Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2012 (8) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2012 (8) TMI 1102 - AT - Income TaxDisallowance u/s 40(a)(ia) - non deduction of tax on a payment of rent made to one Sh. Irfan Ahged Narwaroo - Held that:- Section 40(a)(ia) is applicable only to expenditure which is payable as on 31st March of every year and cannot be invoked to disallow the amounts which have already been paid during the year previous year without deducting tax at source. AO is not justified in disallowing the expenditure. Accordingly, the order of the Ld. CIT(A) is reversed. Thus, all the grounds of the assessee are allowed.
|