Case Law Details
Case Name : Umananda Rice Mill Ltd Vs ACIT (ITAT Kolkata)
Related Assessment Year : 2011-12
Courts :
All ITAT ITAT Kolkata
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Umananda Rice Mill Ltd Vs ACIT (ITAT Kolkata)
ITAT Kolkata held that disallowance under section 40a(ia) of the Income Tax Act for non-deduction of TDS untenable if payee has duly disclosed the receipt of the impugned payment in their return of income.
Facts-
The assessee has paid documentation charges consisting of freight and transportation charges of Rs. 6,24,709/- to Satyam Services on which tax was not deducted at source as required by the provisions of Section 194C of the Act. Accordingly a show cause notice was issued to the assessee as to why the disallowance should be made u/s 40a(ia) ...
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