https://www.taxtmi.com/caselaws?id=273282 The Tribunal upheld the Dispute Resolution Panel's decision in ITA 1413/M/2014, ruling that the Assessee was not liable for disallowance under section 40(a)(ia) due to inapplicability of retrospective amendments at the time of deduction. The cross objections in C.O. No.71/M/2014 were found infructuous. In ITA No.1414/M/2014 & CO No. 72/Mum/2014, the Tribunal dismissed the appeals and cross objections, aligning with its previous decisions. en-us Wed, 05 Aug 2015 00:00:00 +0530 Fri, 15 Jun 2018 07:20:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=273282 The Tribunal upheld the Dispute Resolution Panel's decision in ITA 1413/M/2014, ruling that the Assessee was not liable for disallowance under section 40(a)(ia) due to inapplicability of retrospective amendments at the time of deduction. The cross objections in C.O. No.71/M/2014 were found infructuous. In ITA No.1414/M/2014 & CO No. 72/Mum/2014, the Tribunal dismissed the appeals and cross objections, aligning with its previous decisions. Case-Laws Income Tax Wed, 05 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=273282