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2010 (10) TMI 575 - HC - Income TaxRevision u/s 263 - disallowance u/s 40A(3) - in the course of revision of assessments being considered by the Assessing Officer based on the orders of the Commissioner under section 263, the assessee can produce proof and claim eligible benefit under the provisions of the Act and Rules - So far as the validity of the orders issued under section 263 for considering the disallowance under section 40(a)(ia) also we feel the finding of the Tribunal is correct because the basis adopted by the Tribunal for upholding section 263 order in the case of section 40A(3) applies to this case as well inasmuch as the assessee has not deducted any tax payable in terms of the above provision on the payment to transport contractors - Decided against the assessee
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