2011 (9) TMI 1240 - HC - Income Tax

Summary

The Delhi High Court dismissed the appeals regarding the addition made by the Assessing Officer on account of provisions for warranties. The Court held that the warranty provision made by the assessee was allowable as a deduction, citing previous judgments. The Court noted that the claim had been allowed by the Revenue for subsequent years, and on the ground of consistency, the claim was deemed allowable.