Search Results Page

Search Results

1 - 7 of 7 (0.61 seconds)
Documents citing Deputy Commissioner Of Income Tax vs Hindustan Milk Food Mfrs. Ltd. on 30 November, 2004

Wipro Ltd. vs Dy. Cit on 21 June, 2005

Further, this issue stands covered by the decision of the Kerala High Court in the case of CIT v. Indian Transformers Ltd. [2004] 270 ITR 259 (Kar) and the decision of the Madras High Court in the case of CIT v. Beema Mfrs. (P.) Ltd. (2003)130 Taxman 400 (Mad), wherein the Department has conceded the issue before the Madras High Court. Hence, we dismiss this ground of the Department.
Income Tax Appellate Tribunal - Bangalore Cites 104 - Cited by 0 - Full Document

Sree Rayalaseema Green Energy, ... vs Assessee on 7 June, 2012

18. Brief facts of the issue are that before the Assessing Officer the assessee had explained that the above provision had been made for the transformers manufactured and sold to government and the warranty was as per the terms of sale. It was also submitted that the assessee is in the business of manufacture of transformers from A.Y. 2004-05 and had made the provision towards warranty expenses at 10% of the total sales turnover after analysing the expenditure incurred on warranty in the preceding year. It was also claimed that making provisions for warranty is a common practice in all manufacturing and trading concerns and is an allowable expenditure. The assessee placed reliance on the decisions in the cases of CIT Vs. Beema Mfrs. P Ltd. (130 Taxman
Income Tax Appellate Tribunal - Hyderabad Cites 21 - Cited by 0 - Full Document
1