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Income Tax - Highlights / Catch Notes

Home Highlights April 2013 Year 2013 This

If there is any shortfall due to any difference of opinion the ...


Assessee in Default Possible u/s 201 for Shortfall, But No Disallowance u/s 40(a)(ia) Allowed.

April 16, 2013

Case Laws     Income Tax     AT

If there is any shortfall due to any difference of opinion the assessee can be declared to be an assessee in default u/s. 201 but no disallowance u/s 40(a)(ia) is allowed - AT

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