https://www.taxtmi.com/caselaws?id=275812 The ITAT Chandigarh dismissed Revenue's appeal, affirming the deletion of the addition under section 40(a)(ia) made by the Assessing Officer. The decision was based on the retrospective application of the second proviso to section 40(a)(ia) and the legal principle favoring the assessee in cases of interpretational ambiguity. The ITAT Chandigarh's order was pronounced on 26.05.2017, concluding the legal proceedings in this matter. en-us Fri, 26 May 2017 00:00:00 +0530 Thu, 18 Oct 2018 07:32:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=275812 The ITAT Chandigarh dismissed Revenue's appeal, affirming the deletion of the addition under section 40(a)(ia) made by the Assessing Officer. The decision was based on the retrospective application of the second proviso to section 40(a)(ia) and the legal principle favoring the assessee in cases of interpretational ambiguity. The ITAT Chandigarh's order was pronounced on 26.05.2017, concluding the legal proceedings in this matter. Case-Laws Income Tax Fri, 26 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=275812