Facts of the Case
- The
assessee, engaged in construction and real estate business, made payments
of ₹17,00,20,000/- to a contractor.
- TDS
amounting to ₹34,00,400/- was deducted but deposited after the due date
of filing return.
- The
Assessing Officer disallowed the expenditure under Section 40(a)(ia),
increasing income substantially.
- CIT(A)
and ITAT deleted the disallowance, noting that:
- The
recipient had declared the income and paid taxes.
- TDS was eventually deposited.
Issues Involved
- Whether
delayed deposit of TDS attracts disallowance under Section 40(a)(ia)?
- Whether
the second proviso to Section 40(a)(ia) is retrospective in nature?
- Whether disallowance is justified when the recipient has already paid tax on the income?
Petitioner’s Arguments (Revenue)
- The
second proviso to Section 40(a)(ia) is prospective (effective from
01.04.2013).
- Since
TDS was not deposited within the due date, disallowance was valid.
- Relief granted by CIT(A) and ITAT was incorrect.
Respondent’s Arguments (Assessee)
- The
recipient had already:
- Declared
the income
- Paid
due taxes
- Amendments
to Section 40(a)(ia) are curative and declaratory, hence
retrospective.
- Disallowance would cause unjust hardship without revenue loss.
Court Findings / Order
- The
Delhi High Court dismissed the Revenue’s appeal.
- Held
that:
- Amendments
to Section 40(a)(ia) are curative and retrospective.
- No
disallowance should be made where:
- The
recipient has included income in return, and
- Taxes
have been paid.
- Relied
on precedents including:
- CIT
vs Naresh Kumar
- CIT
vs Ansal Landmark Township (P) Ltd.
- Supreme
Court ruling in CIT vs Calcutta Export Company
- Observed
that Section 40(a)(ia) is not penal but compensatory.
- Also
noted factual leniency:
- Delay
was minimal (due to holidays)
- Interest on delay was already paid
Important Clarification by Court
- Section
40(a)(ia) aims to ensure tax collection, not punish taxpayers.
- Disallowance
should not apply when no loss to revenue occurs.
- Curative
amendments must be interpreted retrospectively to avoid undue hardship.
- Strict
compliance should not lead to disproportionate consequences.
Sections Involved
- Section
40(a)(ia), Income Tax Act, 1961
- Section
201(1), Income Tax Act, 1961
- Section
139, Income Tax Act, 1961
- Section 260A, Income Tax Act, 1961
Link to download the order -
https://delhihighcourt.nic.in/app/case_number_pdf/2019:DHC:352-DB/SKN17012019ITA6032018.pdf
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