https://www.taxtmi.com/caselaws?id=21271 Forest compensation under the Orissa Forest Contract Rules, 1966 was not deductible as an accrued liability because the amount had not been quantified or crystallised within the accounting year. The rule required assessment by the Divisional Forest Officer, with an appeal to the Conservator of Forests, so mere interim reports or intimation of infractions did not create a definite enforceable liability. As the claim remained disputed and unascertained, it was contingent rather than accrued. The deduction was therefore disallowed and the reference answered in favour of the Revenue. en-us Tue, 21 Jul 1992 00:00:00 +0530 Sat, 21 Nov 2009 11:52:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=21271 Forest compensation under the Orissa Forest Contract Rules, 1966 was not deductible as an accrued liability because the amount had not been quantified or crystallised within the accounting year. The rule required assessment by the Divisional Forest Officer, with an appeal to the Conservator of Forests, so mere interim reports or intimation of infractions did not create a definite enforceable liability. As the claim remained disputed and unascertained, it was contingent rather than accrued. The deduction was therefore disallowed and the reference answered in favour of the Revenue. Case-Laws Income Tax Tue, 21 Jul 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=21271