Legal Articles Amendments, Clarifications, controversies & Litigation of issues related to Section- 40 (a) (ia) of the Income Tax Act, 1961 September 24, 2012 / September 24, 2012 by Anumita Sarkar | 3 Comments on Amendments, Clarifications, controversies & Litigation of issues related to Section- 40 (a) (ia) of the Income Tax Act, 1961 ANUMITA SARKAR Controversies evolving out of each amendment to section 40 (a) (ia) seem to have come to an end, thereby giving some sigh of relief to the assessees & their Tax Representatives, till the time it receives it’s final verdict from the highest judicial authority i.e. Supreme Court of India IDEOLOGIES OF TAXATION: Law […] Read more » AMENDMENTS TO SEC- 40 (a) (ia) assessee in default COLLECTION & RECOVERY OF TAX DOUBLE TAXATION FINANCE ACT 2008 FINANCE ACT 2010 FINANCE ACT 2012 IDEOLOGIES OF TAXATION Income Tax Act Income Tax Act 1961 PROVISIONS OF SECTION - 40 (a) (ia) Sec- 40 (a) (ia)Finance (No.2) Act 2004 Section 271C of the Income Tax Act SUB- CLAUSE (ia) to SECTION- 40 (a) (ia VALIDITY OF THE SECTION- 40 (a)(ia)