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Income Tax - Highlights / Catch Notes

Home Highlights April 2013 Year 2013 This

The provision for warranty claims and free services charges were ...


Warranty Claims and Free Service Charges Deductible if Quantified Scientifically and Liability Established.

April 30, 2013

Case Laws     Income Tax     AT

The provision for warranty claims and free services charges were allowable as deduction on the facts that quantification of warranty claim and liability of free services has been made on scientific basis. - AT

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