In the result, the appeal of the assessee is partly allowed for statistical purposes
Bench: Shri D. Karunakara Rao, Am आयकरअपीलसं. / Ita No.2837/Pun/2017 "नधा"रणवष"/ Assessment Year : 2012-13 Anjali Pushkar Hingane, Prop. M/S Areen Petroleum Services, Saikheda Phata, At Post Chandori, Taluka- Niphad, Dist. Nashik. अपीलाथ"/Appellant Pan : Abiph8603F …. Vs. Ito, Ward- 1(3), …. ""यथ"/ Respondent Nashik.
194A on the payment of interest to the Co-operative Credit Societies. Since, the assessee failed to comply with the TDS provisions, disallowance was made u/s. 40(a)(ia) of the Act. The assessee has now raised an additional ground seeking benefit of second proviso to section 40(a)(ia) inserted by the Finance Act, 2012 w.e.f