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Section 40(a)(ia) Addition Set Aside Due to Unverified Threshold Applicability
Case Law Details
- Case Name
- Ramaniyam Real Estates Private Limited Vs ACIT (ITAT Chennai)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2018-19
- Courts
- All ITAT, ITAT Chennai
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Ramaniyam Real Estates Private Limited Vs ACIT (ITAT Chennai)
Section 40(a)(ia) Disallowance Not Automatic: ITAT Remands Issue Where Payments May Be Below TDS Threshold
The Chennai Bench of the ITAT, in Ramaniyam Real Estates Pvt. Ltd. v. ACIT (AY 2018-19), dealt with disallowance of expenses under section 40(a)(ia) for alleged non-deduction of TDS on payments towards rent, professional fees, wages and AMC charges aggregating to ₹47.88 lakh. The AO had mechanically disallowed 30% of the expenditure (₹14.36 lakh) on the ground that the assessee failed to produce evidence justifying non-dedu...
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