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2018 (3) TMI 1175 - AT - Income TaxAddition on accrued interest of Non Performing Asset accounts - Held that:- As we have principally decided the issue in favour of the assessee in the case of THE BULDHANA DISTRICT CENTRAL COOP. BANK LTD. vs DCIT (2018 (3) TMI 1100 - ITAT NAGPUR) 1726003, respectfully following the same, we direct the AO to re-compute the overdue interest and accrued interest on NPAs according. Disallowance of deduction u/s 40(a)(ia) for short deduction of TDS - Held that:- this issue is covered in favour of the assessee and against the Revenue by the decision in the case of CIT vs S.K.Tekriwal [2012 (12) TMI 873 - CALCUTTA HIGH COURT] wherein it is held that no disallowance u/s 40(a)(ia) of the Act can be made wherever short deduction of TDS is made. As no disallowance can be made for short deduction of TDS, we direct the AO to verify that the assessee has deducted TDS but may be short. Short deduction does not given any right to AO to disallow the expenses for short deduction. - Decided in favour of assessee
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