https://www.taxtmi.com/caselaws?id=438304 The Tribunal upheld the Commissioner of Income Tax (Appeals)'s decision to delete the addition of the provision for the "Shahenshah Scheme" as a contingent liability, aligning with previous favorable decisions for the assessee. The Tribunal found no distinguishing features and upheld the scientific basis of the provision, leading to the dismissal of the Revenue's appeal for both Assessment Years 2015-16 and 2017-18. en-us Thu, 25 May 2023 00:00:00 +0530 Fri, 26 May 2023 17:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=438304 The Tribunal upheld the Commissioner of Income Tax (Appeals)'s decision to delete the addition of the provision for the "Shahenshah Scheme" as a contingent liability, aligning with previous favorable decisions for the assessee. The Tribunal found no distinguishing features and upheld the scientific basis of the provision, leading to the dismissal of the Revenue's appeal for both Assessment Years 2015-16 and 2017-18. Case-Laws Income Tax Thu, 25 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=438304