https://www.taxtmi.com/caselaws?id=215897 The High Court of Rajasthan upheld the decision of the Commissioner of Income-tax (Appeals) and the Income-tax Appellate Tribunal regarding the disallowance of Rs. 15 lakhs claimed for provision made for leave salary by the assessee. The Court found that the provision for leave encashment was deductible, relying on the Supreme Court's decision in Bharat Earth Movers' case. The Court dismissed the appeal, stating that no substantial question of law was involved, and affirmed that the Assessing Officer's disallowance was not justified. en-us Mon, 06 Feb 2012 00:00:00 +0530 Thu, 23 Aug 2012 07:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=215897 The High Court of Rajasthan upheld the decision of the Commissioner of Income-tax (Appeals) and the Income-tax Appellate Tribunal regarding the disallowance of Rs. 15 lakhs claimed for provision made for leave salary by the assessee. The Court found that the provision for leave encashment was deductible, relying on the Supreme Court's decision in Bharat Earth Movers' case. The Court dismissed the appeal, stating that no substantial question of law was involved, and affirmed that the Assessing Officer's disallowance was not justified. Case-Laws Income Tax Mon, 06 Feb 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=215897