https://www.taxtmi.com/caselaws?id=176996 Prior period expenditure is deductible when the liability crystallises in the relevant year, even if the payment relates to arrears such as rent or interest. The separate deduction regimes under section 36(1)(vii) and section 36(1)(viia) operate independently, subject to the limited bar against double deduction for rural advances. Section 88E rebate is available against tax computed under section 115JB because MAT is also income tax. Claims under section 35D and disallowance under section 14A may require fresh examination and reasonable recomputation on the facts. en-us Wed, 10 Apr 2013 00:00:00 +0530 Sun, 17 Nov 2019 18:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=176996 Prior period expenditure is deductible when the liability crystallises in the relevant year, even if the payment relates to arrears such as rent or interest. The separate deduction regimes under section 36(1)(vii) and section 36(1)(viia) operate independently, subject to the limited bar against double deduction for rural advances. Section 88E rebate is available against tax computed under section 115JB because MAT is also income tax. Claims under section 35D and disallowance under section 14A may require fresh examination and reasonable recomputation on the facts. Case-Laws Income Tax Wed, 10 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=176996