https://www.taxtmi.com/caselaws?id=269384 The Tribunal allowed the Revenue's appeal for statistical purposes, emphasizing the need for thorough verification of outstanding or payable amounts before applying sec.40(a)(ia) of the Income Tax Act. The decision highlighted the importance of providing the assessee with a fair opportunity to present their case in such matters. en-us Fri, 06 Nov 2015 00:00:00 +0530 Wed, 23 Dec 2015 12:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=269384 The Tribunal allowed the Revenue's appeal for statistical purposes, emphasizing the need for thorough verification of outstanding or payable amounts before applying sec.40(a)(ia) of the Income Tax Act. The decision highlighted the importance of providing the assessee with a fair opportunity to present their case in such matters. Case-Laws Income Tax Fri, 06 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=269384