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Dept’s SLP against High Court’s verdict that s. 40(a)(ia) disallowance applies only to amounts “payable” as of 31st March and not to amounts already “paid” during the year dismissed
In CIT vs. Vector Shipping Services (P) Ltd 357 ITR 642, the Allahabad High Court held that disallowance u/s 40(a)(ia) applies only to amounts “payable” as of 31st March and not to amounts already “paid” during the year. The majority judgement in Merilyn Shipping 136 ITD 23 (SB) was approved. The department filed a Special Leave Petition (SLP) in the Supreme Court. The said SLP has been dismissed by the Supreme Court in limine.
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it is time hon SC fine the government for frivalous louzy SLPs, by revenue, then court can have time to look properly at other very important matters of citizens. government need realize its duty to the citizens of the country first then government meaningful issues, had i been on benches i would not have hesitated pulling up so called great public servants in government.
it is time hon SC fine the government for frivalous louzy SLPs, by revenue, then court can have time to look properly at other very important matters of citizens. government need realize its duty to the citizens of the country first then government meaningful issues, had i been on benches i would not have hesitated pulling up so called great public servants in government.