https://www.taxtmi.com/caselaws?id=262452 The High Court ruled in favor of the Revenue, disallowing the deduction claimed by the assessee for the contribution made to the medical benefit scheme for retired employees. The court emphasized the significance of Section 40A(9) in restricting deductions for specific payments, stating that the contribution did not meet the criteria under Section 36. The court's decision was based on a detailed analysis of statutory provisions and relevant precedents, highlighting the impact of legislative changes on the interpretation of previous judgments. en-us Tue, 21 Jul 2015 00:00:00 +0530 Wed, 04 May 2016 13:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=262452 The High Court ruled in favor of the Revenue, disallowing the deduction claimed by the assessee for the contribution made to the medical benefit scheme for retired employees. The court emphasized the significance of Section 40A(9) in restricting deductions for specific payments, stating that the contribution did not meet the criteria under Section 36. The court's decision was based on a detailed analysis of statutory provisions and relevant precedents, highlighting the impact of legislative changes on the interpretation of previous judgments. Case-Laws Income Tax Tue, 21 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=262452