ITAT upholds CIT(A) decision: Section 43B disallowance on leave encashment provision reversed, revenue's appeal dismissed.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Disallowance u/s 43B - provision for leave encashment written back - ITAT after taking note of the entire facts, came to the conclusion that the final statements drawn by the assessee are in compliance with the statutory requirements, such as, the Companies Act and the computation of the total income has been done in accordance with the Act - Thus the tribunal after re-examining the facts upheld the finding of the CIT(A) - Revenue appeal dismissed - HC....