https://www.taxtmi.com/caselaws?id=25433 The High Court held that the sum of Rs. 1,63,160 claimed by the assessee as a reduction in sales had accrued to the assessee during the assessment year 1972-73 and was taxable. The Tribunal's decision to disallow the reduction in sales was upheld, and the reference was answered in favor of the Revenue, with the assessee ordered to pay costs of Rs. 500 to the Revenue. en-us Mon, 11 May 1987 00:00:00 +0530 Thu, 28 Jan 2010 15:46:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=25433 The High Court held that the sum of Rs. 1,63,160 claimed by the assessee as a reduction in sales had accrued to the assessee during the assessment year 1972-73 and was taxable. The Tribunal's decision to disallow the reduction in sales was upheld, and the reference was answered in favor of the Revenue, with the assessee ordered to pay costs of Rs. 500 to the Revenue. Case-Laws Income Tax Mon, 11 May 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=25433