TMI Blog2017 (11) TMI 1638X X X X Extracts X X X X X X X X Extracts X X X X ..... ugned order of the ITAT requires to be modified; instead of the remand to the CIT(A), the Court hereby directs the ITAT to decide the issue with respect to provision for liquidated damages and warrants – claimed by the assessee as expenses, in this appeal along with the appeals for AY 2005-06, said to be pending before it. The parties shall be present before the ITAT on 28.11.2017 when the other a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s are contingencies or unascertained liabilities . It is submitted that having regard to the restricted nature of the claim which is more by way of appreciation of the precedents, the course adopted by the ITAT was not appropriate; rather it should have decided the issue. Learned counsel for the respondent urges that the issue with respect to such provision i.e. for liquidated damages ..... X X X X Extracts X X X X X X X X Extracts X X X X
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