Failure to Deduct Full TDS May Lead to Default Status u/s 201, But No Disallowance u/s 40(a)(ia).

If there is any shortfall in deducting TDS, the assessee can be declared to be an assessee in default u/s 201 and no disallowance can be made by invoking the provisions of section 40(a)(ia) - AT .....

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