https://www.taxtmi.com/caselaws?id=258373 The Tribunal held that section 40(a)(ia) of the Act does not apply to payments already made by the end of the previous year. The AO was directed to verify the claim of the assessee accordingly, and the appeal was treated as allowed for statistical purposes. The judgment emphasized that interest under sections 234B and 234C of the Act is consequential. The decision was pronounced on 26th February 2014. en-us Wed, 26 Feb 2014 00:00:00 +0530 Tue, 07 Apr 2015 08:06:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=258373 The Tribunal held that section 40(a)(ia) of the Act does not apply to payments already made by the end of the previous year. The AO was directed to verify the claim of the assessee accordingly, and the appeal was treated as allowed for statistical purposes. The judgment emphasized that interest under sections 234B and 234C of the Act is consequential. The decision was pronounced on 26th February 2014. Case-Laws Income Tax Wed, 26 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=258373