https://www.taxtmi.com/caselaws?id=366690 The High Court upheld the Assessing Officer's disallowance of the provision for warranty made by the Assessee, as it failed to meet the conditions recognized by the Supreme Court for allowing such provisions. The lack of material to substantiate the provision led to the dismissal of the appeal, with the substantial question of law decided in favor of the Revenue. en-us Mon, 13 Aug 2018 00:00:00 +0530 Sun, 09 Sep 2018 08:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=366690 The High Court upheld the Assessing Officer's disallowance of the provision for warranty made by the Assessee, as it failed to meet the conditions recognized by the Supreme Court for allowing such provisions. The lack of material to substantiate the provision led to the dismissal of the appeal, with the substantial question of law decided in favor of the Revenue. Case-Laws Income Tax Mon, 13 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=366690