Transfer pricing comparables and adjustments: Tribunal revisits loss-maker status, segmental comparability, working capital relief, and risk allocatio...
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 
of 4827 
Join Channel 
