Entire law on disallowance under section 40(a)(ia)
Jitendra ENTIRE LAW ON DISALLOWANCE UNDER SECTION 40(A)(IA) Mansukhlal Shah v. DCIT (Mum.)(Trib.) Section 40(a)(ia): Merilyn Shipping 136 ITD 23 (SB) should be followed in view of approval by Allahabad HC and dismissal of SLP by Supreme Court. In any event as two views are possible, view in favour of assessee should be followed. Amounts …