https://www.taxtmi.com/caselaws?id=415808 The ITAT allowed the appeals of the assessee, leading to the deletion of disallowances amounting to Rs. 5,88,203 for A.Y. 2018-2019 and Rs. 60,540 for A.Y. 2019-2020. The ITAT held that the disallowances made by the AO and confirmed by the CIT(A) were not sustainable, based on the analysis of the applicability of Section 43B and the amended provisions of Section 36(1)(va) and 43B of the Income Tax Act, 1961. en-us Mon, 08 Nov 2021 00:00:00 +0530 Wed, 15 Dec 2021 09:25:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=415808 The ITAT allowed the appeals of the assessee, leading to the deletion of disallowances amounting to Rs. 5,88,203 for A.Y. 2018-2019 and Rs. 60,540 for A.Y. 2019-2020. The ITAT held that the disallowances made by the AO and confirmed by the CIT(A) were not sustainable, based on the analysis of the applicability of Section 43B and the amended provisions of Section 36(1)(va) and 43B of the Income Tax Act, 1961. Case-Laws Income Tax Mon, 08 Nov 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=415808