https://www.taxtmi.com/caselaws?id=20775 The court held in favor of the assessee, affirming the Tribunal's decision to allow a deduction of market fees amounting to Rs. 3,07,334 in the assessment year 1983-84. The court found the Tribunal's application of relevant precedents to be appropriate, stating that the liability became enforceable in the relevant year, making it an allowable deduction. The court concluded that the deduction of market fees was justified, answering both issues in favor of the assessee without any order as to costs. en-us Fri, 07 Jun 1991 00:00:00 +0530 Tue, 17 Nov 2009 11:38:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=20775 The court held in favor of the assessee, affirming the Tribunal's decision to allow a deduction of market fees amounting to Rs. 3,07,334 in the assessment year 1983-84. The court found the Tribunal's application of relevant precedents to be appropriate, stating that the liability became enforceable in the relevant year, making it an allowable deduction. The court concluded that the deduction of market fees was justified, answering both issues in favor of the assessee without any order as to costs. Case-Laws Income Tax Fri, 07 Jun 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=20775