Provision for liquidity damages disallowed - The liability...
Court Disallows Liquidity Damages After Delay, Permits Deduction of Accrued Claim in Contract Execution Case.
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Income TaxOctober 15, 2014Case LawsAT
Provision for liquidity damages disallowed - The liability crystallized with the occurrence of event of delay in the execution of contract - deduction of claim allowed as accrued - AT