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2009 (9) TMI 603 - HC - Income TaxBook profit under section 115JA of the Income-tax Act, 1961 - on account of provision of warranty claims debited in the profit and loss account - provisions for warranty claims form part of unascertained liability as the actual warranty after sales services expenditure was being debited in the profit and loss account on year to year basis - Assessing Officer passed order of rectification - on the ground that the assessee wrongly debited warranty claims which was uncertain liability - Held that: - no evidence on record that the provision made not of a reasonable amount - provision is deductible in com-puting the income - no mistake apparent from record which could be rectified under section 154 of the Act - Appeal is dismissed
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