https://www.taxtmi.com/caselaws?id=395624 The Karnataka High Court dismissed the appeal concerning the interpretation of Section 115JB of the Income Tax Act, 1961, regarding leave encashment and unascertained liabilities. The Court found no merit in the appeal as it determined that the provisions of Section 115JB did not apply to the case due to a Division Bench judgment on a similar issue. Additionally, the Court upheld the Tribunal's decision not to address issues related to unascertained liabilities, such as leave encashment and pension, based on consistency with previous orders, leading to the dismissal of the appeal. en-us Tue, 17 Mar 2020 00:00:00 +0530 Sat, 30 May 2020 14:18:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=395624 The Karnataka High Court dismissed the appeal concerning the interpretation of Section 115JB of the Income Tax Act, 1961, regarding leave encashment and unascertained liabilities. The Court found no merit in the appeal as it determined that the provisions of Section 115JB did not apply to the case due to a Division Bench judgment on a similar issue. Additionally, the Court upheld the Tribunal's decision not to address issues related to unascertained liabilities, such as leave encashment and pension, based on consistency with previous orders, leading to the dismissal of the appeal. Case-Laws Income Tax Tue, 17 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=395624