https://www.taxtmi.com/caselaws?id=269725 The Tribunal ruled in favor of the assessee, emphasizing that disallowance under S.40(a)(ia) is only justified if the expenditure remains outstanding at the end of the relevant year. The Tribunal directed the Assessing Officer to verify if the claimed expenditure was paid within the relevant year and allowed the appeal, highlighting the importance of confirming payment details before disallowing claimed expenditures under S.40(a)(ia). en-us Fri, 27 Nov 2015 00:00:00 +0530 Fri, 18 Dec 2015 12:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=269725 The Tribunal ruled in favor of the assessee, emphasizing that disallowance under S.40(a)(ia) is only justified if the expenditure remains outstanding at the end of the relevant year. The Tribunal directed the Assessing Officer to verify if the claimed expenditure was paid within the relevant year and allowed the appeal, highlighting the importance of confirming payment details before disallowing claimed expenditures under S.40(a)(ia). Case-Laws Income Tax Fri, 27 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=269725