https://www.taxtmi.com/highlights?id=67125 Disallowance u/s 40(a)(ia) for non-deduction of tax at source (TDS) - assessee in default - Assessee has paid interest u/s 201(1A) for non-deduction/short deduction of tax - the assessee having paid the interest, the assessee cannot be construed as an assessee in default. Therefore, the provision of Section 40(a)(ia) cannot be applied in assessee’s case. - AT en-us Thu, 15 Dec 2022 13:34:47 +0530 Thu, 15 Dec 2022 13:34:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=67125 Disallowance u/s 40(a)(ia) for non-deduction of tax at source (TDS) - assessee in default - Assessee has paid interest u/s 201(1A) for non-deduction/short deduction of tax - the assessee having paid the interest, the assessee cannot be construed as an assessee in default. Therefore, the provision of Section 40(a)(ia) cannot be applied in assessee’s case. - AT Highlights Income Tax Thu, 15 Dec 2022 13:34:47 +0530 https://www.taxtmi.com/highlights?id=67125