9911796707
TMI Blog2012 (1) TMI 296X X X X Extracts X X X X X X X X Extracts X X X X ..... is against the order of CIT(A) confirming the disallowance on account of delay of payment of TDS by invoking the provisions of section 40(a)(ia) of the Act for transport payments. For this, assessee raised following ground no. 1: "1. That the Hon'ble CIT(A) was wrong and unjustified in confirming the addition of ₹ 2,45,307/- on account of delay of payment of TDS." 3. Brief facts are that the assessee is an individual and filed its return of income for relevant AY 2006-07 on 30.10.2006 and assessee's case was selected for scrutiny assessment by issuing notice u/s. 143(2) of the Act. Assessment was framed by AO under section 143(3) of the Act by making disallowance on account of transportation charges of ₹ 2,45,307/- by invoking ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of Ahmedabad Bench "B" in ITA No. 3983/Ahd/2008 for AY 2005-06 dated 03.12.2010. Tribunal considered the amendment made in the provisions of section 40(a)(ia) of the Act by the Finance Act, 2010 as curative and remedial in nature by holding as under: "After hearing the rival submissions and on careful perusal of the materials available on record, keeping in view of the fact that though the Ld. D.R. submitted that the decisions of the Coordinate Benches are not binding and the Kolkata benches may take a different view, since Mumbai Bench after analyzing the provisions of section 40(a)(ia) since its inception and various amendments made to the same including the suggestion made by the Industry in the form of representation in their pre-budg ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 02/2006 was paid by the assessee in the months of July and August 2006 i.e. well before the due date of filing of its return of income for the year under consideration. This being the undisputed position, we hold that the disallowance made by the A.O. and confirmed by the learned CIT(A) on account of freight charges by invoking the provisions of section 40(a)(ia) is not sustainable as per the amendments made in the said provisions by the Finance Act, 2010 which, being remedial/curative in nature, have retrospective application", we find no reason to deviate from the decisions of the ITAT's Mumbai Bench and Ahmedabad Bench, in the absence of a contrary view, except the other benches decision or any other High Court. Therefore, respectfully f ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of the Supreme Court, this court cannot decide otherwise. Hence we dismiss the appeal without any order as to costs. 6. Once the issue is decided by Hon'ble jurisdictional High Court that the amendment in the provisions of section 40(a)(ia) of the Act by Finance Act, 2010 is remedial and curative in nature and TDS paid on or before the due date of filing of return u/s. 139(1) of the Act, deduction in respect to the amount on which TDS is so paid, is allowable. In the present case the assessee has paid TDS on 03.05.2006 and 07.04.2006 for the AY 2006-07 that means the TDS was paid before due date of filing of return u/s. 139(1) of the Act by the assessee, hence, we allow the claim of assessee. This issue of assessee's appeal is allowed. 7 ..... X X X X Extracts X X X X X X X X Extracts X X X X
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