https://www.taxtmi.com/caselaws?id=69408 The Tribunal allowed three appeals by the assessee, overturning the disallowance of provisions for purchase tax liability on sea foods for assessment years 1981-82, 1982-83, and 1983-84. The Tribunal held that the provision for purchase tax was allowable as a deduction due to ongoing assessments, reasonable apprehension of liability, and similarity to previous cases where such deductions were permitted. The decision favored the assessee's position, considering the pending final assessments by sales-tax authorities. en-us Tue, 03 Mar 1992 00:00:00 +0530 Wed, 06 Apr 2011 16:01:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=69408 The Tribunal allowed three appeals by the assessee, overturning the disallowance of provisions for purchase tax liability on sea foods for assessment years 1981-82, 1982-83, and 1983-84. The Tribunal held that the provision for purchase tax was allowable as a deduction due to ongoing assessments, reasonable apprehension of liability, and similarity to previous cases where such deductions were permitted. The decision favored the assessee's position, considering the pending final assessments by sales-tax authorities. Case-Laws Income Tax Tue, 03 Mar 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=69408