Amendments made in provisions of section 40(a)(ia) by the Finance Act, 2010 are remedial/curative in nature and the same would apply retrospectively w.e.f. Ist April, 2005.
Menu
Amendment in 40a(ia) by finanace Act , 2010 is clarrifactory
Replies (3)
I agree. Special Bench of the Bombay ITAT has decided on similar lines in the case of Babasaheb Nanasaheb Damul Vs. ACIT.
Please can anyone send me a copy of decision on Special Bench of the Bombay ITAT has decided on similar lines in the case of Babasaheb Nanasaheb Damul Vs. ACIT.
I am sending by attachment the decision of the Bombay Special Bench in the case of Babpusaheb Nanasaheb Damul Vs. ACIT, wherein the Hon'ble Bench has held that provision not to disallow under section 40(a)9ia) if the TDS amounts aqre paid before the due date for filing the return of income under section 139(1) has retrospective effect from Apri,2005 onwards.
Recent Topics :
- GSTR-9 Table 8A Portal and Excel Issues
- IGST on Commercial Rental Income (Different State)
- Revocation of suo moto cancelled GST registration
- Is there any faculty taking chapterwise test in CA
- Late Fees and Interest
- HDFC Bank’s Bureaucracy: The Nightmare of Fl
- Running a CSC Center, Maha E-Seva Kendra, Setu Ken
- GSTR-9 Table 8A issue
- CA Inter Coaching institutes at Hyderabad
- Looking for practising CA
Related Topics :
CAclubindia
