Bench: Ms. Suchitra Kamble & Shri Makarand V. Mahadeokar
rectification and allowed the deduction. Leave Encashment The AO disallowed the provision based on the Provision Supreme Court's judgment in Exide Industries, treating it as an unascertained liability. The CIT(A) partially allowed the deduction to the extent of actual payments made during the year, while retaining disallowance for unpaid amounts. ITA No.2815/Ahd/2011 and other 17 appeals JMC Projects