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2019 (9) TMI 541 - AT - Income TaxDisallowance u/s. 40(a)(ia) for want of deduction of tax at source as per statutory provisions - deduction of TDS at 2% instead of 10% - HELD THAT:- Assessee has suffered impugned disallowance u/s 40(a)(ia) for want of deduction of tax at source at higher rate i.e. 10%. It is undisputed fact that the assessee has deducted tax @2% and the additions have been made for short-deduction of tax as per Section 40(a)(ia). We find that the facts of the present case are squarely covered by the cited decision of this Tribunal rendered in ACIT Vs. M/s T.V.Vision Ltd. [2018 (2) TMI 1923 - ITAT MUMBAI] wherein the co-ordinate bench, after considering various decisions, decided the issue in assessee’s favour.
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