No TDS Deduction Penalty u/s 40(a)(ia) if Payees Report Income, Pay Tax, Meet Section 200 Criteria.

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....Addition u/s. 40(a)(ia) for failure of TDS u/s 194C - if the payees have reflected the payment in their respective Return of Income and has paid tax and fulfils the conditions stipulated u/s. 200, then no disallowance u/s. 40(a)(ia) is warranted.....