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Case Law Details

Case Name : CIT Vs The KCP Limited (Andhra Pradesh High Court)
Related Assessment Year :
Courts : All High Courts
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CIT Vs The KCP Limited (Andhra Pradesh High Court)

In this case High Court explains Entire law on accrual of liability under mercantile system of accounting explained read with Accounting Standard 4 (AS-4) (contingencies and events occurring after the balance sheet date) issued by the ICAI and Section 211 of the Companies Act, 1956.

FULL TEXT OF THE HIGH COURT ORDER / JUDGMENT

The I

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