https://www.taxtmi.com/caselaws?id=185696 The tribunal partly allowed the appeal for the assessment year 2004-05 and fully allowed the appeal for the assessment year 2005-06. The disputes involved disallowance of repair and maintenance expenses, computation of deduction u/s 80HHC for scrap sale and miscellaneous income, deduction of exchange loss from export turnover, and disallowance of provision for warranty. The tribunal upheld the disallowance of certain repair and maintenance expenses as capital in nature, allowed income from scrap sale for deduction u/s 80HHC, remanded the issue of exchange loss deduction for further consideration, and allowed the provision for warranty as a deduction under section 37 of the Income Tax Act. en-us Wed, 09 Feb 2011 00:00:00 +0530 Tue, 23 Aug 2016 18:32:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=185696 The tribunal partly allowed the appeal for the assessment year 2004-05 and fully allowed the appeal for the assessment year 2005-06. The disputes involved disallowance of repair and maintenance expenses, computation of deduction u/s 80HHC for scrap sale and miscellaneous income, deduction of exchange loss from export turnover, and disallowance of provision for warranty. The tribunal upheld the disallowance of certain repair and maintenance expenses as capital in nature, allowed income from scrap sale for deduction u/s 80HHC, remanded the issue of exchange loss deduction for further consideration, and allowed the provision for warranty as a deduction under section 37 of the Income Tax Act. Case-Laws Income Tax Wed, 09 Feb 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=185696