https://www.taxtmi.com/caselaws?id=403983 Section 40(a)(ia) of the Income-tax Act applies only to amounts deductible in computing income under the head "Profits and gains of business or profession". It does not extend to computation of income under other heads, including capital gains. Where commission expenditure is examined in connection with the sale of property and the resulting capital gains computation, a disallowance for alleged failure to deduct tax at source cannot be made under section 40(a)(ia). The addition was therefore deleted in favour of the assessee. en-us Thu, 11 Feb 2021 00:00:00 +0530 Fri, 12 Feb 2021 15:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=403983 Section 40(a)(ia) of the Income-tax Act applies only to amounts deductible in computing income under the head "Profits and gains of business or profession". It does not extend to computation of income under other heads, including capital gains. Where commission expenditure is examined in connection with the sale of property and the resulting capital gains computation, a disallowance for alleged failure to deduct tax at source cannot be made under section 40(a)(ia). The addition was therefore deleted in favour of the assessee. Case-Laws Income Tax Thu, 11 Feb 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=403983