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2017 (7) TMI 1089 - HC - Income TaxSection 40(a)(ia) applicability on the amount payable and not on the amount actually paid - rectification of mistake - Held that:- Supreme Court decision in the case M/s Palam Gas Service v. Commissioner of Income Tax [2017 (5) TMI 242 - SUPREME COURT] held that section 40 (a) (ia) of the Income Tax Act, 1961 covered not only these cases where the amounts were payable but also those where it was paid. Consequently, whichever way the matter is looked at, the present appeal is liable to be dismissed. It is ordered accordingly.
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