https://www.taxtmi.com/caselaws?id=354168 The High Court allowed the appeal, determining that the liability for interest on overdue deposits was ascertained and crystallized, making the provision made by the assessee acceptable. The Court found the Tribunal's decision to remand the issue back to the Assessing Officer incorrect, answering the legal questions in favor of the assessee. en-us Wed, 17 Jan 2018 00:00:00 +0530 Fri, 16 Feb 2018 15:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=354168 The High Court allowed the appeal, determining that the liability for interest on overdue deposits was ascertained and crystallized, making the provision made by the assessee acceptable. The Court found the Tribunal's decision to remand the issue back to the Assessing Officer incorrect, answering the legal questions in favor of the assessee. Case-Laws Income Tax Wed, 17 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=354168