https://www.taxtmi.com/caselaws?id=25670 The court accepted the reference application, directing the Tribunal to refer the question for the court's decision within three months. The judgment addressed the issue of deduction eligibility for contingency provisions in income tax assessment, emphasizing the distinction between actual and contingent liabilities and the importance of consistent accounting practices in tax assessments. en-us Fri, 08 Aug 1986 00:00:00 +0530 Sat, 30 Jan 2010 11:08:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=25670 The court accepted the reference application, directing the Tribunal to refer the question for the court's decision within three months. The judgment addressed the issue of deduction eligibility for contingency provisions in income tax assessment, emphasizing the distinction between actual and contingent liabilities and the importance of consistent accounting practices in tax assessments. Case-Laws Income Tax Fri, 08 Aug 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=25670