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2018 (12) TMI 1550 - AT - Income TaxLate deposit of TDS u/s 40(a)(ia) - whether TDS was deposited before the due date of filing of income tax return as specified u/s 139 - Held that:- It is settled law that no disallowance can be made on account of non-deduction of TDS u/s 40(a)(ia) of the Act if the same is deposited on or before the due date of the filing of income tax return. In this regard, we find guidance and support from the judgment of High Court of Gujarat in the case of CIT vs. BMS Products Pvt. Ltd. [2014 (4) TMI 242 - GUJARAT HIGH COURT]. The assessee has made sufficient compliance by depositing the amount of TDS within the due date of filing income tax return as specified u/s 139(1) of the Act. - Decided in favour of assessee.
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