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2021 (10) TMI 875 - AT - Income TaxDisallowance of expenditure incurred on account of provisions for advertisement expenses u/s. 40A(IA) - whether CIT(A) erred in allowing relief on expenditure which has neither been ascertain or crystallized during the year and nor was the TDS deducted during the year? - HELD THAT:- CIT(A) has given a clear cut finding wherein it is categorically mentioned that the Assessing Officer never disputed the fact of deposit of tax deducted at source before the due date of filing the Income Tax Return for the subject year. CIT(A) rightly held that once the AO was directed to verify the amount on which tax has been paid before the due date of filing the return of income and allow the same in the first round of appeal before the Tribunal. AO was not right in disallowing the deduction under Section 40(a)(ia) of the Act for failure to deduct and deposit the tax at source. Hence, there is no need to interfere with the finding of the CIT(A). Hence, appeal of the Revenue is dismissed. Appeal of the Revenue is dismissed.
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