TDS u/s 194A - Non deduction of tax on interest paid on deposits ...

Case Laws Income Tax

September 19, 2022

TDS u/s 194A - Non deduction of tax on interest paid on deposits - DR has not objected for the same disallowance of 100% made by CIT(A) has been restricted to 30% in view of the amendment vide Finance Act 2014 to Section 40(a)(ia) - Accordingly, the disallowance made by the A.O in respect of defaulting payment of TDS is restricted to 30%. - AT

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TDS u/s 194A - Non deduction of tax on interest paid on deposits ...

Case Laws Income Tax

September 19, 2022

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