https://www.taxtmi.com/highlights?id=51028 Allowable expenditure - the revised price is an ascertained liability and not a contingent liability - the claim of the assessee u/s 37(1) is allowable particularly since the assessee itself has offered the cessation of liability to tax in the year of crystallization. en-us Fri, 03 Jan 2020 12:53:09 +0530 Fri, 03 Jan 2020 12:53:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=51028 Allowable expenditure - the revised price is an ascertained liability and not a contingent liability - the claim of the assessee u/s 37(1) is allowable particularly since the assessee itself has offered the cessation of liability to tax in the year of crystallization. Highlights Income Tax Fri, 03 Jan 2020 12:53:09 +0530 https://www.taxtmi.com/highlights?id=51028