https://www.taxtmi.com/highlights?id=54879 Disallowance u/s.40(a)(ia) - Failure to deduct TDS - Scope of amendment - if a statute is curative of the previous law, retrospective operation is generally intended. - AO directed to restrict the 100% disallowance confirmed by the CIT(A) to the extent of 30% only taking into account the actual claim of the assessee in its profit and loss account. - AT en-us Wed, 23 Sep 2020 10:29:57 +0530 Wed, 23 Sep 2020 10:29:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=54879 Disallowance u/s.40(a)(ia) - Failure to deduct TDS - Scope of amendment - if a statute is curative of the previous law, retrospective operation is generally intended. - AO directed to restrict the 100% disallowance confirmed by the CIT(A) to the extent of 30% only taking into account the actual claim of the assessee in its profit and loss account. - AT Highlights Income Tax Wed, 23 Sep 2020 10:29:57 +0530 https://www.taxtmi.com/highlights?id=54879