Deemed deduction of tax: non-deduction treated as paid on payee's return filing, altering proviso operation. Amendment adds a proviso deeming an assessee to have deducted and paid tax where tax was not deducted under Chapter XVII-B but the assessee is not treated as an assessee in default under the first proviso to sub-section (1) of section 201; the tax is deemed paid on the date the payee furnishes its return of income. It also omits the word 'resident' from the second proviso to sub-clause (ia).
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Provisions expressly mentioned in the judgment/order text.
Deemed deduction of tax: non-deduction treated as paid on payee's return filing, altering proviso operation.
Amendment adds a proviso deeming an assessee to have deducted and paid tax where tax was not deducted under Chapter XVII-B but the assessee is not treated as an assessee in default under the first proviso to sub-section (1) of section 201; the tax is deemed paid on the date the payee furnishes its return of income. It also omits the word "resident" from the second proviso to sub-clause (ia).
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