Contingent and unascertained expenditure - liabilities to pay ...

Case Laws Income Tax

February 22, 2020

Contingent and unascertained expenditure - liabilities to pay arrear salary to the employees as per the recommendation of 6th Pay Commission - CIT(A) has rightly allowed the deduction towards pay revision debited to the profit and loss account holding the same as ascertained liability crystallized during the year under consideration. - AT

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Contingent and unascertained expenditure - liabilities to pay ...

Case Laws Income Tax

February 22, 2020

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