{"id":233010,"date":"2020-07-28T22:56:17","date_gmt":"2020-07-28T17:26:17","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=233010"},"modified":"2020-07-29T00:46:14","modified_gmt":"2020-07-28T19:16:14","slug":"disallowance-under-section-40aia-it-act-not-to-remain-in-force-if-the-it-return-reflects-the-transaction","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2020\/07\/28\/disallowance-under-section-40aia-it-act-not-to-remain-in-force-if-the-it-return-reflects-the-transaction\/","title":{"rendered":"ITAT| Disallowance under Section 40(a)(ia) IT Act not to remain in force if the IT Return reflects the transaction"},"content":{"rendered":"<div id=\"rso\" data-async-context=\"query:ITAT\">\n<div class=\"g\" data-hveid=\"CAYQAA\">\n<p class=\"Uo8X3b\"><strong style=\"text-align: justify; font-size: 16px;\">Income Tax Appellate Tribunal (ITAT), Mumbai:<\/strong><span style=\"text-align: justify; font-size: 16px;\"> Explaining the law on disallowance u\/s.40(a)(ia), the Tribunal has said that if the payees have included the subject mentioned transaction in their income tax returns, then the assessee payer should not be treated as assessee in default and disallowance u\/s.40(a)(ia) of the Act should be deleted in its hands. It further stated,<\/span><\/p>\n<\/div>\n<\/div>\n<blockquote>\n<p style=\"text-align: justify;\">\u201cIF the subject mentioned transaction is not reflected in the income tax returns of the payees, then disallowance made in the hands of the assessee u\/s 40(a)(ia) of the Act would remain in force.\u201d<\/p>\n<\/blockquote>\n<p style=\"text-align: justify;\">The Tribunal was dealing with a case pertaining to Tax Deduction at Sources and held that the advertisement charges paid to an agency which is a franchisee of a newspaper would attract TDS under Section 194 of the Income Tax Act, 1961.<\/p>\n<p style=\"text-align: justify;\">The Tribunal held that any amount paid as a consideration for carrying out any work is liable for deduction of Tax at Source.<\/p>\n<p style=\"text-align: justify;\"><strong>Background<\/strong><\/p>\n<p style=\"text-align: justify;\">The Assessee was in the business of import eye testing equipment mainly from M\/s. Topcon Asia Pvt. Ltd., Singapore and selling them to eye doctors, eye hospitals, medical colleges etc., all over India. The Assessee also procured maintenance contracts, brake-down jobs, and other services to the customer through its engineers.<\/p>\n<p style=\"text-align: justify;\">The Assessee made a one-time payment to the franchisee of \u201cThe Hindu\u201d newspaper for advertising for hiring staff . It was argued that it was a one-time payment and no contract exist with the newspaper and accordingly, the provisions of Section 194C of the Act would not be applicable.<\/p>\n<p style=\"text-align: justify;\">On Scrutiny, the Assession Officer disallowed the payment made u\/s. 40(a)(ia) by the Assessee on account of advertisement expenses incurred without deduction of tax at source. The Order passed by the AO was upheld the CIT(A). Being aggrieved by the decision of the CIT(A) the Assessee preferred an Appeal before the ITAT.<\/p>\n<p style=\"text-align: justify;\"><strong>Issue<\/strong><\/p>\n<p style=\"text-align: justify;\">Whether the CIT(A) was justified in confirming the disallowance made u\/s 40(a)(ia) of the Act for an amount of Rs. 56,997\/- on account of advertisement expenses without deduction of tax at source?<\/p>\n<p style=\"text-align: justify;\"><strong>Finding <\/strong><\/p>\n<p style=\"text-align: justify;\">The ITAT was pleased to hold that the any Assessee who is responsible for paying any sum to any resident for carrying out any work in pursuance of a contract shall deduct tax at source thereon.<\/p>\n<p style=\"text-align: justify;\">Further, in the present case the Assessee was responsible for paying the sum to the franchise as consideration for publishing the advertisement and therefore It was held that all the ingredients of Section 194C were fulfilled. Hence, it was held that the Assessee is liable for deduction of Tax at Source.<\/p>\n<p style=\"text-align: justify;\">[Mehra Eyetech Pvt. Ltd. v. Add. Commissioner of Income Tax, \u00a0ITA No. 1760\/Mum\/2019,decided On 13.07.2020]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Income Tax Appellate Tribunal (ITAT), Mumbai: Explaining the law on disallowance u\/s.40(a)(ia), the Tribunal has said that if the payees have included <\/p>\n","protected":false},"author":67011,"featured_media":170804,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,11],"tags":[31242,42795,2592,30953,42796],"class_list":["post-233010","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casebriefs","category-tribunals_commissions_regulatorybodies","tag-assessee","tag-disallowance","tag-Income_Tax","tag-itat","tag-section-40-it-act"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.4 (Yoast SEO v26.4) - 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Pannu (President) and Kul Bharat (Judicial Member) held that it won\u2019t make the assessee liable to a\u2026","rel":"","context":"In &quot;Case Briefs&quot;","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/05\/ITATAO.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/05\/ITATAO.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/05\/ITATAO.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/05\/ITATAO.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/05\/ITATAO.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":295541,"url":"https:\/\/www.scconline.com\/blog\/post\/2023\/06\/28\/deemed-dividends-cannot-be-taxed-in-the-hands-of-non-shareholders-legal-news\/","url_meta":{"origin":233010,"position":4},"title":"Can deemed dividend be taxed in the hands of non-shareholders? ITAT answers","author":"Apoorva","date":"June 28, 2023","format":false,"excerpt":"In terms of Section 2(22)(e) of the Act, treating the loans and advances received by concerns, in which shareholders of the company giving loans and advances had substantial interest, qualified as \u201cdeemed dividend\u201d","rel":"","context":"In &quot;Case Briefs&quot;","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"income tax appellate tribunal","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/06\/income-tax-appellate-tribunal.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/06\/income-tax-appellate-tribunal.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/06\/income-tax-appellate-tribunal.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/06\/income-tax-appellate-tribunal.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":270293,"url":"https:\/\/www.scconline.com\/blog\/post\/2022\/07\/18\/itat-can-incorrect-entries-hybrid-system-of-account-lead-to-rejection-of-books-of-accounts-labor-charges\/","url_meta":{"origin":233010,"position":5},"title":"ITAT| Can incorrect entries; hybrid system of account lead to rejection of books of Accounts &#038; Labor Charges?","author":"Editor","date":"July 18, 2022","format":false,"excerpt":"\u00a0 \u00a0 Income Tax Appellate Tribunal, Mumbai: Dealing with the issue pertaining to rejection of books of accounts, sustainability of disallowance of labour charges, and disallowance of outstanding labour charges, the Gagan Goyal, Accountant Member has held that CIT(A) was correct and justified in rejecting the books of account by\u2026","rel":"","context":"In &quot;Case Briefs&quot;","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"Income Tax Appellate Tribunal","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/11\/ITAT.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/11\/ITAT.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/11\/ITAT.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/11\/ITAT.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/11\/ITAT.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/233010","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/users\/67011"}],"replies":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/comments?post=233010"}],"version-history":[{"count":0,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/233010\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media\/170804"}],"wp:attachment":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media?parent=233010"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/categories?post=233010"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/tags?post=233010"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}