https://www.taxtmi.com/caselaws?id=218524 The Tribunal partly allowed the appeal by remitting the issue of interest disallowance back to the Assessing Officer for verification. It decided in favor of the assessee regarding the disallowance under Section 40(a)(ia) based on relevant case law. Additionally, the Tribunal directed the Assessing Officer to verify and allow the provision for warranty charges, emphasizing that the liability was definite and not contingent, based on actual expenditure. en-us Tue, 31 Jul 2012 00:00:00 +0530 Sat, 20 Oct 2012 15:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=218524 The Tribunal partly allowed the appeal by remitting the issue of interest disallowance back to the Assessing Officer for verification. It decided in favor of the assessee regarding the disallowance under Section 40(a)(ia) based on relevant case law. Additionally, the Tribunal directed the Assessing Officer to verify and allow the provision for warranty charges, emphasizing that the liability was definite and not contingent, based on actual expenditure. Case-Laws Income Tax Tue, 31 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=218524