IN HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH ITA No. 69 of 2015 (O & M) Date of Decision:- 15.05.2015 M/s. Rana Polycot Ltd. ......Appellant(s) vs. Additional Commissioner of Income Tax, Range-I, Chandigarh ......Respondent(s) CORAM:- HON'BLE MR. JUSTICE S.J. VAZIFDAR, ACTING CHIEF JUSTICE HON'BLE MR. JUSTICE G.S.SANDHAWALIA Present:- Mr. Nitin Kaushal, Advocate, for appellant. S.J. VAZIFDAR, A.C.J. (Oral) appellant has inter alia raised following substantial question of law:- (ii) Whether Ld. Tribunal is correct in law in not appreciating purposive, conscious and intentional usage of term 'PAYABLE' by Legislature in section 40(a)(ia) of Income Tax Act? question has been answered against appellant by order and judgment dated 29.04.2015 passed by this Court in ITA No. 716 of 2009, M/s. P.M.S. Diesels vs. CIT-2, Jalandhar. present appeal is dismissed in abovesaid terms. (S.J. VAZIFDAR) ACTING CHIEF JUSTICE (G.S. SANDHAWALIA) JUDGE 15.05.2015 shivani SHIVANI GUPTA 2015.05.18 15:54 I attest to accuracy and integrity of this document Chandigarh M/s. Rana Polycot Ltd. v. Additional Commissioner of Income-tax, Range-I, Chandigarh