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![Provision for Wage Arrears is an ascertained liability, notwithstanding that the provision has been Accounted on Cash basis: Madras HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/04/Provision-for-wage-arrears-ascertained-liability-Madras-HC-Taxscan.jpg "Provision for Wage Arrears is an ascertained liability, notwithstanding that the provision has been Accounted on Cash basis: Madras HC [Read Judgment]")
Provision for Wage Arrears is an ascertained liability, notwithstanding that the provision has been Accounted on Cash basis: Madras HC [Read Judgment]
The Madras High Court held that the provision for wage arrears is an ascertained liability, notwithstanding that the provision has been accounted for...
![Compensation received for refraining from carrying on Competitive Business was Capital Receipt, not Taxable: Madras High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/04/Compensation-competitive-business-capital-receipt-Madras-HC-Taxscan.jpg "Compensation received for refraining from carrying on Competitive Business was Capital Receipt, not Taxable: Madras High Court [Read Judgment]")
![Amendments made to Bye-laws for Society wouldn’t operate retrospectively while granting Registration u/s 12AA: Madras High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/02/Amendments-bye-laws-granting-registration-Madras-High-court-Taxscan.jpeg "Amendments made to Bye-laws for Society wouldn’t operate retrospectively while granting Registration u/s 12AA: Madras High Court [Read Judgment]")