Allahabad HC puts life back into SB Judgement in Merilyn Shipping

The Hon’ble Allahabad HC in the case of CIT vs. Vector Shipping Services P. Ltd. decided on 09.07.2013 has laid down as under :

“It is to be noted that for disallowing expenses from business and profession on the ground that TDS has not been deducted, the amount should be payable and not which has been paid by the end of the year.”

To view complete judgement vector shipping