https://www.taxtmi.com/caselaws?id=467726 Provision for warranty is deductible only if it represents an ascertained liability supported by a scientific and reliable estimate based on technical inputs, past experience, and actual subsequent expenditure. Where the factual basis and estimation methodology are not examined in sufficient detail, the claim requires fresh verification rather than outright acceptance or rejection. The warranty provision was therefore remanded to the Assessing Officer for re-examination after verification and after giving the assessee an opportunity of hearing. en-us Thu, 06 Jun 2019 00:00:00 +0530 Tue, 31 Mar 2026 17:40:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=467726 Provision for warranty is deductible only if it represents an ascertained liability supported by a scientific and reliable estimate based on technical inputs, past experience, and actual subsequent expenditure. Where the factual basis and estimation methodology are not examined in sufficient detail, the claim requires fresh verification rather than outright acceptance or rejection. The warranty provision was therefore remanded to the Assessing Officer for re-examination after verification and after giving the assessee an opportunity of hearing. Case-Laws Income Tax Thu, 06 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467726