https://www.taxtmi.com/caselaws?id=266467 The Tribunal partially allowed the appeal concerning disallowance of expenditure under Section 40(a)(ia) of the Income Tax Act. It held that disallowance does not apply to amounts already paid during the year if no expenditure remained payable at the year-end. A fresh assessment was ordered for an amount without TDS deduction, while expenditure with TDS deduction was not disallowed. Disallowance without declaring the assessee as "assessee in default" was upheld for payable amounts, resulting in a partial allowance of the appeal. The Tribunal provided detailed analysis and rulings on each issue, with the judgment pronounced on April 1, 2015. en-us Wed, 01 Apr 2015 00:00:00 +0530 Tue, 20 Oct 2015 15:25:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=266467 The Tribunal partially allowed the appeal concerning disallowance of expenditure under Section 40(a)(ia) of the Income Tax Act. It held that disallowance does not apply to amounts already paid during the year if no expenditure remained payable at the year-end. A fresh assessment was ordered for an amount without TDS deduction, while expenditure with TDS deduction was not disallowed. Disallowance without declaring the assessee as "assessee in default" was upheld for payable amounts, resulting in a partial allowance of the appeal. The Tribunal provided detailed analysis and rulings on each issue, with the judgment pronounced on April 1, 2015. Case-Laws Income Tax Wed, 01 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=266467