The Bombay High Court has held that short deduction of tax at source (TDS) cannot trigger disallowance under Section 40(a)(ia) of the Income-tax Act, 1961, thereby dismissing the Revenue’s appeal against Media Worldwide Ltd. The Bench OF Justice B.P. Colabawalla and Justice Firdosh P. Pooniwalla upheld the orders of the Commissioner (Appeals) and the Income…
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Short Deduction of TDS Not Equal to Non-Deduction: Bombay High Court
Mariya Paliwalahttps://www.jurishour.in/
Mariya is the Senior Editor at Juris Hour. She has 7+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started her career as a freelance tax reporter in the leading online legal news companies.
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