ITAT deletes Disallowance for Non-Deduction of TDS on Transportation Charges

Cargo Handling Corporation Vs ITO (ITAT Kolkata) The case of Cargo Handling Corporation Vs ITO revolves around the disallowance made under section 40(a)(ia) of the Income Tax Act for non-deduction of TDS on transportation charges. The appellant, Cargo Handling Corporation, filed an appeal before ITAT Kolkata challenging the disallowance imposed by the Assessing Officer (AO). This article provides an analysis of the ITAT’s order and its interpretation of the provisions of section 40(a)(ia). Analysis: The appellant paid transportation charges to various parties, and the Assessing Officer d...