https://www.taxtmi.com/caselaws?id=306026 The appeal was partly allowed by the Tribunal, confirming the disallowance of certain provisions related to estimated loss on contracts and various expenses. The Tribunal directed the Assessing Officer to verify if the provision for expenses was reversed and offered for taxation in the subsequent year to prevent double taxation. en-us Fri, 08 Oct 2021 00:00:00 +0530 Fri, 06 Jan 2023 09:31:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=306026 The appeal was partly allowed by the Tribunal, confirming the disallowance of certain provisions related to estimated loss on contracts and various expenses. The Tribunal directed the Assessing Officer to verify if the provision for expenses was reversed and offered for taxation in the subsequent year to prevent double taxation. Case-Laws Income Tax Fri, 08 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=306026