https://www.taxtmi.com/article/detailed?id=5272 The article addresses judicial conflict over the meaning of "sum payable" in Section 40(a)(ia). While some authorities restrict disallowance to sums payable at year end, the author contends the provision applies to any expenditure otherwise allowable in the previous year-accrued or paid-where TDS was required but not deducted or deposited. The piece notes that capital or non allowable sums fall outside the provision and highlights factual distinctions (reimbursements versus contractor payments) that affect deductibility analysis. en-us Mon, 09 Sep 2013 09:58:20 +0530 Mon, 09 Sep 2013 09:58:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=5272 The article addresses judicial conflict over the meaning of "sum payable" in Section 40(a)(ia). While some authorities restrict disallowance to sums payable at year end, the author contends the provision applies to any expenditure otherwise allowable in the previous year-accrued or paid-where TDS was required but not deducted or deposited. The piece notes that capital or non allowable sums fall outside the provision and highlights factual distinctions (reimbursements versus contractor payments) that affect deductibility analysis. Articles Income Tax Mon, 09 Sep 2013 09:58:20 +0530 https://www.taxtmi.com/article/detailed?id=5272