Disallowance u/s 40(a)(ia) on account of non-deduction of TDS restricted to 30%

Niteshkumar Maganbhai Vs ITO (ITAT Ahmedabad) ITAT Ahmedabad held that post amendment to section 40(a)(ia) of the Income Tax Act, as introduced vide Finance (No.2) Act, disallowance on account of non-deduction of TDS is restriction to 30% of the expenditure as against 100%. Fact-Vide the present appeal, the appellant is contesting that CIT(A) has erred in confirming the disallowance of land leveling expenses for Rs. 7,55,750/- under section 40(a)(ia) of the Income Tax Act. The AO during the assessment proceeding observed that the assessee made payment of Rs. 7,55,750/- to Sri Kanubhai M Parjap...