https://www.taxtmi.com/highlights?id=59691 Disallowance u/s. 40(a)(ia) - assessee has paid interest to various Non Banking Financial Companies without deducting tax at source - the assessee has obtained certificate only from one company named M/s. Tata Capital Ltd., which has claimed to have received interest income - The assessee has not furnished any certificate from any of other payees for the remaining amount. - Disallowance of interest expenditure paid to NBFCs other than M/s. Tata Capital Ltd. confirmed - AT en-us Wed, 15 Sep 2021 14:28:55 +0530 Wed, 15 Sep 2021 14:28:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=59691 Disallowance u/s. 40(a)(ia) - assessee has paid interest to various Non Banking Financial Companies without deducting tax at source - the assessee has obtained certificate only from one company named M/s. Tata Capital Ltd., which has claimed to have received interest income - The assessee has not furnished any certificate from any of other payees for the remaining amount. - Disallowance of interest expenditure paid to NBFCs other than M/s. Tata Capital Ltd. confirmed - AT Highlights Income Tax Wed, 15 Sep 2021 14:28:55 +0530 https://www.taxtmi.com/highlights?id=59691