https://www.taxtmi.com/caselaws?id=372562 The Court ruled in favor of the assessee regarding the allowability of excess provision for warranty as a deduction and entitlement for deduction of excess provision towards warranty not offered to tax. However, the Court ruled in favor of the Revenue regarding the inclusion of interest income in eligible profits for deduction under section 80IB when not derived from eligible business. The appeal was disposed of accordingly, with the first and second issues decided in favor of the assessee and the third issue decided in favor of the Revenue. en-us Mon, 19 Nov 2018 00:00:00 +0530 Mon, 24 Dec 2018 09:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=372562 The Court ruled in favor of the assessee regarding the allowability of excess provision for warranty as a deduction and entitlement for deduction of excess provision towards warranty not offered to tax. However, the Court ruled in favor of the Revenue regarding the inclusion of interest income in eligible profits for deduction under section 80IB when not derived from eligible business. The appeal was disposed of accordingly, with the first and second issues decided in favor of the assessee and the third issue decided in favor of the Revenue. Case-Laws Income Tax Mon, 19 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=372562