https://www.taxtmi.com/caselaws?id=386414 The High Court addressed issues concerning disallowances under section 40(a)(ia) of the Income Tax Act on interest payable and leave encashment expenditure for assessment years 2009-10 and 2010-11. The Court admitted common questions for consideration regarding the disallowances, emphasizing the need for compliance with tax deduction obligations and the legal effect of judgments on leave encashment payments. Ultimately, the Court's detailed analysis clarified the interpretation of the law, leading to a comprehensive understanding of the legal reasoning behind the judgment. en-us Fri, 20 Sep 2019 00:00:00 +0530 Fri, 27 Sep 2019 08:08:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=386414 The High Court addressed issues concerning disallowances under section 40(a)(ia) of the Income Tax Act on interest payable and leave encashment expenditure for assessment years 2009-10 and 2010-11. The Court admitted common questions for consideration regarding the disallowances, emphasizing the need for compliance with tax deduction obligations and the legal effect of judgments on leave encashment payments. Ultimately, the Court's detailed analysis clarified the interpretation of the law, leading to a comprehensive understanding of the legal reasoning behind the judgment. Case-Laws Income Tax Fri, 20 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=386414