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2018 (9) TMI 112 - CALCUTTA HIGH COURTAllowability of provisions for warranty expenses - Held that:- We cannot accept the Revenue’s submission that such expenditure goes outside purview of Section 37 of the Act. Next question, which was urged, was that the sum claimed was made on the basis of the arbitrary estimate. But we find both the Commissioner and Tribunal found the estimation to be reliable. It is finding of the Tribunal that the assessee had filed the data on the basis of which the provisions of warranty expenses was made but the same was not considered by the assessing officer. Hence, we do not want to interfere with their findings on facts. In our opinion, issue raised by the Revenue is covered by the decision of the Hon’ble Supreme Court of India in the case of Rotork Controls India Pvt. Ltd. [2009 (5) TMI 16 - SUPREME COURT OF INDIA] and no substantial question of law arises in this appeal.
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