Centralised assessment transfers after searches coordinate connected investigations without finally determining the assessee's tax liability or assess...
Unsigned third-party records cannot establish on-money payments without corroboration and cross-examination, requiring deletion of the related additio...
Deductible expenses u/s 37 - provisions for warranty claims - The Tribunal upheld the practice of making provisions for warranty based on a reasonable estimation method and acknowledged the legitimacy of reversing unutilized warranty provisions at the end of the warranty period, thereby offering them for taxation. - AT
Deductible expenses u/s 37 - provisions for warranty claims - The Tribunal upheld the practice of making provisions for warranty based on a reasonable estimation method and acknowledged the legitimacy of reversing unutilized warranty provisions at the end of the warranty period, thereby offering them for taxation. - AT
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
