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Income Tax - Highlights / Catch Notes

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Disallowance u/s 40(a)(ia) - shortfall in deduction of tax at ...


Section 40(a)(ia) Disallowance Inapplicable for TDS Shortfall Due to Interpretation Differences in Tax Obligations.

May 29, 2021

Case Laws     Income Tax     AT

Disallowance u/s 40(a)(ia) - shortfall in deduction of tax at source due to difference in opinion - no disallowance could be made by invoking provisions of section 40(a)(ia) of the Act, if there is any short fall in the action of tax at source due to difference of understanding our opinion as to the taxability of any item or nature of payment falling under various TDS provisions - AT

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