https://www.taxtmi.com/caselaws?id=215163 The High Court held that the provision for installation and service charges by the assessee was not based on ascertained liabilities or historical trends, deeming it ad hoc and excessive. Consequently, the provision did not meet the criteria for deductibility as per Supreme Court guidelines. The Tribunal's decision was overturned, and the Assessing Officer's order was reinstated, with Tax Case Appeals allowed without costs. en-us Mon, 09 Jul 2012 00:00:00 +0530 Wed, 15 May 2013 15:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=215163 The High Court held that the provision for installation and service charges by the assessee was not based on ascertained liabilities or historical trends, deeming it ad hoc and excessive. Consequently, the provision did not meet the criteria for deductibility as per Supreme Court guidelines. The Tribunal's decision was overturned, and the Assessing Officer's order was reinstated, with Tax Case Appeals allowed without costs. Case-Laws Income Tax Mon, 09 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=215163