https://www.taxtmi.com/caselaws?id=430565 The Special Bench ruled in favor of the assessee, holding that the deduction under section 36(1)(viia) r/w Rule 6ABA should be allowed on the total outstanding advances at the end of each month, including the opening balances. The matter was remitted back to the Division Bench for further adjudication of other pending issues. en-us Thu, 10 Nov 2022 00:00:00 +0530 Tue, 22 Nov 2022 10:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=430565 The Special Bench ruled in favor of the assessee, holding that the deduction under section 36(1)(viia) r/w Rule 6ABA should be allowed on the total outstanding advances at the end of each month, including the opening balances. The matter was remitted back to the Division Bench for further adjudication of other pending issues. Case-Laws Income Tax Thu, 10 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=430565