Held that  entries in the books of account are not determinative of the assessee’s right to claim a legitimate deduction. The liability of the assessee had crystallised and therefore the sum in question was allowable as deduction in computing the total income of the assessee. Tribunal also held that  the Assessing Officer in the assessment order had considered the revised computation of loss of Rs. 10,47,17,495 and had not insisted on a revised return of income being filed. It was therefore not the case of the Assessing Officer that the claim was inadmissible owing to the assessee not having filed the revised return of income under section 139(5) of the Act. The Department was not entitled to raise an objection in this regard. (AY.2009-10)