https://www.taxtmi.com/caselaws?id=70283 The Tribunal allowed the assessee's appeal, directing the Assessing Officer to permit a deduction for the entire stolen amount of Rs. 10,75,500. The judgment emphasized that contingent receipts should not affect the calculation of revenue deductions for losses incurred in the course of business. en-us Mon, 27 Jan 1992 00:00:00 +0530 Fri, 15 Apr 2011 12:19:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70283 The Tribunal allowed the assessee's appeal, directing the Assessing Officer to permit a deduction for the entire stolen amount of Rs. 10,75,500. The judgment emphasized that contingent receipts should not affect the calculation of revenue deductions for losses incurred in the course of business. Case-Laws Income Tax Mon, 27 Jan 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70283