https://www.taxtmi.com/caselaws?id=342563 The High Court upheld the decision of the Income Tax Appellate Tribunal to delete the disallowance under section 40(a)(ia) of the Income Tax Act, 1961 for A.Y. 2005-06. The Court found that the issue had already been settled in favor of the assessee by a previous decision of the Division Bench and subsequently approved by the Supreme Court. As there was no error in the ITAT's decision, the Court dismissed the appeal by the revenue, stating that no substantial question of law arose in the case. en-us Tue, 18 Apr 2017 00:00:00 +0530 Mon, 08 May 2017 08:22:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=342563 The High Court upheld the decision of the Income Tax Appellate Tribunal to delete the disallowance under section 40(a)(ia) of the Income Tax Act, 1961 for A.Y. 2005-06. The Court found that the issue had already been settled in favor of the assessee by a previous decision of the Division Bench and subsequently approved by the Supreme Court. As there was no error in the ITAT's decision, the Court dismissed the appeal by the revenue, stating that no substantial question of law arose in the case. Case-Laws Income Tax Tue, 18 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=342563