Deduction of future expenses - accrued liability towards ...

Income Tax

September 7, 2019

Deduction of future expenses - accrued liability towards construction of building which was sold as incomplete during construction - it is not a contingent liability- the expenditure incurred by the assessee company during the financial years subsequent to the sale of the building, is eligible for deduction in computation of taxable income - HC

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Deduction of future expenses - accrued liability towards ...

Income Tax

September 7, 2019

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