https://www.taxtmi.com/caselaws?id=361067 The Tribunal dismissed the Revenue's appeal, affirming that the second proviso to Section 40(a)(ia) applies retrospectively. The deletion of the disallowance by the CIT(A) was upheld, ensuring that no disallowance is made if the recipient has included the interest in their income and paid the corresponding tax. en-us Mon, 21 May 2018 00:00:00 +0530 Tue, 29 May 2018 09:00:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=361067 The Tribunal dismissed the Revenue's appeal, affirming that the second proviso to Section 40(a)(ia) applies retrospectively. The deletion of the disallowance by the CIT(A) was upheld, ensuring that no disallowance is made if the recipient has included the interest in their income and paid the corresponding tax. Case-Laws Income Tax Mon, 21 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=361067