Tag Archives: section 40(a)(ia) budget 2017

Disallowance for Non Deduction of TDS of Residents -Income from Other Sources

By | February 2, 2017

Disallowance for non-deduction of tax from payment to resident Summary :As per Finance Bill 2017 w.e.f 01.04.2017 FY 2017-18 (AY 2018-19)  Disallowance u/s Section 40(a)(ia) for non-deduction of tax from payment to resident will now also apply under the head “income from other sources”. Existing provisions of section 58 of income tax the Act, specify the amounts… Read More »