TMI BlogExpenditure on Incentives: Bona Fide Intentions Shouldn't Be Questioned Under Mercantile Accounting for Income Tax.Accrual of expenditure - actual or contingent - mercantile basis of accounting - Expenditure on performance incentives and sales incentives - the bonafide of the assessee in making the provision, should not have been doubted.... - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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