Held that recipient included the income in their assessment , Certificate in Form No 26A and Chartered Accountant is furnished hence disallowance is deleted and assessee cannot be treated as an assessee in default. (AY. 2013-14 )
Desimus Financilals Ltd v. ITO (2023) 223 TTJ 232 (SMC) (Pune)(Trib)
S. 40(a)(ia) : Amounts not deductible-Deduction at source-Certificate by Chartered Accountant-Recipient included the income in their assessment-Certificate in Form No 26A is furnished-Disallowance is deleted-Cannot be treated as an assessee in default. [S. 194A, 201(1)]