Tax deduction under wrong provision due to bona-fide belief won’t attract sec. 40(a)(ia) disallowance

[2014] 49 taxmann.com 187 (Mumbai - Trib.)/[2014] 30 ITR(T) 475 (Mumbai - Trib.)

IT : Where tax was deducted by assessee, even if same was under wrong provisions, section 40(a)(ia) cannot be invoked to disallow same

IT : Paintings used in office or given on hire for Ad film shooting would be part of furniture and fixtures eligible for depreciation