https://www.taxtmi.com/caselaws?id=35083 The High Court of Madras upheld the Tribunal's decision to remand the issue of provision for expenditure back to the assessing officer for determination based on the completion stage of the project, as allowed by Accounting Standard 7. The Court found no legal basis to support the revenue's appeal and hence dismissed it. en-us Wed, 29 Aug 2007 00:00:00 +0530 Sat, 19 Dec 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=35083 The High Court of Madras upheld the Tribunal's decision to remand the issue of provision for expenditure back to the assessing officer for determination based on the completion stage of the project, as allowed by Accounting Standard 7. The Court found no legal basis to support the revenue's appeal and hence dismissed it. Case-Laws Income Tax Wed, 29 Aug 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=35083