https://www.taxtmi.com/caselaws?id=282023 The Tribunal upheld the deletion of disallowances related to Inter Corporate Deposits and repairs to the factory building, as they were considered revenue expenditures. The matter of exclusion of Miscellaneous Receipts for deduction u/s.80HHC was remanded for fresh consideration. Disallowance of commission paid to parties was deleted based on a previous case. The claim for warranty provision was allowed despite lack of a reliable estimate. The controversy over stock written off was resolved in favor of the assessee due to consistency in policy. The appeal was dismissed with no costs. en-us Fri, 01 Feb 2013 00:00:00 +0530 Thu, 18 Jul 2019 16:00:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=282023 The Tribunal upheld the deletion of disallowances related to Inter Corporate Deposits and repairs to the factory building, as they were considered revenue expenditures. The matter of exclusion of Miscellaneous Receipts for deduction u/s.80HHC was remanded for fresh consideration. Disallowance of commission paid to parties was deleted based on a previous case. The claim for warranty provision was allowed despite lack of a reliable estimate. The controversy over stock written off was resolved in favor of the assessee due to consistency in policy. The appeal was dismissed with no costs. Case-Laws Income Tax Fri, 01 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=282023