https://www.taxtmi.com/caselaws?id=429470 The ITAT Delhi allowed the appeal, directing the Assessing Officer to delete the addition made under section 36(1)(va) of the Income Tax Act, 1961. The Tribunal held that the amendment to section 43B applies from Assessment Year 2020-21 and as the assessee made payments before the due date, the disallowance was unjustified. This decision aligns with the Kolkata Bench's interpretation and emphasizes adherence to judicial precedents and principles of natural justice in tax assessments. en-us Thu, 29 Sep 2022 00:00:00 +0530 Fri, 28 Oct 2022 12:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=429470 The ITAT Delhi allowed the appeal, directing the Assessing Officer to delete the addition made under section 36(1)(va) of the Income Tax Act, 1961. The Tribunal held that the amendment to section 43B applies from Assessment Year 2020-21 and as the assessee made payments before the due date, the disallowance was unjustified. This decision aligns with the Kolkata Bench's interpretation and emphasizes adherence to judicial precedents and principles of natural justice in tax assessments. Case-Laws Income Tax Thu, 29 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=429470