https://www.taxtmi.com/caselaws?id=310445 Furnishing Form 26A by a chartered accountant satisfies the statutory conditions in the proviso to section 201(1) where the resident payee has filed the return, accounted for the income and paid the tax due, so the payer is not treated as an assessee in default. The same consequence applies under the second proviso to section 40(a)(ia), and the disallowance cannot survive once Form 26A is provided. The requirement under Rule 31ACB to file the form before the Director General of Income Tax (Systems) is only procedural and cannot create an additional substantive condition beyond the Act; the disallowance under section 40(a)(ia) was therefore deleted. en-us Fri, 26 Oct 2018 00:00:00 +0530 Thu, 26 Oct 2023 07:43:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=310445 Furnishing Form 26A by a chartered accountant satisfies the statutory conditions in the proviso to section 201(1) where the resident payee has filed the return, accounted for the income and paid the tax due, so the payer is not treated as an assessee in default. The same consequence applies under the second proviso to section 40(a)(ia), and the disallowance cannot survive once Form 26A is provided. The requirement under Rule 31ACB to file the form before the Director General of Income Tax (Systems) is only procedural and cannot create an additional substantive condition beyond the Act; the disallowance under section 40(a)(ia) was therefore deleted. Case-Laws Income Tax Fri, 26 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=310445