KISHAN MOTORS,BHUBANESWAR vs. ITO, WARD-4(3), BHUBANESWAR
In the result, appeal in ITA No
ITA 169/CTK/2018[2014-15]Status: DisposedITAT Cuttack24 Jan 2020AY 2014-15
Bench: Shri Chandra Mohan Garg & Laxmi Prasad Sahu
For Appellant: Shri S.K.Agarwal, ARFor Respondent: Shri J.K.Lenka, DR
Section 143(3)Section 40Section 43B
TDS on payments made to residents as specified in section 40(a)(ia) of the Act, the disallowance shall be restricted to 30% of the amount of expenditure claimed. The Hon’ble Supreme Court in the case of Allied Motors (P) Ltd. [1997] 224 ITR 677 (SC) has held that amendment was remedial in nature, designed to eliminate unintended
