https://www.taxtmi.com/highlights?id=48302 Disallowance of provision for maintenance and free service/warranty in computation of book profit u/s 115JB - such liabilities cannot be regarded as contingent liability, what is certain is the incurring of liability notwithstanding estimation thereof with reasonable certainty irrespective of actual quantification latter on - the liability is in praesenti though it is likely to be discharged at a future date - no adjustment en-us Wed, 31 Jul 2019 04:34:40 +0530 Wed, 31 Jul 2019 04:34:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=48302 Disallowance of provision for maintenance and free service/warranty in computation of book profit u/s 115JB - such liabilities cannot be regarded as contingent liability, what is certain is the incurring of liability notwithstanding estimation thereof with reasonable certainty irrespective of actual quantification latter on - the liability is in praesenti though it is likely to be discharged at a future date - no adjustment Highlights Income Tax Wed, 31 Jul 2019 04:34:40 +0530 https://www.taxtmi.com/highlights?id=48302