https://www.taxtmi.com/caselaws?id=340765 The Supreme Court allowed the appeal, overturning the High Court's decision, emphasizing that correct income computation based on contract receipts precludes additional disallowances under Section 40(a)(ia) of the Income Tax Act. The Court highlighted the importance of accurate income assessment and compliance with relevant provisions to avoid unwarranted disallowances. en-us Fri, 10 Mar 2017 00:00:00 +0530 Mon, 27 Mar 2017 07:44:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=340765 The Supreme Court allowed the appeal, overturning the High Court's decision, emphasizing that correct income computation based on contract receipts precludes additional disallowances under Section 40(a)(ia) of the Income Tax Act. The Court highlighted the importance of accurate income assessment and compliance with relevant provisions to avoid unwarranted disallowances. Case-Laws Income Tax Fri, 10 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=340765