https://www.taxtmi.com/highlights?id=58137 Disallowance with regard to provision made for maintenance of the roads - the maintenance expenditure to be incurred in five years was ₹ 60.34 crore, project operations were started on 09.08.2011 and estimation of maintenance expenditure was estimated to ₹ 12.07 crores and being not having full year operations of the project, provision was created for only one quarter i.e. ₹ 12.07 crore/4 i.e. ₹ 3 crore. - the claim of provision as made by the assessee is in accordance with settled principal of law - AT en-us Thu, 27 May 2021 17:43:24 +0530 Thu, 27 May 2021 17:43:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=58137 Disallowance with regard to provision made for maintenance of the roads - the maintenance expenditure to be incurred in five years was ₹ 60.34 crore, project operations were started on 09.08.2011 and estimation of maintenance expenditure was estimated to ₹ 12.07 crores and being not having full year operations of the project, provision was created for only one quarter i.e. ₹ 12.07 crore/4 i.e. ₹ 3 crore. - the claim of provision as made by the assessee is in accordance with settled principal of law - AT Highlights Income Tax Thu, 27 May 2021 17:43:24 +0530 https://www.taxtmi.com/highlights?id=58137