Held that once there is\u00a0 a categorical finding that the assessee had not credited the corresponding liability for expenses to the account of the concerned vendors who had rendered the services, the payees become non-identifiable and hence there was no question of applicability of provisions requiring tax deduction at source thereon. Merely because the assessee had voluntarily disallowed the expenses under section\u00a040(a)(ia)\u00a0of the Act in the return, they would not automatically enable the Assessing Officer to treat it as assessee in default under section\u00a0201(1)\u00a0of the Act and consequentially levy interest under section\u00a0201(1A)\u00a0of the Act. The provisions of section\u00a040(a)(ia)\u00a0and section\u00a0201(1)\u00a0and\u00a0(1A)\u00a0of the Act are mutually exclusive. In any case, there was no estoppel against the statute. The assessee could not be treated as assessee in default under section\u00a0201(1)\u00a0of the Act and no interest was chargeable under section\u00a0201(1A)\u00a0of the Act.(AY. 2012-13)<\/p>\n","protected":false},"excerpt":{"rendered":"
S. 40(a)(ia) : Amounts not deductible-Deduction at source-Services rendered by parties-Bills were raised in next year-Payees were not identifiable-Voluntarily disallowed of expenses would not automatically enable Assessing Officer to treat it as assessee in default1Cannot be treated as assessee in default.[S. 201 (1), 201(IA)] <\/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-48902","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-cIK","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/48902","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=48902"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/48902\/revisions"}],"predecessor-version":[{"id":48903,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/48902\/revisions\/48903"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=48902"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=48902"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=48902"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}