https://www.taxtmi.com/caselaws?id=295319 The ITAT held that no disallowance could be made under Section 40(a)(ia) for shortfall in TDS due to differences in understanding or opinion on taxability. Consequently, the ITAT reversed the findings of the lower authorities and allowed the assessee's appeal for Assessment Year 2010-11. Other grounds raised by the assessee were dismissed as infructuous since they were not argued or urged. en-us Fri, 24 Jul 2015 00:00:00 +0530 Sat, 29 May 2021 08:28:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=295319 The ITAT held that no disallowance could be made under Section 40(a)(ia) for shortfall in TDS due to differences in understanding or opinion on taxability. Consequently, the ITAT reversed the findings of the lower authorities and allowed the assessee's appeal for Assessment Year 2010-11. Other grounds raised by the assessee were dismissed as infructuous since they were not argued or urged. Case-Laws Income Tax Fri, 24 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=295319