Provision for site restoration expense on the basis of scientific method carried out by an independent agency eligible for deduction in book profit

IN THE ITAT MUMBAI BENCH ‘J’

Assistant Commissioner of Income-tax

v/s.

Tata Petrodyne Ltd.

IT Appeal Nos. 4804 & 5117 (Mum.) of 2007 & 5306 (Mum.) of 2008

[Assessment years 2002-03 and 2004-05]

Date of Pronouncement – April 11, 2012

ORDER

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