hi plz any one can reply

Mr.Telugu Satyanarayana

Section 40(a)(ia) has been amended by Finnce Act, 2010.  The amendments are effective from 1-4-2010.  Please go through the amendments.

Best Wishes

Sathikonda

Mr.Telugu Satyananarayana

The  Ahemadabad Tribunal has decided a Case Rambhai Kanubhai Vs. ITO which is very much help to you because the Tribunal has decided the case in favour of the assessee.  I am herewith attaching the said case law.  Please go through the same.

Best Wishes

Sathikonda