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2018 (2) TMI 185 - HC - Income TaxAccrued or a contingent liability - liability of the Assessee to pay enhanced licence fee - Revisions of licence fees - Tax treatment of claim of licence fee as deduction - whether licence fee payable to the Railways to be an accrued liability? - Held that:- The question of law in this appeal are no longer res integra; they have been concluded by the common judgment of this Court in Jagdish Prasad Gupta v. CIT [2017 (8) TMI 734 - DELHI HIGH COURT] as held that the assessee’s liability to pay enhanced license fee to the Railways for the assessment in question was an accrued liability that arises in the year in which the payment was issued.
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