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2015 (7) TMI 1219 - AT - Income TaxTDS u/s 194C - non deduction of tds - AO rejected the books of account of the assessee - Held that:- Hon'ble Allahabad High Court in the case of CIT vs. Banwari Lal Bansidhar ( 1997 (5) TMI 37 - ALLAHABAD High Court ) has taken a view that once the books of account are rejected then no other disallowances can be made which is a fact in this case. Besides, the assessee has demonstrated that taxes on the impugned job work charges were either paid by payees or they were not taxable in their hands. Therefore, there is no loss to the Revenue, this fact has not been disputed. Thus no disallowance is justified u/s 40(a)(ia) of the Act in this case of the assessee. Hence, the ground of the assessee is allowed.
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