https://www.taxtmi.com/caselaws?id=176422 The tribunal set aside the orders of the Ld. CIT(A) for both assesses and remanded the matters to the Assessing Officer for verification and decision following the Special Bench's ruling. The tribunal held that disallowance under section 40(a)(ia) should only apply to payable expenditure as of 31st March, not to amounts already paid during the relevant previous year without TDS deduction. The assesses' appeals were considered allowed for statistical purposes. en-us Fri, 14 Sep 2012 00:00:00 +0530 Mon, 27 Nov 2017 11:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=176422 The tribunal set aside the orders of the Ld. CIT(A) for both assesses and remanded the matters to the Assessing Officer for verification and decision following the Special Bench's ruling. The tribunal held that disallowance under section 40(a)(ia) should only apply to payable expenditure as of 31st March, not to amounts already paid during the relevant previous year without TDS deduction. The assesses' appeals were considered allowed for statistical purposes. Case-Laws Income Tax Fri, 14 Sep 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=176422