https://www.taxtmi.com/caselaws?id=16882 The High Court held that the deduction for rent payable for earlier years, as per the Government order dated August 26, 1975, was admissible in the assessment year 1976-77. The Court ruled in favor of the assessee, upholding the Tribunal's decision and rejecting the Department's argument that the liability arose outside the relevant assessment year. en-us Tue, 22 Jul 1997 00:00:00 +0530 Sat, 12 Sep 2009 17:22:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=16882 The High Court held that the deduction for rent payable for earlier years, as per the Government order dated August 26, 1975, was admissible in the assessment year 1976-77. The Court ruled in favor of the assessee, upholding the Tribunal's decision and rejecting the Department's argument that the liability arose outside the relevant assessment year. Case-Laws Income Tax Tue, 22 Jul 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=16882