https://www.taxtmi.com/caselaws?id=410497 The Tribunal dismissed the revenue's appeal, upholding the Ld. CIT(A)'s decision to allow the deduction for warranty expenses claimed by the assessee. The Tribunal found the claim legitimate, supported by judicial precedents and the assessee's consistent practice. The Ld. CIT(A) acted within his powers in admitting and allowing the claim without a revised return of income. The decision highlighted the genuine nature of the claim and the authority of the Ld. CIT(A) to entertain such claims. en-us Fri, 30 Jul 2021 00:00:00 +0530 Tue, 03 Aug 2021 09:20:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=410497 The Tribunal dismissed the revenue's appeal, upholding the Ld. CIT(A)'s decision to allow the deduction for warranty expenses claimed by the assessee. The Tribunal found the claim legitimate, supported by judicial precedents and the assessee's consistent practice. The Ld. CIT(A) acted within his powers in admitting and allowing the claim without a revised return of income. The decision highlighted the genuine nature of the claim and the authority of the Ld. CIT(A) to entertain such claims. Case-Laws Income Tax Fri, 30 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=410497