https://www.taxtmi.com/caselaws?id=151180 The Tribunal dismissed the Revenue's appeals for the assessment years 2001-02 and 2006-07, affirming the Commissioner's decisions. The reassessment proceedings for 2001-02 were deemed invalid as a change of opinion without fresh material, following the decision in CIT v. Kelvinator of India Ltd. Additionally, the provision for warranty for 2006-07 was upheld based on a realistic estimate supported by actual expenditure figures, in line with the apex court's decision in Rotork Controls India P. Ltd. Judgments were delivered on 18th August 2010. en-us Wed, 18 Aug 2010 00:00:00 +0530 Sat, 01 Jun 2013 11:42:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=151180 The Tribunal dismissed the Revenue's appeals for the assessment years 2001-02 and 2006-07, affirming the Commissioner's decisions. The reassessment proceedings for 2001-02 were deemed invalid as a change of opinion without fresh material, following the decision in CIT v. Kelvinator of India Ltd. Additionally, the provision for warranty for 2006-07 was upheld based on a realistic estimate supported by actual expenditure figures, in line with the apex court's decision in Rotork Controls India P. Ltd. Judgments were delivered on 18th August 2010. Case-Laws Income Tax Wed, 18 Aug 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=151180