https://www.taxtmi.com/caselaws?id=270775 The Tribunal partly allowed the appeal, directing the Assessing Officer to reassess the disallowance under section 40(a)(ia) of the Income Tax Act. The Tribunal emphasized that section 40(a)(ia) applies to the entire expenditure incurred during the year, not just outstanding amounts at year-end. It also ruled that additional evidence, such as Form 15G submitted by sub-contractors, should be admitted if justified. The Tribunal rejected the concept of estoppel against the statute, emphasizing the need for compliance with the law and providing the assessee with a fair hearing. en-us Fri, 23 Oct 2015 00:00:00 +0530 Thu, 14 Jan 2016 10:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=270775 The Tribunal partly allowed the appeal, directing the Assessing Officer to reassess the disallowance under section 40(a)(ia) of the Income Tax Act. The Tribunal emphasized that section 40(a)(ia) applies to the entire expenditure incurred during the year, not just outstanding amounts at year-end. It also ruled that additional evidence, such as Form 15G submitted by sub-contractors, should be admitted if justified. The Tribunal rejected the concept of estoppel against the statute, emphasizing the need for compliance with the law and providing the assessee with a fair hearing. Case-Laws Income Tax Fri, 23 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=270775