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Income Tax - Highlights / Catch Notes

Home Highlights January 2014 Year 2014 This

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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