https://www.taxtmi.com/caselaws?id=256532 The ITAT partially allowed the appeal, directing the AO to allow the expenditure if paid within the relevant financial year, based on the ITAT Special Bench decision. The judgment highlighted the binding nature of the ITAT decision until reversed by the High Court, clarifying the disallowance under section 40(a)(ia) for the given context. en-us Wed, 28 Jan 2015 00:00:00 +0530 Mon, 15 Feb 2016 16:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=256532 The ITAT partially allowed the appeal, directing the AO to allow the expenditure if paid within the relevant financial year, based on the ITAT Special Bench decision. The judgment highlighted the binding nature of the ITAT decision until reversed by the High Court, clarifying the disallowance under section 40(a)(ia) for the given context. Case-Laws Income Tax Wed, 28 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=256532