https://www.taxtmi.com/caselaws?id=279970 The Tribunal dismissed the Revenue's appeals for the assessment years 2006-07 to 2009-10, upholding the CIT(A)'s decisions to delete disallowances for expenses on taxes and fees not related to the year under consideration and expenditure on free services to customers. The Tribunal relied on legal precedents and principles, affirming that deductions should be allowed on an actual payment basis under Section 43B and that business liabilities, if estimable with reasonable certainty, should be deductible even if to be paid in the future. en-us Fri, 08 Jan 2016 00:00:00 +0530 Mon, 15 Apr 2019 06:09:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=279970 The Tribunal dismissed the Revenue's appeals for the assessment years 2006-07 to 2009-10, upholding the CIT(A)'s decisions to delete disallowances for expenses on taxes and fees not related to the year under consideration and expenditure on free services to customers. The Tribunal relied on legal precedents and principles, affirming that deductions should be allowed on an actual payment basis under Section 43B and that business liabilities, if estimable with reasonable certainty, should be deductible even if to be paid in the future. Case-Laws Income Tax Fri, 08 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=279970