TMI BlogAddition u/s 40(a)(ia) - Non-deduction of TDS - year end provisions was made by assessee in respect of...Addition u/s 40(a)(ia) - Non-deduction of TDS - year end provisions was made by assessee in respect of expenses - As regards to the claim of the assessee that in subsequent Financial Year year-end provisions have been either reversed or paid subject to deduction of TDS, does not alter the legal position in so far as disallowance of expenses under section 40(a)(ia) for non-deduction of Tax at source. The law is very clear as per which TDS is required to be deducted when credit or payment whichever is earlier. - Addition confirmed - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
