https://www.taxtmi.com/caselaws?id=191173 The ITAT Jaipur ruled in favor of the appellant in an appeal against the disallowance under section 40(a)(ia) of the IT Act. Citing legal precedents and conflicting High Court views, the ITAT held that the disallowance should be deleted, following the principle favoring the assessee. The decision emphasized adherence to binding precedents and the significance of conflicting interpretations in tax matters, ultimately allowing the appellant's appeal. en-us Tue, 26 Jul 2016 00:00:00 +0530 Wed, 22 Mar 2017 23:17:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=191173 The ITAT Jaipur ruled in favor of the appellant in an appeal against the disallowance under section 40(a)(ia) of the IT Act. Citing legal precedents and conflicting High Court views, the ITAT held that the disallowance should be deleted, following the principle favoring the assessee. The decision emphasized adherence to binding precedents and the significance of conflicting interpretations in tax matters, ultimately allowing the appellant's appeal. Case-Laws Income Tax Tue, 26 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=191173