https://www.taxtmi.com/caselaws?id=212122 Section 40(a)(ia) was construed strictly as a disallowance provision and, on its plain text, was held to apply only to amounts outstanding as payable on 31 March. The retention of the word "payable" in the enacted provision, read in its ordinary sense and in the context of Chapter XVII-B, meant that sums actually paid during the previous year were outside its scope. The TDS machinery provisions and section 43(2) were not treated as enlarging the statutory reach beyond the language used. Accordingly, disallowance under section 40(a)(ia) was confined to year-end payables without TDS deduction. en-us Mon, 09 Apr 2012 00:00:00 +0530 Thu, 08 Sep 2016 15:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=212122 Section 40(a)(ia) was construed strictly as a disallowance provision and, on its plain text, was held to apply only to amounts outstanding as payable on 31 March. The retention of the word "payable" in the enacted provision, read in its ordinary sense and in the context of Chapter XVII-B, meant that sums actually paid during the previous year were outside its scope. The TDS machinery provisions and section 43(2) were not treated as enlarging the statutory reach beyond the language used. Accordingly, disallowance under section 40(a)(ia) was confined to year-end payables without TDS deduction. Case-Laws Income Tax Mon, 09 Apr 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=212122