TMI BlogAllowable expenditure - the revised price is an ascertained liability and not a contingent liability -...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. ..... X X X X Extracts X X X X X X X X Extracts X X X X
|