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2013 (2) TMI 54 - HC - Income TaxDisallowance made u/s.40(a)(ia) - CIT(A) deleted the addition - Held that:- Assessee had to make deduction before 31st March of the year in question and as long as such amounts were deposited before last date of filing of the return, requirements of law would be fulfilled. It was on this basis that tribunal was of the opinion that the assessee committed no wrong and was therefore, entitled to seek deduction of Rs.32,94,149/- from the income which amount the assesee had deducted from payments of contractors and had also deposited with Revenue before the last date of filing of the return - in favour of assessee.
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