https://www.taxtmi.com/caselaws?id=327014 The Tribunal upheld the CIT(A)'s decision to allow a provision for warranty expenses, stating it was systematically made based on historical data and therefore allowable under Section 37 of the Income Tax Act. Additionally, the Tribunal confirmed that commission payments to distributors/dealers were actually turnover discounts, not subject to TDS under Section 194H, as the relationship was deemed principal-to-principal. The Revenue's appeal and the assessee's Cross Objection were both dismissed, affirming the CIT(A)'s rulings on both issues. en-us Fri, 18 Mar 2016 00:00:00 +0530 Sat, 30 Apr 2016 15:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=327014 The Tribunal upheld the CIT(A)'s decision to allow a provision for warranty expenses, stating it was systematically made based on historical data and therefore allowable under Section 37 of the Income Tax Act. Additionally, the Tribunal confirmed that commission payments to distributors/dealers were actually turnover discounts, not subject to TDS under Section 194H, as the relationship was deemed principal-to-principal. The Revenue's appeal and the assessee's Cross Objection were both dismissed, affirming the CIT(A)'s rulings on both issues. Case-Laws Income Tax Fri, 18 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=327014