Prior period expenses - expenses of store and spares and ...

Taxpayer Proves Current Year Expense Liability; CIT(A) Justifies Deleting Disallowance of Prior Period Store & Contract Costs.

July 26, 2021

Case Laws Income Tax AT

Prior period expenses - expenses of store and spares and expenses in respect of the contract - assessee has demonstrated that liability has been crystallised in the year under consideration and therefore, the Learned CIT(A) is justified in deleting the disallowance - AT

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Prior period expenses - expenses of store and spares and ...

Taxpayer Proves Current Year Expense Liability; CIT(A) Justifies Deleting Disallowance of Prior Period Store & Contract Costs.

July 26, 2021

Case Laws Income Tax AT

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