https://www.taxtmi.com/manuals?id=5789 A warranty is a collateral contractual promise concerning goods that creates a claim for damages but not a right to reject; it may be attached to the sale price. Warranty-related obligations qualify as a provision when a past event creates a present obligation, an outflow of resources is probable, and a reliable estimate of the amount can be made, permitting recognition of a liability contemporaneous with the obligating sale. en-us Tue, 19 Nov 2024 16:52:00 +0530 Mon, 14 Jul 2025 17:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=5789 A warranty is a collateral contractual promise concerning goods that creates a claim for damages but not a right to reject; it may be attached to the sale price. Warranty-related obligations qualify as a provision when a past event creates a present obligation, an outflow of resources is probable, and a reliable estimate of the amount can be made, permitting recognition of a liability contemporaneous with the obligating sale. Manuals Indian Laws Tue, 19 Nov 2024 16:52:00 +0530 https://www.taxtmi.com/manuals?id=5789