https://www.taxtmi.com/caselaws?id=10424 The court ruled in favor of the Revenue, affirming the disallowance of deductions for contributions to the Executive Welfare Trust and upholding the applicability of section 40A(9) of the Income-tax Act. The court emphasized that the contributions made did not align with permissible deductions under section 36(1) of the Act, which led to the denial of the claimed deductions. The court also rejected the argument challenging the retrospective application of section 40A(9), stating that there was no prior declaration of its unconstitutionality. en-us Wed, 15 Dec 2004 00:00:00 +0530 Wed, 15 Jul 2009 17:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=10424 The court ruled in favor of the Revenue, affirming the disallowance of deductions for contributions to the Executive Welfare Trust and upholding the applicability of section 40A(9) of the Income-tax Act. The court emphasized that the contributions made did not align with permissible deductions under section 36(1) of the Act, which led to the denial of the claimed deductions. The court also rejected the argument challenging the retrospective application of section 40A(9), stating that there was no prior declaration of its unconstitutionality. Case-Laws Income Tax Wed, 15 Dec 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=10424