https://www.taxtmi.com/caselaws?id=416567 The Tribunal found in favor of the appellants, ruling that the intimation order passed under Section 143(1) read with Section 154 was illegal. It held that contributions made before filing the return under Section 139(1) should not be disallowed under Section 36(1)(va) of the Income Tax Act. Additionally, the retrospective application of the amendment to Section 36(1)(va) was rejected, emphasizing the importance of procedural fairness and proper jurisdiction in passing such orders. The Tribunal allowed the appeals, deleting the disallowances and emphasizing the allowance of genuine business expenditures under Section 37. en-us Tue, 14 Dec 2021 00:00:00 +0530 Sat, 01 Jan 2022 08:55:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=416567 The Tribunal found in favor of the appellants, ruling that the intimation order passed under Section 143(1) read with Section 154 was illegal. It held that contributions made before filing the return under Section 139(1) should not be disallowed under Section 36(1)(va) of the Income Tax Act. Additionally, the retrospective application of the amendment to Section 36(1)(va) was rejected, emphasizing the importance of procedural fairness and proper jurisdiction in passing such orders. The Tribunal allowed the appeals, deleting the disallowances and emphasizing the allowance of genuine business expenditures under Section 37. Case-Laws Income Tax Tue, 14 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=416567