https://www.taxtmi.com/caselaws?id=442213 The High Court upheld the orders of the ITAT, dismissing the Revenue's appeals regarding the disallowance of future expenses claimed as deductions by the Assessee for Assessment Years 2011-2012 and 2012-2013. The court ruled in favor of the Assessee, emphasizing the importance of substantiating provisions for future expenses based on relevant documentation and guidelines. The appeals were dismissed, and the judgment favored the Assessee over the Revenue in this dispute. en-us Tue, 21 Mar 2023 00:00:00 +0530 Mon, 25 Sep 2023 10:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=442213 The High Court upheld the orders of the ITAT, dismissing the Revenue's appeals regarding the disallowance of future expenses claimed as deductions by the Assessee for Assessment Years 2011-2012 and 2012-2013. The court ruled in favor of the Assessee, emphasizing the importance of substantiating provisions for future expenses based on relevant documentation and guidelines. The appeals were dismissed, and the judgment favored the Assessee over the Revenue in this dispute. Case-Laws Income Tax Tue, 21 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=442213