https://www.taxtmi.com/caselaws?id=10255 The court interpreted section 43B(a) of the Income-tax Act, 1961 before and after the relevant amendment for the assessment year 1985-86. It emphasized resolving statutory ambiguities in favor of the taxpayer and clarified that the amendment expanded the provision to include various payments. The court upheld the Tribunal's decision, stating that the Revenue cannot retroactively increase the burden on the assessee based on subsequent amendments. The appeal was dismissed, affirming the Tribunal's ruling in favor of the taxpayer. en-us Tue, 02 Dec 2003 00:00:00 +0530 Sat, 11 Jul 2009 17:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=10255 The court interpreted section 43B(a) of the Income-tax Act, 1961 before and after the relevant amendment for the assessment year 1985-86. It emphasized resolving statutory ambiguities in favor of the taxpayer and clarified that the amendment expanded the provision to include various payments. The court upheld the Tribunal's decision, stating that the Revenue cannot retroactively increase the burden on the assessee based on subsequent amendments. The appeal was dismissed, affirming the Tribunal's ruling in favor of the taxpayer. Case-Laws Income Tax Tue, 02 Dec 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=10255