Tag Archives: Sec. 40(a)(i) Disallowance

No disallowance for TDS default when TDS imposed by retro-amendment

By | December 26, 2016

Held The taxability of a sum in the hands of the recipient on account of a subsequent retrospective amendment would not expose the payer of income to an impossible situation of requiring deduction of tax at source on the anterior date of payment of such income. Thus, on this count also, assessee cannot be held… Read More »