https://www.taxtmi.com/caselaws?id=238770 The High Court partially allowed the appeal, ruling in favor of the assessee on the issues of provision for warranty liability and purchase of software as revenue expenditure. However, the court ruled against the assessee on the provision for doubtful debts and interest under section 234B, aligning with the Revenue's position. The decisions were based on evidence, legal interpretations, and adherence to the Income-tax Act's provisions, providing clarity on the treatment of these specific financial matters. en-us Wed, 10 Apr 2013 00:00:00 +0530 Thu, 31 Oct 2013 08:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=238770 The High Court partially allowed the appeal, ruling in favor of the assessee on the issues of provision for warranty liability and purchase of software as revenue expenditure. However, the court ruled against the assessee on the provision for doubtful debts and interest under section 234B, aligning with the Revenue's position. The decisions were based on evidence, legal interpretations, and adherence to the Income-tax Act's provisions, providing clarity on the treatment of these specific financial matters. Case-Laws Income Tax Wed, 10 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=238770