Disallowance u/s 40(a )(ia) : 2 Great Reliefs from Courts

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Disallowance u/s 40(a) (ia) is invoked when it is found that assessee has claimed an expenditure which was paid or credited without deduction of TDS . This provision under the income tax act has empowered assessing officer for a  technical and procedural disallowance of expenditure while assessing total income . In recent times, following two…