Disallowance of assessee’s claim in respect of its liquidated ...
Revenue's Disallowance of Liquidated Damages Overturned; Damages Recognized as Valid Expenditure for Assessee.
December 5, 2015
Case Laws Income Tax AT
Disallowance of assessee’s claim in respect of its liquidated damages - Revenue argument that these liquidated damages are only in the nature of a provision is unacceptable - allowed as expenditure - AT
View Source