https://www.taxtmi.com/highlights?id=62429 Disallowance of expenditure incurred on account of LFR - Non deduction of TDS - Disallowance u/s 40(a)(ia) - There can be question of suspecting that the BPCL did not include such rental income from the assessee in its return of income. It is, therefore, held that the case of the assessee is covered by second proviso to section 40(a)(ia) and hence the disallowance made cannot be sustained. - AT en-us Mon, 14 Mar 2022 11:12:12 +0530 Mon, 14 Mar 2022 11:12:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=62429 Disallowance of expenditure incurred on account of LFR - Non deduction of TDS - Disallowance u/s 40(a)(ia) - There can be question of suspecting that the BPCL did not include such rental income from the assessee in its return of income. It is, therefore, held that the case of the assessee is covered by second proviso to section 40(a)(ia) and hence the disallowance made cannot be sustained. - AT Highlights Income Tax Mon, 14 Mar 2022 11:12:12 +0530 https://www.taxtmi.com/highlights?id=62429