https://www.taxtmi.com/caselaws?id=117560 The tribunal dismissed the revenue's appeals and partly allowed the assessee's appeals. The provision for warranty expenses was upheld as an allowable deduction, the corporate membership fee was treated as revenue expenditure, and the disallowance of contributions to unrecognized funds was maintained. Adjustments to book profits under section 115JA were remanded for reconsideration, and the issue of interest under section 234B was deemed consequential. en-us Sun, 01 May 2005 00:00:00 +0530 Mon, 25 Jun 2012 10:18:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=117560 The tribunal dismissed the revenue's appeals and partly allowed the assessee's appeals. The provision for warranty expenses was upheld as an allowable deduction, the corporate membership fee was treated as revenue expenditure, and the disallowance of contributions to unrecognized funds was maintained. Adjustments to book profits under section 115JA were remanded for reconsideration, and the issue of interest under section 234B was deemed consequential. Case-Laws Income Tax Sun, 01 May 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=117560