Provision for liquidity damages disallowed - The liability ...

Court Disallows Liquidity Damages After Delay, Permits Deduction of Accrued Claim in Contract Execution Case.

October 15, 2014

Case Laws Income Tax AT

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

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Provision for liquidity damages disallowed - The liability ...

Court Disallows Liquidity Damages After Delay, Permits Deduction of Accrued Claim in Contract Execution Case.

October 15, 2014

Case Laws Income Tax AT

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