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2018 (5) TMI 1481 - AT - Income TaxApplication of section 40(a)(ia) - additions made for expense common area maintenance and rent for non deduction of TDS - Held that:- if a person furnishes a declaration in writing in prescribed Form and verified in the prescribed manner to the effect that tax on his estimated total income is to be included in computing his total income will be nil there is no need to deduct tax - here assessee has not filed such Form 26A with Director General of Income Tax (Systems) or his authorised persons - thus penalty can be levied on assessee but no disallowance of the expenditure can be made u/s.40(a)(ia) - decided in favor of assessee.
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