https://www.taxtmi.com/caselaws?id=796078 Where a resident payee files its return, includes interest income in taxable income, pays the due tax, and the payer furnishes a prescribed accountant's certificate in Form 26A, the payer is not treated as an assessee in default for failure to deduct tax at source. The second proviso to Section 40(a)(ia) then treats tax as deducted and paid on the date of the payee's return. As the certified Form 26A undisputedly established these conditions, the disallowance for non-deduction of tax on interest was required to be deleted. en-us Fri, 29 May 2026 00:00:00 +0530 Fri, 31 Jul 2026 08:27:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=796078 Where a resident payee files its return, includes interest income in taxable income, pays the due tax, and the payer furnishes a prescribed accountant's certificate in Form 26A, the payer is not treated as an assessee in default for failure to deduct tax at source. The second proviso to Section 40(a)(ia) then treats tax as deducted and paid on the date of the payee's return. As the certified Form 26A undisputedly established these conditions, the disallowance for non-deduction of tax on interest was required to be deleted. Case-Laws Income Tax Fri, 29 May 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=796078