https://www.taxtmi.com/caselaws?id=218213 The Tribunal partially allowed the appeals of the assessees concerning the disallowance of TDS under section 40(a)(ia) of the Income Tax Act. Disallowance of Rs. 32,18,58,199 was deleted as TDS was deposited before the due date, while disallowance of Rs. 4,63,30,647 was partly confirmed. The Tribunal held that the retrospective amendment in section 40(a)(ia) did not apply if the entire TDS amount was paid before the due date, resulting in the deletion of the balance disallowance. The issue of interest charged under section 234B was considered consequential with no separate adjudication required. en-us Fri, 12 Oct 2012 00:00:00 +0530 Tue, 30 Oct 2012 18:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=218213 The Tribunal partially allowed the appeals of the assessees concerning the disallowance of TDS under section 40(a)(ia) of the Income Tax Act. Disallowance of Rs. 32,18,58,199 was deleted as TDS was deposited before the due date, while disallowance of Rs. 4,63,30,647 was partly confirmed. The Tribunal held that the retrospective amendment in section 40(a)(ia) did not apply if the entire TDS amount was paid before the due date, resulting in the deletion of the balance disallowance. The issue of interest charged under section 234B was considered consequential with no separate adjudication required. Case-Laws Income Tax Fri, 12 Oct 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=218213