2008 (8) TMI 488

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Full Text of the Document

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.... The Revenue is aggrieved by the orders of the Tribunal wherein it is held that the provision for estimated costs of rendering warranty services debited to the profit and loss account was not a contingent liability and that the said expenditure was allowable expenditure. 2. Admittedly, the expenditure in question has been consistently allowed in the case of the assessee since the assessment yea....