Disallowance of expenditure u/s 40(a) in a case where assessee follows completed contract method

RELEVANT PARAGRAPH 6.1 On plain reading of above section, we find that certain expenditures are not allowable if the assessee failed to deduct tax or after deduction same was not paid in time. However, such expenditures are allowable Provided that where in respect of any such sum. Tax has been deducted in any subsequent year, or has been deducted— (A) during the last month of the previous year but paid after the said due date; or (B) during any other month of the previous year but paid after the end of the said previous year. Such sum shall be allowed as a deduction in computing the income o...