https://www.taxtmi.com/caselaws?id=352740 The High Court declined to answer the question of whether the liability claimed by the assessee was contingent or ascertained due to the absence of relevant documents. Consequently, the Court upheld the decisions of the first appellate authority and the Tribunal, confirming the liability of the assessee to pay Rs. 62.99 lacs to the contractor as an ascertained liability. en-us Tue, 12 Dec 2017 00:00:00 +0530 Wed, 20 Dec 2017 08:46:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=352740 The High Court declined to answer the question of whether the liability claimed by the assessee was contingent or ascertained due to the absence of relevant documents. Consequently, the Court upheld the decisions of the first appellate authority and the Tribunal, confirming the liability of the assessee to pay Rs. 62.99 lacs to the contractor as an ascertained liability. Case-Laws Income Tax Tue, 12 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=352740