https://www.taxtmi.com/caselaws?id=264735 The ITAT allowed the appeal against the Commissioner's order under section 263 of the Income Tax Act for the assessment year 2007-08. The ITAT found that the Commissioner's decision to disallow the provision for liability on account of the pension scheme under section 43B was erroneous. The ITAT directed the issue back to the Assessing Officer for proper verification and examination, emphasizing that the pension scheme did not fall under section 43B. The appeal was allowed for statistical purposes, setting aside the Commissioner's decision. en-us Wed, 25 Mar 2015 00:00:00 +0530 Thu, 01 Oct 2015 11:56:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=264735 The ITAT allowed the appeal against the Commissioner's order under section 263 of the Income Tax Act for the assessment year 2007-08. The ITAT found that the Commissioner's decision to disallow the provision for liability on account of the pension scheme under section 43B was erroneous. The ITAT directed the issue back to the Assessing Officer for proper verification and examination, emphasizing that the pension scheme did not fall under section 43B. The appeal was allowed for statistical purposes, setting aside the Commissioner's decision. Case-Laws Income Tax Wed, 25 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=264735