https://www.taxtmi.com/caselaws?id=406843 The Court dismissed the Revenue's appeal under Section 260A of the Income Tax Act, 1961, challenging the provision for warranty made by the assessee for the assessment year 2010-11. The Court upheld the Tribunal's decision, ruling that the assessee's provision followed a scientific method consistent with previous decisions, including the High Court of Karnataka's ruling in the assessee's case. The Court found no justification to interfere with the Tribunal's order, concluding that the provision for warranty was made in compliance with legal precedents and dismissed the appeal without costs. en-us Mon, 15 Mar 2021 00:00:00 +0530 Sat, 24 Apr 2021 09:37:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=406843 The Court dismissed the Revenue's appeal under Section 260A of the Income Tax Act, 1961, challenging the provision for warranty made by the assessee for the assessment year 2010-11. The Court upheld the Tribunal's decision, ruling that the assessee's provision followed a scientific method consistent with previous decisions, including the High Court of Karnataka's ruling in the assessee's case. The Court found no justification to interfere with the Tribunal's order, concluding that the provision for warranty was made in compliance with legal precedents and dismissed the appeal without costs. Case-Laws Income Tax Mon, 15 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=406843