Provision for wage revision based on Past Experience & Other factors allowable

HIGH COURT OF DELHI Commissioner of Income-tax Versus Bharat Heavy Electrical Ltd. IT Appeal NOS. 278, 312, 807 And 1578 OF 2010 September 11, 2012 ORDER S. Ravindra Bhat, J. These appeals by the Revenue assail the decision/order of the ITAT dated 27.2.2009 (in ITA-2709/Del/92) and the common order dated 30.3.2009 in ITA Nos,3214/Del/93, 7062/Del/92 and 2029/Del/02 dated 20.3.2009. 2. The substantial questions of law which arise are as follows: – (1)  Whether the provisions made claiming deduction for wage revision, allowed by the Tribunal was justified in the circumsta...