Warranty, provision for : SLP dismissed against order of High Court that where Assessing Officer disallowed claim of warranty provisions and concluded that method followed to create provision was not scientific, however, assessee filed a statement showing that assessee had utilized about 95.5 per cent of total provision, estimate made by assessee was robust and therefore, order passed by Assessing Officer was unsustainable in law – Deputy Commissioner of Income-tax v. Apple India (P.) Ltd. – [2024] 162 taxmann.com 153 (SC)
Skip to content
Skip to footer