Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2015 (10) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2015 (10) TMI 68 - AT - Income TaxDisallowance u/s 40 (a)(ia) - short deduction of TDS - CIT(A) deleted the disallowance - Held that:- Section 40(a)(ia) does not envisage a situation where there was short deduction / lesser deduction as in case of section 201(1A) of the Act. There is an obvious omission to include short deduction / lesser deduction in section 40(a)(ia) of the Act. Therefore, this Tribunal is of the considered opinion that in case of short / lesser deduction of tax, the entire expenditure whose genuineness was not doubted by the assessing officer, cannot be disallowed. Accordingly, the entire disallowance is deleted. See case of S.K. Tekriwal [2012 (12) TMI 873 - CALCUTTA HIGH COURT] - Decided in favour of assessee.
|