https://www.taxtmi.com/highlights?id=15247 Allowance of arbitration award as expenditure – prior period - The award was passed on 20th July, 2006 and accounts were finalized and audited on 12th September, 2006 i.e. after the date of order - this can be allowed as an expenditure in year 07-08. - AT en-us Wed, 23 Oct 2013 08:52:58 +0530 Wed, 23 Oct 2013 08:52:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=15247 Allowance of arbitration award as expenditure – prior period - The award was passed on 20th July, 2006 and accounts were finalized and audited on 12th September, 2006 i.e. after the date of order - this can be allowed as an expenditure in year 07-08. - AT Highlights Income Tax Wed, 23 Oct 2013 08:52:58 +0530 https://www.taxtmi.com/highlights?id=15247