Provision for warranty - Tribunal has examined the relevant ...

Income Tax

April 6, 2023

Provision for warranty - Tribunal has examined the relevant clause in the terms and conditions and found that the warranty clause is in-built in the guarantee clause itself as the assessee, in the event of any defective supply within a period of 5-1/2 years has to replace the meters and in the event of the meters not getting replaced, the assessee has to pay twice the cost of meters. - Revenue appeal dismissed - HC

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Provision for warranty - Tribunal has examined the relevant ...

Income Tax

April 6, 2023

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