https://www.taxtmi.com/caselaws?id=237700 The Tribunal upheld the assessee's deduction for warranty provision, following the Rotork Controls case. The Revenue's appeal was dismissed as the Tribunal's decision was supported by the Supreme Court's precedent and the assessee's historical data. The High Court found no reason to interfere, emphasizing the proportionality of the provision to total sales and past working out provisions. Consequently, the Tax Appeals were dismissed, with no question of law arising. en-us Wed, 13 Mar 2013 00:00:00 +0530 Sat, 05 Oct 2013 08:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=237700 The Tribunal upheld the assessee's deduction for warranty provision, following the Rotork Controls case. The Revenue's appeal was dismissed as the Tribunal's decision was supported by the Supreme Court's precedent and the assessee's historical data. The High Court found no reason to interfere, emphasizing the proportionality of the provision to total sales and past working out provisions. Consequently, the Tax Appeals were dismissed, with no question of law arising. Case-Laws Income Tax Wed, 13 Mar 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=237700