https://www.taxtmi.com/caselaws?id=366334 The ITAT upheld the disallowance under section 40(a)(ia) of the Income Tax Act, 1961, for failure to deduct tax at source despite payment through ECS. The ITAT directed exclusion of exempt income for disallowance under section 14A r/w rule 8D and remanded the issue for fresh adjudication. The addition for non-payment of Employees' Contribution to Provident Fund and ESIC was deleted as payments were made on time, deemed allowable under section 43B. The Revenue's challenge was dismissed. en-us Wed, 29 Aug 2018 00:00:00 +0530 Sat, 01 Sep 2018 08:30:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=366334 The ITAT upheld the disallowance under section 40(a)(ia) of the Income Tax Act, 1961, for failure to deduct tax at source despite payment through ECS. The ITAT directed exclusion of exempt income for disallowance under section 14A r/w rule 8D and remanded the issue for fresh adjudication. The addition for non-payment of Employees' Contribution to Provident Fund and ESIC was deleted as payments were made on time, deemed allowable under section 43B. The Revenue's challenge was dismissed. Case-Laws Income Tax Wed, 29 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=366334