Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2022 (12) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2022 (12) TMI 649 - AT - Income TaxDisallowance of lower deduction of tax at source u/s 40(ia) - Default u/s 201(1) - HELD THAT:- We do not find any infirmity or error in the above findings and conclusion of the CIT (A). Moreover, the assessee has failed to give any reason for not fulfilling the conditions envisaged by Section 201(1) - The assessee has failed to deduct the TDS and also fail to fulfill the conditions as per Section 201 on the payment made to three entities. We are fully agree with the observation of the Ld.CIT (A) that the said expenses on account of payment made to three entities are not allowable as per provisions of Section 40(a) (ia) - Thus, we do not find any error in the action of the CIT(A) in upholding the disallowance made by the A.O. Accordingly, the grounds of appeal of the assessee are dismissed.
|