https://www.taxtmi.com/caselaws?id=788503 Cadre fund provision is treated as deductible business expenditure where a present obligation arises from the institutional cadre system, an outflow is probable, and the liability can be reliably estimated. The analysis applies AS 29/Ind AS 37 principles distinguishing an accrued business liability from a contingent liability. Regular fund payments, accounting entries, subsequent utilisation, and consistent treatment in earlier years support identification of the obligation. Coordinate-bench precedent and consistency in accounting treatment further support deduction. On that basis, the provision qualifies for deduction and the disallowance is deleted. en-us Fri, 06 Feb 2026 00:00:00 +0530 Fri, 20 Mar 2026 10:42:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=788503 Cadre fund provision is treated as deductible business expenditure where a present obligation arises from the institutional cadre system, an outflow is probable, and the liability can be reliably estimated. The analysis applies AS 29/Ind AS 37 principles distinguishing an accrued business liability from a contingent liability. Regular fund payments, accounting entries, subsequent utilisation, and consistent treatment in earlier years support identification of the obligation. Coordinate-bench precedent and consistency in accounting treatment further support deduction. On that basis, the provision qualifies for deduction and the disallowance is deleted. Case-Laws Income Tax Fri, 06 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=788503