https://www.taxtmi.com/caselaws?id=66573 The Tribunal allowed the deduction for provision of liquidated damages, stating the liability accrued at breach. Weighted deductions for contributions to Cane Development Council Fund and repair expenses were upheld. Contributions to Zilla Parishad were deemed deductible under section 37. Claim under section 80J was not pressed. Higher depreciation rate claim was denied. The rebate for bad debts was allowed as a deduction. The assessee's appeal was partly allowed, and the Revenue's appeal was dismissed. en-us Fri, 29 Jun 1990 00:00:00 +0530 Mon, 28 Feb 2011 13:02:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=66573 The Tribunal allowed the deduction for provision of liquidated damages, stating the liability accrued at breach. Weighted deductions for contributions to Cane Development Council Fund and repair expenses were upheld. Contributions to Zilla Parishad were deemed deductible under section 37. Claim under section 80J was not pressed. Higher depreciation rate claim was denied. The rebate for bad debts was allowed as a deduction. The assessee's appeal was partly allowed, and the Revenue's appeal was dismissed. Case-Laws Income Tax Fri, 29 Jun 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=66573