Deduction timing rules: deduction allowed only if payment is actually made and realised by the due date. The substituted proviso requires that deductions for specified sums are allowable only if the sum has actually been paid in cash or by cheque, draft or any other mode on or before the due date and, if paid otherwise than in cash, the sum has been realised within fifteen days from the due date.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Deduction timing rules: deduction allowed only if payment is actually made and realised by the due date.
The substituted proviso requires that deductions for specified sums are allowable only if the sum has actually been paid in cash or by cheque, draft or any other mode on or before the due date and, if paid otherwise than in cash, the sum has been realised within fifteen days from the due date.
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