Amendment to Section 40(a)(ia) Retrospective: Kolkata HC

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The disallowance u/s 40(a)(ia) was very harsh for business men who got the punishment even after making the making the payments before filing the return.  An amendment effective from 01/04 /2010 was brought in by Finance Act 2010 gave a relief that if the TDS is deposited before due date of filing of return, the…

About Prashant Thakur
The author has spent twenty years with Income Tax department and desire to service common citizen of India which include professionals like tax practioners ,CA,ICMA, CS and tax lawyers by advising them on the direct tax matters for a very affordable fee.

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