https://www.taxtmi.com/highlights?id=65533 TDS u/s 195 - disallowance u/s 40(a)(i) - allowability of expenditure u/s 37(1) - there is no question of alternating between section 37(1) of the I.T.Act and section 40(a)(i) of the I.T.Act for sustaining the disallowance. The question of going to section 40(a)(i) of the I.T.Act would arise only after the test of section 37(1) is passed by the assessee. - AT en-us Thu, 08 Sep 2022 17:53:27 +0530 Thu, 08 Sep 2022 17:53:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=65533 TDS u/s 195 - disallowance u/s 40(a)(i) - allowability of expenditure u/s 37(1) - there is no question of alternating between section 37(1) of the I.T.Act and section 40(a)(i) of the I.T.Act for sustaining the disallowance. The question of going to section 40(a)(i) of the I.T.Act would arise only after the test of section 37(1) is passed by the assessee. - AT Highlights Income Tax Thu, 08 Sep 2022 17:53:27 +0530 https://www.taxtmi.com/highlights?id=65533