Tribunal held that provision for payment of arrears of salary on basis of revised pay scales approved by GOI in Sixth Pay Commission, liability on account of payment of revised enhanced salary had neither accrued nor crystallized during relevant assessment year, as the pay revision was finally implemented in 2008 . ( AY.2007 -08)
Housing & Urban Development Corporation Ltd. ACIT ( 2019) 174 ITD 785 (Delhi) (Trib.)
S. 37(1) : Business expenditure–Provision for salary-Sixth Pay Commission -liability on account of payment of revised enhanced salary had neither accrued nor crystallized during relevant assessment year, impugned- Provision made is not allowable as deduction.[S. 145]