ITAT Upholds No TDS Liability for Patel Engineering Ltd, Confirms Deletion of Disallowance u/s 40(a)(ia) [Read Order]

The tribunal noted that the JV had effectively ceased to exist as a separate entity for tax purposes
By Saagarika Gopinath - On March 7, 2025 7:51 am - 2 mins read
ITAT Upholds - TDS Liability - Disallowance - taxscan

The Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) ruled in favor of Patel Engineering Ltd. and upheld that the company is not liable for Tax Deducted at Source ( TDS ) and confirmed the deletion of disallowance under Section 40(a)(ia) of the Income Tax Act, 1961.  One of the grounds raised…

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