Due to the bonafide belief if a person does not deduct the tax ...
No disallowance u/s 40(a)(ia) if tax is not deducted due to genuine belief.
January 9, 2014
Case Laws Income Tax AT
Due to the bonafide belief if a person does not deduct the tax while making payment, then there can be no disallowance under section 40(a)(ia) of the Act - AT
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