https://www.taxtmi.com/caselaws?id=197861 The appeal against the Tribunal's order dated 31.5.2013 was dismissed by the High Court, citing the inapplicability of section 40 (a) (ia) of the Income Tax Act, 1961. The Court referenced the Supreme Court decision in M/s Palam Gas Service v. Commissioner of Income Tax, which clarified that the provision covers both amounts payable and actually paid. Despite the appellant's arguments, the Court found the appeal to be without merit and liable for dismissal, as the issue had already been settled in a prior case on the same day. en-us Thu, 27 Jul 2017 00:00:00 +0530 Wed, 17 Jan 2018 11:59:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=197861 The appeal against the Tribunal's order dated 31.5.2013 was dismissed by the High Court, citing the inapplicability of section 40 (a) (ia) of the Income Tax Act, 1961. The Court referenced the Supreme Court decision in M/s Palam Gas Service v. Commissioner of Income Tax, which clarified that the provision covers both amounts payable and actually paid. Despite the appellant's arguments, the Court found the appeal to be without merit and liable for dismissal, as the issue had already been settled in a prior case on the same day. Case-Laws Income Tax Thu, 27 Jul 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=197861