No disallowance for non deduction of TDS on amount credited / Paid after receipt of Nil Rate Certificate

IN THE ITAT MUMBAI BENCH ‘F’ Underwater Services Co. versus Income-tax Officer, Ward 12(3)(4), Mumbai IT APPEAL NOS. 6894 & 7297 (MUM.) OF 2010 [ASSESSMENT YEAR 2007-08] JULY 6, 2012 ORDER R.S. Syal, Accountant Member These two cross appeals – one by the assessee and the other by the Revenue – arise out of the order passed by the Commissioner of Income-tax (Appeals) on 05.08.2010 in relation to the assessment year 2007-2008. Since common issues are raised in these appeals, we are, therefore, proceeding to dispose them off by this consolidated order ...