https://www.taxtmi.com/acts?id=36786 The amendment provides that where a payer fails to deduct tax under Chapter XVII-B but is not deemed an assessee in default under the first proviso to the recovery provision, then for purposes of disallowance it shall be deemed that the assessee has deducted and paid the tax on the date the payee furnishes its return of income referred to in that proviso; a parallel change omits residency wording in a related proviso to secure consistent deductibility treatment. en-us Fri, 05 Jul 2019 15:30:15 +0530 Fri, 05 Jul 2019 15:30:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=36786 The amendment provides that where a payer fails to deduct tax under Chapter XVII-B but is not deemed an assessee in default under the first proviso to the recovery provision, then for purposes of disallowance it shall be deemed that the assessee has deducted and paid the tax on the date the payee furnishes its return of income referred to in that proviso; a parallel change omits residency wording in a related proviso to secure consistent deductibility treatment. Act-Rules Bill Fri, 05 Jul 2019 15:30:15 +0530 https://www.taxtmi.com/acts?id=36786