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<h1>Supreme Court dismisses special leave petition, pending applications disposed.</h1> The Supreme Court dismissed the special leave petition after condoning the delay. Pending applications were disposed of. - TMI Penalty u/s 271(1)(C) - deduction u/s 80IA(4)(iv) rejected - Amounts paid to the employees under the Voluntary Retirement Scheme - whether such expense was an allowable expense or not? - HELD THAT:- SLP dismissed. The Supreme Court dismissed the special leave petition after condoning the delay. Pending applications were disposed of. (Case: 2020 (1) TMI 342 - SC Order)