https://www.taxtmi.com/caselaws?id=307271 A provision made for warranty claims against buyers under a warranty arrangement was treated as an allowable deduction, following an earlier court decision that applied the Supreme Court ruling in Rotork Controls India P. Ltd. The court also noted that the Revenue had accepted the same claim in subsequent years, supporting consistency in tax treatment. On that basis, the warranty provision was deductible and no question of law arose. en-us Thu, 01 Sep 2011 00:00:00 +0530 Sat, 01 Apr 2023 10:45:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=307271 A provision made for warranty claims against buyers under a warranty arrangement was treated as an allowable deduction, following an earlier court decision that applied the Supreme Court ruling in Rotork Controls India P. Ltd. The court also noted that the Revenue had accepted the same claim in subsequent years, supporting consistency in tax treatment. On that basis, the warranty provision was deductible and no question of law arose. Case-Laws Income Tax Thu, 01 Sep 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=307271