https://www.taxtmi.com/caselaws?id=338883 The Tribunal upheld the CIT(A)'s decision to delete the disallowance under Section 40(a)(ia) based on established legal principles and precedents, including the retrospective applicability of the relevant amendment. The validity of the re-opening proceedings was not pursued further by the assessee, leading to the dismissal of both the Revenue's appeal and the assessee's cross objection. en-us Thu, 09 Feb 2017 00:00:00 +0530 Sat, 11 Feb 2017 12:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=338883 The Tribunal upheld the CIT(A)'s decision to delete the disallowance under Section 40(a)(ia) based on established legal principles and precedents, including the retrospective applicability of the relevant amendment. The validity of the re-opening proceedings was not pursued further by the assessee, leading to the dismissal of both the Revenue's appeal and the assessee's cross objection. Case-Laws Income Tax Thu, 09 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=338883