TDS to be deducted on amount of actual payment and not on provision made

Cognizant Technology Solutions India Private Limited Vs DCIT (ITAT Chennai) ITAT Chennai held that liability to deduct Tax Deduction at Source [TDS] arise only on the amount of actual payment and not on the provision made. Accordingly, TDS liability reduced to that extent and appeal partly allowed. Facts- Post survey, AO found non-deduction of TDS on certain expenses as on 31.03.2015. AO was of the opinion that no TDS was deducted on total amount of expenditure of ₹.27,87,89,271/-. The assessee explained that out of said amount, only ₹.14,36,15,237/- is subjected to TDS subsequently and no...