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2000 (11) TMI 286 - ITAT CALCUTTA-D
Extract:
.......mber who held the view that the correct year of accrual of liability is 1992-93. 3. In accordance with the majority view, therefore, the compensation payment of Rs.68,99,19,509 and payment of Rs.7,50,00,000 towards construction of hospital in Bhopal are held to be allowable as deductions, from computation of income, for the assessment year 1992-93.
