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Income Tax - Highlights / Catch Notes

Home Highlights March 2014 Year 2014 This

Allowability of deduction – the claim of provision for warranty ...


Court Confirms Deductibility of Estimated Warranty Provisions in Tax Assessments for Certain Years.

March 13, 2014

Case Laws     Income Tax     HC

Allowability of deduction – the claim of provision for warranty stating that with making of provision on the basis of estimated present value of contingent liability holds good during the assessment years in question qua warranty claims - HC

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