https://www.taxtmi.com/caselaws?id=364100 The Delhi HC dismissed the appeals on accrued expenses, following the precedent set in Jagdish Prasad Gupta v. CIT. The court ruled that the obligation to pay increased license fee to the Railways was an accrued liability in the payment year, leading to the dismissal of the appeals. en-us Wed, 08 Nov 2017 00:00:00 +0530 Sat, 21 Jul 2018 15:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=364100 The Delhi HC dismissed the appeals on accrued expenses, following the precedent set in Jagdish Prasad Gupta v. CIT. The court ruled that the obligation to pay increased license fee to the Railways was an accrued liability in the payment year, leading to the dismissal of the appeals. Case-Laws Income Tax Wed, 08 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=364100