Conflicting views of non-jurisdiction High Courts- Follow one in favour of Assessee

During the course of the assessment proceedings, the Assessing Officer disallowed a sum of Rs 6,48,456, being payment made to NBFCs on account of interest charges without deduction of tax at source, under section 40(a)(ia). Aggrieved, assessee carried the matter in appal, and relied upon, inter alia, Hon’ble Delhi High Court’s judgment in the case of CIT Vs Ansal Landmark Townships Pvt Ltd [(2015) 377 ITR 635 (Del)], but without any success. The assessee is not satisfied and is in further appeal before the Tribunal. We find that Hon’ble Delhi High Court has specifically approved the stan...