https://www.taxtmi.com/caselaws?id=415186 The appeal of the assessee in ITA No.8119/Del/2018 was allowed, and the appeal in ITA No.475/Del/2021 was partly allowed. The order was pronounced in the open court on 18/08/2021. The tribunal ruled in favor of the assessee regarding the markup on services availed, provision for warranty, and liquidated damages for the respective assessment years. However, the tribunal upheld the disallowance of the provision for anticipated losses and directed verification of interest charges under section 234A for the assessment year 2014-15. en-us Wed, 18 Aug 2021 00:00:00 +0530 Mon, 29 Nov 2021 08:59:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=415186 The appeal of the assessee in ITA No.8119/Del/2018 was allowed, and the appeal in ITA No.475/Del/2021 was partly allowed. The order was pronounced in the open court on 18/08/2021. The tribunal ruled in favor of the assessee regarding the markup on services availed, provision for warranty, and liquidated damages for the respective assessment years. However, the tribunal upheld the disallowance of the provision for anticipated losses and directed verification of interest charges under section 234A for the assessment year 2014-15. Case-Laws Income Tax Wed, 18 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=415186