Court Remands Case on Deduction of Long Service Benefit Liabilities for Further Examination Due to Insufficient Explanation.

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....Deduction of Provision made towards long service benefit liability - Crystalization and Accrual of expenses - scientific basis for creating a provision - when the employee leaves the assessee-company prior to completion of ten years, how the provision is reduced on year to year basis, is also not explained. Before us, no explanation was offered - Matter remanded back - AT....