https://www.taxtmi.com/caselaws?id=291384 The Tribunal partly allowed the assessee's appeals, remanding the issue of disallowance under Section 40(a)(ia) for non-deduction of TDS back to the AO for verification. The Tribunal directed the AO to consider the revised computation filed by the assessee for deduction of prior period expenses, allowing this ground for statistical purposes. Additionally, the Tribunal upheld the CIT(A)'s decision to allow the deduction of PF and ESIC contributions, dismissing the Revenue's appeal. The Tribunal emphasized the importance of verifying claims and applying legal provisions correctly to avoid unjust denials. en-us Fri, 18 Dec 2015 00:00:00 +0530 Sun, 08 Nov 2020 18:39:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=291384 The Tribunal partly allowed the assessee's appeals, remanding the issue of disallowance under Section 40(a)(ia) for non-deduction of TDS back to the AO for verification. The Tribunal directed the AO to consider the revised computation filed by the assessee for deduction of prior period expenses, allowing this ground for statistical purposes. Additionally, the Tribunal upheld the CIT(A)'s decision to allow the deduction of PF and ESIC contributions, dismissing the Revenue's appeal. The Tribunal emphasized the importance of verifying claims and applying legal provisions correctly to avoid unjust denials. Case-Laws Income Tax Fri, 18 Dec 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=291384