Held that expenditure incurred in the past and as per the future activities as against the receipt of income of corresponding obligation and liability. The Tribunal was justified in allowing the expenditure. No question of law. (AY.2015-16)
PCIT v. Green Environment Services Co-Operative Services Ltd. (2024)470 ITR 249 (Guj) (HC)
S.37(1): Business expenditure-Solid waste disposal-Not contingent-Allowable as deduction.[S. 145, 260A]