https://www.taxtmi.com/caselaws?id=180095 Where tax was deducted under section 194C on hiring charges for barges or equipment, a short deduction arising from the Revenue's view that section 194-I applied did not attract disallowance under section 40(a)(ia). The Tribunal noted that section 40(a)(ia) applies when tax is not deducted, not where there is a bona fide difference on the applicable TDS provision. In such cases, the appropriate consequence is treatment of the assessee as in default under section 201 and recovery of any differential tax with interest, if payable. The deletion of the disallowance was upheld. en-us Fri, 10 Aug 2012 00:00:00 +0530 Wed, 16 Mar 2016 14:42:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=180095 Where tax was deducted under section 194C on hiring charges for barges or equipment, a short deduction arising from the Revenue's view that section 194-I applied did not attract disallowance under section 40(a)(ia). The Tribunal noted that section 40(a)(ia) applies when tax is not deducted, not where there is a bona fide difference on the applicable TDS provision. In such cases, the appropriate consequence is treatment of the assessee as in default under section 201 and recovery of any differential tax with interest, if payable. The deletion of the disallowance was upheld. Case-Laws Income Tax Fri, 10 Aug 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=180095