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![Sec 40(a)(ia) of the Income Tax Act is applicable in case of Expenditure ‘payable’ only: ITAT Hyderabad [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/ITAT-Kolkata-TaxScan.jpg "Sec 40(a)(ia) of the Income Tax Act is applicable in case of Expenditure ‘payable’ only: ITAT Hyderabad [Read Order]")
Sec 40(a)(ia) of the Income Tax Act is applicable in case of Expenditure ‘payable’ only: ITAT Hyderabad [Read Order]
In a recent ruling in ITO v. M/s. Amardeep Textiles, the Hyderabad ITAT ruled that s. 40(a)(ia) of the Income Tax Act can be invoked only in case of...