2014 (3) TMI 385

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.... Aravind, Adv. For the Respondent : Sri S Parthasarathi, Adv. JUDGEMENT JUDGEMENT Per: Dilip B Bhosale: These income tax appeals are directed against the common order dated 18th January 2007 passed by Income Tax Appellate Tribunal, Bangalore Bench "B" (for short "the Tribunal") in ITA Nos.276 & 561/Bang/2005 for the assessment years 2000-01 and 2001-02, whereby, the Tribunal dismiss....

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....he current assessment year despite the assessment officer holding that such payments will be made only on the claim being made under the policy which may happen in any one or the succeeding assessment years.               2. Whether the Tribunal was correct in holding that the provision made for warranty expenses is an allowable d....

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....mand with a direction to the Tribunal to consider these two questions afresh in the light of the said judgment. 4. We have perused the judgment of the Supreme Court in Rotork Controls India Ltd (supra) and we are satisfied that these two questions deserve to be considered by the Tribunal afresh in the light of the judgment. 5. Insofar as the third question is concerned, learned counsel for t....