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2012 (11) TMI 1108 - AT - Income TaxDisallowance of provision for Leave encashment u/s 43B(f) - provisional liability or not - Held that:- An employer is entitled for deduction for the expenditure he incurs for running his business in the form of perquisites as it is trading liability - the provisions made on account of leave encashment should be allowed although the liability may have to be quantified and discharged at a future date - Decided in favor of assessee.
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