https://www.taxtmi.com/caselaws?id=188779 The case involved disputes over the disallowance of certain contractual expenses claimed by the assessee. The Assessing Officer initially disallowed the claim, citing non-crystallization of liability and invoking section 43B of the Act. However, the Commissioner (Appeals) allowed the appeal, determining that the liabilities were not contingent and had crystallized. The Tribunal upheld the Commissioner's decision, emphasizing the contractual obligation of the assessee to bear the expenses, leading to the dismissal of the Tax Appeal. en-us Mon, 15 Oct 2012 00:00:00 +0530 Fri, 16 Dec 2016 12:04:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=188779 The case involved disputes over the disallowance of certain contractual expenses claimed by the assessee. The Assessing Officer initially disallowed the claim, citing non-crystallization of liability and invoking section 43B of the Act. However, the Commissioner (Appeals) allowed the appeal, determining that the liabilities were not contingent and had crystallized. The Tribunal upheld the Commissioner's decision, emphasizing the contractual obligation of the assessee to bear the expenses, leading to the dismissal of the Tax Appeal. Case-Laws Income Tax Mon, 15 Oct 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=188779