https://www.taxtmi.com/caselaws?id=66228 The Tribunal partially allowed the assessee's appeal by preventing double taxation of Rs. 1,15,27,120 and permitting a deduction of Rs. 31,48,048 for payments made towards stockists' claims. The Tribunal concluded that the liability towards stockists was not definite in the accounting year 1998-99, and only actual payments made in that year could be considered, suggesting that other payments be addressed in subsequent years. en-us Fri, 17 Jan 2003 00:00:00 +0530 Tue, 22 Feb 2011 16:59:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=66228 The Tribunal partially allowed the assessee's appeal by preventing double taxation of Rs. 1,15,27,120 and permitting a deduction of Rs. 31,48,048 for payments made towards stockists' claims. The Tribunal concluded that the liability towards stockists was not definite in the accounting year 1998-99, and only actual payments made in that year could be considered, suggesting that other payments be addressed in subsequent years. Case-Laws Income Tax Fri, 17 Jan 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=66228