https://www.taxtmi.com/caselaws?id=407597 Expenditure disallowances under section 37(1), including estimated cash expenditure, remained subject to fresh factual verification directed consistently with an earlier appellate direction. Prior-period expenditure was allowable where the liability crystallised during the relevant previous year because supporting bills were received later. Disallowance under section 40(a)(ia) did not apply to a provision lacking corresponding payment or an identifiable payee, as tax deduction at source could not be applied mechanically. Short deduction of tax at source also did not trigger disallowance under that provision. The appellate relief on all disputed additions was sustained. en-us Thu, 29 Apr 2021 00:00:00 +0530 Sat, 15 May 2021 08:26:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=407597 Expenditure disallowances under section 37(1), including estimated cash expenditure, remained subject to fresh factual verification directed consistently with an earlier appellate direction. Prior-period expenditure was allowable where the liability crystallised during the relevant previous year because supporting bills were received later. Disallowance under section 40(a)(ia) did not apply to a provision lacking corresponding payment or an identifiable payee, as tax deduction at source could not be applied mechanically. Short deduction of tax at source also did not trigger disallowance under that provision. The appellate relief on all disputed additions was sustained. Case-Laws Income Tax Thu, 29 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=407597