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Income Tax - Highlights / Catch Notes

Home Highlights March 2014 Year 2014 This

Nature of Expenses - Provision for warranty is rightly made by ...

Case Laws     Income Tax

March 20, 2014

Nature of Expenses - Provision for warranty is rightly made by the assessee because it has incurred a present obligation as a result of past events - A reliable estimate of the obligation is possible - HC

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