Case Laws
Acts
Notifications
Circulars
Classification
Forms
Manuals
Articles
News
D. Forum
Highlights
Notes
🚨 Important Update for Our Users
We are transitioning to our new and improved portal - www.taxtmi.com - for a better experience.
⚠️ This portal will be discontinued on 31-07-2025
If you encounter any issues or problems while using the new portal,
please
let us know via our feedback form
so we can address them promptly.
Home
2023 (7) TMI 1473 - HC - Income TaxAccrual of income - advance from customers - income liable to be taxed in the assessment year under consideration or not ? - ITAT deleted addition - HELD THAT - We are told that it is covered by the judgment of the Supreme Court in Taparia Tools Ltd 2015 (3) TMI 853 - SUPREME COURT Provision for warranty - warranty provision was a contingent liability and not an ascertained liability moreover the same was adhoc - ITAT deleted addition - HELD THAT - Proposed question is covered by the judgment of the Supreme Court rendered in Rotork Controls India (P.) Ltd 2009 (5) TMI 16 - SUPREME COURT
|