https://www.taxtmi.com/caselaws?id=377926 The High Court ruled in favor of the Revenue in a tax case involving the deletion of disallowances for expenditure related to non-convertible debentures and redemption premium, disallowance under section 36(1)(va) for delayed PF and ESIC payments, and 80IA deduction from gross total income. The Court held that the Tribunal erred in allowing the entire claim for the debenture expenditure, disallowed the employee's contribution to PF and ESIC, and noted the finality of the 80IA deduction issue. The Assessing Officer was directed to proceed based on the legal findings. en-us Mon, 25 Feb 2019 00:00:00 +0530 Mon, 10 Oct 2022 13:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=377926 The High Court ruled in favor of the Revenue in a tax case involving the deletion of disallowances for expenditure related to non-convertible debentures and redemption premium, disallowance under section 36(1)(va) for delayed PF and ESIC payments, and 80IA deduction from gross total income. The Court held that the Tribunal erred in allowing the entire claim for the debenture expenditure, disallowed the employee's contribution to PF and ESIC, and noted the finality of the 80IA deduction issue. The Assessing Officer was directed to proceed based on the legal findings. Case-Laws Income Tax Mon, 25 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=377926