https://www.taxtmi.com/caselaws?id=413900 The Tribunal allowed the assessee's appeal, ruling that the disallowance of Rs. 17,92,413 under section 36(1)(va) was unjustified as the payments were made before the due date for filing the return of income under section 139(1). The amendments to sections 36(1)(va) and 43B by the Finance Act, 2021, were held to apply prospectively from 01.04.2021 and not retrospectively. en-us Wed, 13 Oct 2021 00:00:00 +0530 Fri, 22 Oct 2021 12:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=413900 The Tribunal allowed the assessee's appeal, ruling that the disallowance of Rs. 17,92,413 under section 36(1)(va) was unjustified as the payments were made before the due date for filing the return of income under section 139(1). The amendments to sections 36(1)(va) and 43B by the Finance Act, 2021, were held to apply prospectively from 01.04.2021 and not retrospectively. Case-Laws Income Tax Wed, 13 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=413900