assessment year in question and have paid taxes thereon. If so, no deduction on the section 40(a)(ia) was warranted. (AY.2016-17)
United Teleservices Ltd. v. ACIT (2021)86 ITR 36 (SN) (Kol.)(Trib.)
S. 40(a)(ia) : Amounts not deductible-Deduction at source-Payees declaring payments in returns and paying tax thereon-AO was directed to verify and decide according to law.