26 November 2015
Assessee disallowed 100k under 40a (ia) on year end provision and subsequently reversed the entire 100k on the first day of the next financial year. On receipt on bills for 90k pertaining to the last year, he paid the same with tds. Now in the next financial year, whether 100k or 90k is allowed as an allowance in the subsequent year of payment of 90k?? Thanks in advance, experts.
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