https://www.taxtmi.com/caselaws?id=177940 The Tribunal held that the amendment to Section 40(a)(ia) by the Finance Act, 2010 is retrospective from 1.4.2005. Consequently, the assessee's payment of tax deducted at source on or before the due date for filing the return of income should be allowed as a deduction. The disallowance of Rs. 31,67,175 was deleted, and the appeal was allowed. The Tribunal also referenced similar decisions in Rajamahendri Shipping & Oil Field Services Ltd. and Sri Piyush C. Mehta, reinforcing the consistency of this interpretation. en-us Fri, 26 Jul 2013 00:00:00 +0530 Tue, 28 Feb 2017 10:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=177940 The Tribunal held that the amendment to Section 40(a)(ia) by the Finance Act, 2010 is retrospective from 1.4.2005. Consequently, the assessee's payment of tax deducted at source on or before the due date for filing the return of income should be allowed as a deduction. The disallowance of Rs. 31,67,175 was deleted, and the appeal was allowed. The Tribunal also referenced similar decisions in Rajamahendri Shipping & Oil Field Services Ltd. and Sri Piyush C. Mehta, reinforcing the consistency of this interpretation. Case-Laws Income Tax Fri, 26 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=177940