326 ITR

Income Tax Case Laws, Sec. 2(24), Sec. 2(24)(x), Sec. 37(1), Section 43B

Punjab & Haryana H.C : the payments were made beyond the due dates and were, therefore, not allowable under s. 36(1)(va) and were to be treated as income under s. 2(24)(x) of the IT Act, 1961, in contravention of the decision in the case of CIT vs. Pamwi Tissues Ltd. (2008) 215 CTR (Bom) 150 : (2008) 3 DTR (Bom) 66

High Court Of Punjab & Haryana CIT vs. Lakhani Rubber Works Section 2(24)(x), 37(1), 43B Asst. Year 2003-04 M.M. Kumar

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