https://www.taxtmi.com/caselaws?id=191671 The Appellate Tribunal ITAT Pune upheld the CIT(A)'s decision to delete an addition of Rs. 1,76,53,779/- made by the Assessing Officer under section 40(a)(ia) of the Income-tax Act, 1961. The Tribunal ruled that the retrospective amendment to the Act allowed TDS payment before the due date of filing income tax return under section 139(1) to avoid disallowance. As the assessee had deposited the TDS before the return due date, the disallowance was deemed unjustified. The judgment highlights the importance of complying with statutory deadlines and legal interpretations to prevent adverse tax consequences. en-us Thu, 16 Jan 2014 00:00:00 +0530 Thu, 13 Apr 2017 07:00:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=191671 The Appellate Tribunal ITAT Pune upheld the CIT(A)'s decision to delete an addition of Rs. 1,76,53,779/- made by the Assessing Officer under section 40(a)(ia) of the Income-tax Act, 1961. The Tribunal ruled that the retrospective amendment to the Act allowed TDS payment before the due date of filing income tax return under section 139(1) to avoid disallowance. As the assessee had deposited the TDS before the return due date, the disallowance was deemed unjustified. The judgment highlights the importance of complying with statutory deadlines and legal interpretations to prevent adverse tax consequences. Case-Laws Income Tax Thu, 16 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=191671