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<h1>Bombay HC to Review Disallowed Rs. 91.54 Lac Contingent Liability</h1> <h3>The Commissioner of Income Tax-12 Versus M/s. Monika India</h3> The Bombay HC admitted the case to consider the disallowed Rs. 91.54 lac as a contingent liability. The respondent waived service, and the case was ... - The Bombay High Court admitted the case for consideration of the question of law regarding the addition of Rs. 91.54 lac disallowed by the Assessing Officer as a contingent liability. The respondent waived service and the case was to be heard along with ITR No.320 of 1998.