https://www.taxtmi.com/forum/issue?id=119969 Company A did not receive invoices for Feb-Mar 2025 due to a dispute; invoices were issued in April 2025 and no accrual was made in FY 2024-25. The recommended treatments are: (1) treat the liability as crystallizing on invoice receipt and recognize the expense in FY 2025-26 with supporting documentation and tax-audit disclosure; (2) if crystallization cannot be substantiated, disclose the amount as a prior period expense and report it in tax audit disclosures; or (3) where filings allow, record a back-dated provision and file revised accounts and returns, subject to auditor and filing constraints. en-us Mon, 05 May 2025 11:49:38 +0530 Tue, 06 May 2025 11:47:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=119969 Company A did not receive invoices for Feb-Mar 2025 due to a dispute; invoices were issued in April 2025 and no accrual was made in FY 2024-25. The recommended treatments are: (1) treat the liability as crystallizing on invoice receipt and recognize the expense in FY 2025-26 with supporting documentation and tax-audit disclosure; (2) if crystallization cannot be substantiated, disclose the amount as a prior period expense and report it in tax audit disclosures; or (3) where filings allow, record a back-dated provision and file revised accounts and returns, subject to auditor and filing constraints. Discussion-Forum Income Tax Mon, 05 May 2025 11:49:38 +0530 https://www.taxtmi.com/forum/issue?id=119969