Provision for custom duty when litigation is pending - The ...

Custom Duty in Pending Litigation Classified as Contingent Liability per Accounting Standard 29 by ICAI.

February 10, 2014

Case Laws Income Tax HC

Provision for custom duty when litigation is pending - The subject liability is clearly a contingent liability and squarely falls within the definition of the expression contingent liability as defined under the Accounting Standard 29 issued by ICAI - HC

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Provision for custom duty when litigation is pending - The ...

Custom Duty in Pending Litigation Classified as Contingent Liability per Accounting Standard 29 by ICAI.

February 10, 2014

Case Laws Income Tax HC

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