https://www.taxtmi.com/caselaws?id=269264 The High Court upheld the Tribunal's decision, emphasizing that Section 40(a)(ia) does not apply when the amount disallowed was not claimed as an expenditure for tax purposes. The Court found the Revenue's appeal unsustainable, citing legal provisions and factual consistency with a previous decision for a different assessment year. en-us Mon, 30 Nov 2015 00:00:00 +0530 Tue, 14 Jul 2026 10:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=269264 The High Court upheld the Tribunal's decision, emphasizing that Section 40(a)(ia) does not apply when the amount disallowed was not claimed as an expenditure for tax purposes. The Court found the Revenue's appeal unsustainable, citing legal provisions and factual consistency with a previous decision for a different assessment year. Case-Laws Income Tax Mon, 30 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=269264