https://www.taxtmi.com/caselaws?id=458398 The treatment of disallowance of provision for future expenses was stated to be governed by an earlier Karnataka High Court decision that had already answered the relevant questions of law in favour of the assessee. On that basis, the Revenue's challenge was not independently examined on the merits of the deduction claim, and the substantial questions of law were treated as covered by precedent. The appellate result was that the questions of law were answered in favour of the assessee and against the Revenue, with the Revenue's appeal dismissed. en-us Mon, 10 Apr 2023 00:00:00 +0530 Thu, 24 Oct 2024 19:42:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=458398 The treatment of disallowance of provision for future expenses was stated to be governed by an earlier Karnataka High Court decision that had already answered the relevant questions of law in favour of the assessee. On that basis, the Revenue's challenge was not independently examined on the merits of the deduction claim, and the substantial questions of law were treated as covered by precedent. The appellate result was that the questions of law were answered in favour of the assessee and against the Revenue, with the Revenue's appeal dismissed. Case-Laws Income Tax Mon, 10 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=458398