under section 40(a)(ia) 30% of amount payable is disallowed if TDS has not been deducted or deposited before due date of filing return as per section 139 (9)
Here my question is disallowence of the amount payable at 31-3 or amount paid during the year .....Cases are also there on it but no final conclusion ...Case VICTOR SHIPPING PRIVATE LIMITED vs CIT Allahabad.
Palak
Amount payable at the time of making payment. When the deductee was making making payment that point of time is being considered and section 139(9) is defective return , it is section 139(1) on or before due date of filing return.
CAclubindia
