3 results for “disallowance”+ Section 139(3)clear
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Bench: HONOURABLE MR.JUSTICE S.V.BHATTI,HONOURABLE MR. JUSTICE BECHU KURIAN THOMAS
139/- paid to M/s.Seven Ocean Shipping Company as shipping charges. The reason for disallowance was stated to be non-deduction of TDS under section 194(c) of the Act and hence the said amount was disallowed under section 40(a)(1a) of the Act. 2. The assessing officer held that the payment made to M/s.Seven Ocean Shipping Company as shipping