https://www.taxtmi.com/caselaws?id=179505 The Tribunal partially allowed the assessee's appeal, directing the assessing officer to restrict the disallowance under section 40(a)(ia) of the Income-Tax Act to amounts payable after 31st March. The Tribunal emphasized the binding nature of Special Bench decisions on smaller benches and coordinate benches unless overturned by the jurisdictional High Court, upholding the decision of the Special Bench Visakhapatnam and the observation of the Hon'ble A.P. High Court. Additionally, the Tribunal found the 10% disallowance of expenses related to wages reasonable, rejecting the assessee's appeal on this ground. en-us Wed, 22 Jul 2015 00:00:00 +0530 Thu, 03 Mar 2016 11:14:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=179505 The Tribunal partially allowed the assessee's appeal, directing the assessing officer to restrict the disallowance under section 40(a)(ia) of the Income-Tax Act to amounts payable after 31st March. The Tribunal emphasized the binding nature of Special Bench decisions on smaller benches and coordinate benches unless overturned by the jurisdictional High Court, upholding the decision of the Special Bench Visakhapatnam and the observation of the Hon'ble A.P. High Court. Additionally, the Tribunal found the 10% disallowance of expenses related to wages reasonable, rejecting the assessee's appeal on this ground. Case-Laws Income Tax Wed, 22 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=179505