https://www.taxtmi.com/caselaws?id=389985 The second proviso to section 40(a)(ia) grants deemed deduction and payment of tax at source only from the assessment year corresponding to the date on which the resident payee furnishes its return of income, where the assessee is not treated as an assessee in default under section 201. On the facts noted, the payee filed its return in the financial year relevant to assessment year 2014-15, so the relief was not available for assessment year 2013-14. The later amendment relied upon did not change this result, and the disallowance was sustained. en-us Fri, 15 Nov 2019 00:00:00 +0530 Fri, 20 Dec 2019 13:02:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=389985 The second proviso to section 40(a)(ia) grants deemed deduction and payment of tax at source only from the assessment year corresponding to the date on which the resident payee furnishes its return of income, where the assessee is not treated as an assessee in default under section 201. On the facts noted, the payee filed its return in the financial year relevant to assessment year 2014-15, so the relief was not available for assessment year 2013-14. The later amendment relied upon did not change this result, and the disallowance was sustained. Case-Laws Income Tax Fri, 15 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=389985