https://www.taxtmi.com/caselaws?id=31806 The High Court set aside the impugned order and remanded the appeals to the Tribunal for a fresh consideration on whether the licence fee payable to the railways should be treated as an accrued or contingent liability. The Court emphasized the need for the Tribunal to follow its previous decision unless there was an appeal by the revenue, directing the Tribunal to examine the appeal status. The matters were scheduled to be placed before the Tribunal for further directions. en-us Thu, 11 Dec 2008 00:00:00 +0530 Fri, 16 Sep 2011 16:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=31806 The High Court set aside the impugned order and remanded the appeals to the Tribunal for a fresh consideration on whether the licence fee payable to the railways should be treated as an accrued or contingent liability. The Court emphasized the need for the Tribunal to follow its previous decision unless there was an appeal by the revenue, directing the Tribunal to examine the appeal status. The matters were scheduled to be placed before the Tribunal for further directions. Case-Laws Income Tax Thu, 11 Dec 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=31806