Failure to Deduct TDS Leads to Addition u/s 40(a)(ia); Not Applicable to Charitable Trusts. https://www.taxtmi.com/highlights?id=47954 Addition u/s 40(a)(ia) - society has failed to deduct TDS - section 40(a)(ia), 40A(3) and section 43B falls in Chapter IV-D which are applicable for computing profits and gains of business or profession - Chapter IV-D is not applicable in respect of charitable trust or institution whose income is to be computed under Chapter-III - no disallowance en-us Tue, 16 Jul 2019 09:18:26 +0530 Tue, 16 Jul 2019 09:18:26 +0530 TaxTMI RSS Generator Failure to Deduct TDS Leads to Addition u/s 40(a)(ia); Not Applicable to Charitable Trusts. https://www.taxtmi.com/highlights?id=47954 Addition u/s 40(a)(ia) - society has failed to deduct TDS - section 40(a)(ia), 40A(3) and section 43B falls in Chapter IV-D which are applicable for computing profits and gains of business or profession - Chapter IV-D is not applicable in respect of charitable trust or institution whose income is to be computed under Chapter-III - no disallowance Highlights Income Tax Tue, 16 Jul 2019 09:18:26 +0530 https://www.taxtmi.com/highlights?id=47954