https://www.taxtmi.com/caselaws?id=407597 The article addresses three tax issues before the ITAT Hyderabad. First, expenditure disallowances under section 37(1) and an estimated cash expenditure disallowance were not disturbed because the first appellate authority had followed earlier tribunal directions and required fresh factual verification. Second, prior period expenditure was deleted on the basis that the liability crystallised in the relevant previous year when the bills were received later. Third, disallowance under section 40(a)(ia) was sustained as deleted where the amount was only a provision without an identifiable payee or corresponding payment, and short deduction of tax at source was treated as outside the provision's scope. 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 The article addresses three tax issues before the ITAT Hyderabad. First, expenditure disallowances under section 37(1) and an estimated cash expenditure disallowance were not disturbed because the first appellate authority had followed earlier tribunal directions and required fresh factual verification. Second, prior period expenditure was deleted on the basis that the liability crystallised in the relevant previous year when the bills were received later. Third, disallowance under section 40(a)(ia) was sustained as deleted where the amount was only a provision without an identifiable payee or corresponding payment, and short deduction of tax at source was treated as outside the provision's scope. Case-Laws Income Tax Thu, 29 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=407597