ITAT Kolkata: 40(a)(ia) Disallowance Deleted for TDS @2% on DTP/Composing Work

Chhaya Prakashani Limited Vs DCIT (ITAT Kolkata) Disallowance u/s 40(a)(ia) Deleted: ITAT Kolkata Holds TDS @2% u/s 194C Correct for DTP/Composing Work — Not Technical Service u/s 194J Assessee, Chhaya Prakashani Ltd., appealed against NFAC’s order confirming disallowance u/s 40(a)(ia) for alleged short deduction of TDS on payments for composing & DTP work. AO, based on survey findings, held that TDS ought to have been deducted @10% u/s 194J treating the work as “technical services”. Assessee had deducted TDS @2% u/s 194C on contractual printing/DTP work & argued that the issue...