https://www.taxtmi.com/caselaws?id=299066 The Tribunal reversed the CIT(A)'s decision, holding that section 40(a)(ia) of the IT Act applies to both "paid" and "payable" amounts. The Tribunal remanded the matter to the AO for a fresh examination, directing consideration of the details and submissions provided by the assessee for determining the disallowance. The order was pronounced on 7th April 2016. en-us Thu, 07 Apr 2016 00:00:00 +0530 Fri, 03 Dec 2021 08:59:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=299066 The Tribunal reversed the CIT(A)'s decision, holding that section 40(a)(ia) of the IT Act applies to both "paid" and "payable" amounts. The Tribunal remanded the matter to the AO for a fresh examination, directing consideration of the details and submissions provided by the assessee for determining the disallowance. The order was pronounced on 7th April 2016. Case-Laws Income Tax Thu, 07 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=299066