https://www.taxtmi.com/caselaws?id=289734 The ITAT ruled in favor of the assessee, setting aside the disallowance under section 40(a)(ia) of the Income Tax Act. The ITAT held that a shortfall in tax deduction, due to differences in opinion on taxability, does not warrant disallowance as long as the deducted tax was paid to the government, aligning with legal precedents cited in the judgment. The decision was based on interpretations from the Hon'ble Calcutta High Court, ITAT Mumbai Bench, and the Hon'ble High Court of Karnataka, supporting that short deduction does not attract disallowance under the mentioned section. en-us Tue, 27 Nov 2018 00:00:00 +0530 Wed, 19 Aug 2020 09:45:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=289734 The ITAT ruled in favor of the assessee, setting aside the disallowance under section 40(a)(ia) of the Income Tax Act. The ITAT held that a shortfall in tax deduction, due to differences in opinion on taxability, does not warrant disallowance as long as the deducted tax was paid to the government, aligning with legal precedents cited in the judgment. The decision was based on interpretations from the Hon'ble Calcutta High Court, ITAT Mumbai Bench, and the Hon'ble High Court of Karnataka, supporting that short deduction does not attract disallowance under the mentioned section. Case-Laws Income Tax Tue, 27 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=289734