https://www.taxtmi.com/caselaws?id=378521 A liability arising during the relevant previous year may be allowed as business expenditure even if part of the contribution is paid after year-end, where the claim is for actual expenditure incurred pursuant to a government direction and not for a weighted deduction. Reimbursement of students' concession pass claims could not be taxed on an accrual basis where the assessee had consistently followed cash basis for that item and there was no statutory compulsion to adopt accrual accounting for all income. The assessment treatment in both respects favoured the assessee and the Revenue's challenge failed. en-us Thu, 21 Mar 2019 00:00:00 +0530 Wed, 17 Apr 2019 16:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=378521 A liability arising during the relevant previous year may be allowed as business expenditure even if part of the contribution is paid after year-end, where the claim is for actual expenditure incurred pursuant to a government direction and not for a weighted deduction. Reimbursement of students' concession pass claims could not be taxed on an accrual basis where the assessee had consistently followed cash basis for that item and there was no statutory compulsion to adopt accrual accounting for all income. The assessment treatment in both respects favoured the assessee and the Revenue's challenge failed. Case-Laws Income Tax Thu, 21 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=378521