2017 (8) TMI 1448 - HC - Income Tax

Disallowance under section 40(a)(ia) - Held that - we have by detailed order passed in 2017 (10) TMI 484 - GUJARAT HIGH COURT and connected appeals rejected the Revenue s appeals. Without recording separate reasons, therefore, this tax appeal is also dismissed. - Decided against the revenue.

Summary

The Gujarat High Court dismissed the Revenue's appeal challenging the judgment of the Income Tax Appellate Tribunal dated 29.07.2016. The only question discussed was the disallowance under section 40(a)(ia) of the Act. Other questions were deemed purely factual. The appeal was dismissed without separate reasons.