https://www.taxtmi.com/highlights?id=63010 Addition u/s.40(a)(ia) - assessee had paid interest to M/s. Tata Motors Finance Ltd. without deducting tax at source - when the assessee could not be held as an assessee-in-default u/s. 201(1) of the Act, therefore, we concur with the claim of the Ld. AR that as per the "2nd proviso" to Section 40(a)(ia) of the Act, the aforementioned amount could not have been disallowed in the hands of the assessee company. - AT en-us Wed, 20 Apr 2022 08:31:43 +0530 Wed, 20 Apr 2022 08:31:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=63010 Addition u/s.40(a)(ia) - assessee had paid interest to M/s. Tata Motors Finance Ltd. without deducting tax at source - when the assessee could not be held as an assessee-in-default u/s. 201(1) of the Act, therefore, we concur with the claim of the Ld. AR that as per the "2nd proviso" to Section 40(a)(ia) of the Act, the aforementioned amount could not have been disallowed in the hands of the assessee company. - AT Highlights Income Tax Wed, 20 Apr 2022 08:31:43 +0530 https://www.taxtmi.com/highlights?id=63010