{"id":16596,"date":"2021-04-14T11:25:22","date_gmt":"2021-04-14T05:55:22","guid":{"rendered":"https:\/\/itatonline.org\/digest\/bbr-projects-p-ltd-v-ito-2020-184-itd-842-hyd-trib-2\/"},"modified":"2021-04-14T11:25:22","modified_gmt":"2021-04-14T05:55:22","slug":"bbr-projects-p-ltd-v-ito-2020-184-itd-842-hyd-trib-2","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/bbr-projects-p-ltd-v-ito-2020-184-itd-842-hyd-trib-2\/","title":{"rendered":"BBR Projects (P.) Ltd. v. ITO (2020) 184 ITD 842 (Hyd.)(Trib.)"},"content":{"rendered":"<p>During assessment proceedings, Assessing Officer held\u00a0 that assessee had made payments of interest without deducting tax at source. He\u00a0 disallowed said payments.\u00a0 Assessee raised a plea before the Tribunal that\u00a0 since it had not been treated as assessee in default under section 201(1), disallowance under section 40(a)(ia) was not warranted. Tribunal held that\u00a0 in view of second proviso to section 40(a)(ia) coming into effect from 1-4-2012 by Finance Act, 2012 disallowance was to be deleted and, matter was to be remanded back for disposal afresh. (AY. 2013-14)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 40(a)(ia) : Amounts not deductible-Deduction at source-Interest payment-Second proviso to section 40(a)(ia) coming into effect from 01-04-2012 by Finance Act, 2012, disallowance was to be deleted and, matter was to be remanded back for disposal afresh. [S. 201(1)] <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-16596","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-4jG","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/16596","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=16596"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/16596\/revisions"}],"predecessor-version":[{"id":16597,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/16596\/revisions\/16597"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=16596"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=16596"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=16596"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}