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2014 (1) TMI 76 - ITAT DELHIDeletion of Payments made to subcontractors – Non-desposition of TDS u/s 40(a)(ia) of the Act – Held that:- The DR has not disputed the point that the assessee has made required deduction of TDS on the payments made to the sub-contractor on or before 31.3.2008 and the same was deposited to the exchequer on 10.04.2008 - TDS has been deducted on the last day i.e. 31.3.2008 by the assessee on the payment made to the sub-contractor and subsequently, it was deposited to the exchequer on 10th April, 2008 - the Commissioner of Income Tax(A) rightly held that the Assessing Officer was not justified in making disallowance u/s 40(a)(ia) of the Act as the appellant had deducted the TDS on 31.03.2008 and deposited the same on 10.04.2008 i.e. within time – there was no reason to see any perversity or any other valid reason to interfere with the order – Decided against Revenue.
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