![Amendment Made by The Finance Act, 2010 in Section 40(a)(ia) of the Income Tax Act is Retrospective in Nature: SC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/05/Finance-Act-Supreme-Court-Taxscan.jpg "Amendment Made by The Finance Act, 2010 in Section 40(a)(ia) of the Income Tax Act is Retrospective in Nature: SC [Read Judgment]")
Amendment Made by The Finance Act, 2010 in Section 40(a)(ia) of the Income Tax Act is Retrospective in Nature: SC [Read Judgment]
The Supreme Court in CIT vs. M/s. Calcutta Export Company, held that the amendment made to section 40(a)(ia) of the Income Tax Act, 1961 by the...
![Mere Discovery of Under-Assessment cant’ be Reason for Re-Assessment: ITAT grants relief to Idea [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/04/Idea-Taxscan.jpg "Mere Discovery of Under-Assessment cant’ be Reason for Re-Assessment: ITAT grants relief to Idea [Read Order]")
![No TDS since Amount paid to RMCs by Tour Operators for Purchase of Foreign Currency cannot be treated as Commission: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/09/Tour-Operators-Service-Tax-Taxscan.jpg "No TDS since Amount paid to RMCs by Tour Operators for Purchase of Foreign Currency cannot be treated as Commission: ITAT [Read Order]")
![Payment for Purchase of Advertisement Materials would not attract TDS: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/09/TDS-Taxscan.jpg "Payment for Purchase of Advertisement Materials would not attract TDS: ITAT [Read Order]")
![TDS not attracted to Payment towards Chit Loss: ITAT Bangalore [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/07/Chit-Fund-Service-Tax.jpg "TDS not attracted to Payment towards Chit Loss: ITAT Bangalore [Read Order]")
No TDS when Assessee waived Deduction on Expenditure & has made suo motu disallowance u/s 40(a)(ia): Mumbai ITAT [Read Order]
The Mumbai Income Tax Appellate Tribunal, in an appeal filed by M/s Destimoney Enterprises Limited, has held that the provisions relating to tax deduction at source is not applicable when the assesse...
![No TDS when Assessee waived Deduction on Expenditure & has made suo motu disallowance u/s 40(a)(ia): Mumbai ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/Tax-dedution-at-source-TDS-Tax-Scan.jpg "No TDS when Assessee waived Deduction on Expenditure & has made suo motu disallowance u/s 40(a)(ia): Mumbai ITAT [Read Order]")
Interest Paid to NBFCs are not subject to TDS If they have offered the Interest Income to Tax: ITAT Bangalore [Read Order]
In Azmath Ulla v. ACIT, the Bangalore ITAT held that the interest paid to Non-Banking financial institutions are not subject to deduction of tax at source if such interest amount was offered by such...
Amendment to Sec 40(a)(ia) extending the period of TDS payment upto the due date under Sec 139(1) is Retrospective: Bombay HC [Read Order]
In CIT v. Shraddha & S S Kale, the Bombay High Court held that amendment to Section 40(a)(ia) of the Income Tax Act by Finance Act, 2010 w.e.f. 1st April 2010, is retrospective. Earlier, the ITAT...
![Amendment to Sec 40(a)(ia) extending the period of TDS payment upto the due date under Sec 139(1) is Retrospective: Bombay HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/06/Bombay-High-Court-Tax-Scan.jpg "Amendment to Sec 40(a)(ia) extending the period of TDS payment upto the due date under Sec 139(1) is Retrospective: Bombay HC [Read Order]")
Interest Expenditure Claim cannot be disallowed on Ground of Non-Payment of TDS if the payee has Offered the same for Tax: ITAT Mumbai
The Mumbai bench of Income Tax Appellate Tribunal (ITAT) held that the disallowance under section 40(a)(ia) of the Income Tax Act will not be attracted in the case if the payee has offered for tax the...
ITAT Remands Rs. 2.31 Crore Addition Matter to Conduct Appropriate Enquiry for Cash Deposit and S. 40(a) Disallowance Matter [Read Order]
The Chennai Bench of the Income Tax Appellate Tribunal (ITAT) has remanded a case involving additions of Rs. 2.31 crore back to the Assessing Officer (AO) for fresh adjudication, citing the need for...
![ITAT Remands Rs. 2.31 Crore Addition Matter to Conduct Appropriate Enquiry for Cash Deposit and S. 40(a) Disallowance Matter [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Cash-Deposit-ITAT-Chennai-taxscan.jpg "ITAT Remands Rs. 2.31 Crore Addition Matter to Conduct Appropriate Enquiry for Cash Deposit and S. 40(a) Disallowance Matter [Read Order]")