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Income Tax - Highlights / Catch Notes

Home Highlights September 2018 Year 2018 This

Provision for warranty expenses - contingent liability - there ...

Case Laws     Income Tax

September 9, 2018

Provision for warranty expenses - contingent liability - there has been no material placed before the AO to establish that the provision in the accounts for the warranty charges was based on any scientific basis or based on the past experience - Additions confirmed.

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