Amounts already paid without TDS cannot be disallowed- Merilyn Shipping followed

Contention of the Assessee- Provision of Sec. 40(a)(ia) shall apply only in respect of the amounts payable at the end of the year and shall not apply on the amounts actually paid by the appellant during the year. Contention of the Revenue– Ld. DR submitted that disallowance has to be made irrespective of the fact that whether payment is made during the year or not and for this purpose Ld. DR has relied upon the decision of Mumbai Tribunal in the case of ITO vs. Pratibhuti Viniyog Ltd. order dated 22/08/2014 in ITA No.1689/Mum/2011. We have heard both the parties and their contentions ha...