https://www.taxtmi.com/caselaws?id=60117 Workmen's compensation liability accrues when a compensable employment accident occurs and is deductible in that accounting year under the mercantile system. The employer's statutory liability arises upon personal injury caused by an accident arising out of and in the course of employment; later proceedings before the Commissioner determine disputed liability, amount or duration but do not suspend accrual. A contested claim or subsequent quantification therefore does not make the obligation contingent. The stated conclusion is that the deduction was available in the relevant year and the revisional disallowance was unjustified. en-us Wed, 23 Sep 1981 00:00:00 +0530 Mon, 03 Jan 2011 17:40:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=60117 Workmen's compensation liability accrues when a compensable employment accident occurs and is deductible in that accounting year under the mercantile system. The employer's statutory liability arises upon personal injury caused by an accident arising out of and in the course of employment; later proceedings before the Commissioner determine disputed liability, amount or duration but do not suspend accrual. A contested claim or subsequent quantification therefore does not make the obligation contingent. The stated conclusion is that the deduction was available in the relevant year and the revisional disallowance was unjustified. Case-Laws Income Tax Wed, 23 Sep 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=60117