TMI BlogTPA - ALP - Provision of expenses - The AO has misunderstood the provision debited and credited to the...TPA - ALP - Provision of expenses - The AO has misunderstood the provision debited and credited to the price support account as a mere provision and not as an actual expense. When this provision is a part and parcel of the total price support expense, such part of provision, which actually represents the expenditure incurred, cannot be disallowed. - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
