https://www.taxtmi.com/caselaws?id=23717 The High Court of Andhra Pradesh ruled in favor of a company in a case involving the deductibility of a provision made towards Employees' State Insurance contribution for the assessment year 1980-81. The court upheld the Tribunal's decision that the provision of Rs. 50,000 was an allowable deduction, emphasizing the company's compliance with statutory liability. The court highlighted the unresolved nature of the liability issue and stated that if the company proves no liability, the deducted amount could be reassessed by the Department. No costs were awarded in this matter. en-us Mon, 21 Mar 1988 00:00:00 +0530 Wed, 23 Dec 2009 18:31:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=23717 The High Court of Andhra Pradesh ruled in favor of a company in a case involving the deductibility of a provision made towards Employees' State Insurance contribution for the assessment year 1980-81. The court upheld the Tribunal's decision that the provision of Rs. 50,000 was an allowable deduction, emphasizing the company's compliance with statutory liability. The court highlighted the unresolved nature of the liability issue and stated that if the company proves no liability, the deducted amount could be reassessed by the Department. No costs were awarded in this matter. Case-Laws Income Tax Mon, 21 Mar 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=23717