AMENDEMENT TO SEC 40(a) (ia)

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....MENDEMENT TO SEC 40(a) (ia)<br> Query (Issue) Started By: - VEMULA CHANDRASEKHAR Dated:- 17-3-2016 Income Tax<br>Income Tax<br>Dear Members I have a case under scrutiny for the assessment year 2013-2....

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....014. The assessee has not deducted Tax on Interest payments to NBFC. The ITO would like to add the interest paid under section 40(a) (ia) to the total income. I argued before ITO that section 40 (a) i....

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....s amended to include a proviso where in if the assessee can get form 26A from the resident payee certified by a chartered accountant then addition shall not be made. But the assessing officer says the....

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.... provisions are applicable from the assessment year 2014-2015. Kindly guide me in this regard<br> Discussion Forum - Knowledge Sharing ....