https://www.taxtmi.com/caselaws?id=12511 A debit note received after the close of the relevant accounting year was not allowable for that year under mercantile principles, so the claim could not be brought in assessment year 1985-86. A clarificatory direction that the claim should be considered in assessment year 1986-87 did not amount to granting relief for that year, because it only identified the year in which the claim properly arose. The Tribunal therefore acted within jurisdiction, and its reference did not travel beyond the year in issue. en-us Tue, 09 Jul 2002 00:00:00 +0530 Tue, 19 May 2009 17:37:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=12511 A debit note received after the close of the relevant accounting year was not allowable for that year under mercantile principles, so the claim could not be brought in assessment year 1985-86. A clarificatory direction that the claim should be considered in assessment year 1986-87 did not amount to granting relief for that year, because it only identified the year in which the claim properly arose. The Tribunal therefore acted within jurisdiction, and its reference did not travel beyond the year in issue. Case-Laws Income Tax Tue, 09 Jul 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=12511