Allowable expenditure - the revised price is an ascertained ...

Income Tax

January 3, 2020

Allowable expenditure - the revised price is an ascertained liability and not a contingent liability - the claim of the assessee u/s 37(1) is allowable particularly since the assessee itself has offered the cessation of liability to tax in the year of crystallization.

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Allowable expenditure - the revised price is an ascertained ...

Income Tax

January 3, 2020

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