https://www.taxtmi.com/caselaws?id=424108 The Tribunal upheld the CIT(A)'s decision on the accrual of income, recognizing only Rs. 14.06 crores as accrued for the relevant year. The Tribunal directed the AO to verify and allow the provision for terminal benefits based on actual payments and compliance with relevant sections of the Income Tax Act. The assessee's appeal was partly allowed, and the Revenue's appeal was dismissed. en-us Fri, 17 Jun 2022 00:00:00 +0530 Wed, 22 Jun 2022 09:15:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=424108 The Tribunal upheld the CIT(A)'s decision on the accrual of income, recognizing only Rs. 14.06 crores as accrued for the relevant year. The Tribunal directed the AO to verify and allow the provision for terminal benefits based on actual payments and compliance with relevant sections of the Income Tax Act. The assessee's appeal was partly allowed, and the Revenue's appeal was dismissed. Case-Laws Income Tax Fri, 17 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=424108