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Income Tax - Highlights / Catch Notes

Home Highlights April 2012 Year 2012 This

Disallowance of Rs.1,78,562 being prior period adjustments - The ...


Dispute Over Rs. 1,78,562: Determining the Previous Year Liability Crystallized for Prior Period Adjustments.

April 26, 2012

Case Laws     Income Tax     AT

Disallowance of Rs.1,78,562 being prior period adjustments - The entire dispute thus hinges on the question as to the previous year in which liability to pay has crystallized and there is no dispute about admissibility of the claim per se - AT

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