Lack of specific discussion on issue in assessment order not means lack of enquiries

Trivitron Healthcare Pvt. Ltd Vs DCIT (ITAT Chennai) The PCIT has questioned provision for warranty expenses amounting to Rs.2,25,71,530/-. According to the PCIT, there is a five times increase in provision for warranty expenses for the AY 2014-15 when compare to AY 2013-14. Although, the assessee has not explained rational behind substantial increase in expenses, the AO has allowed the claim without carrying out required enquiries, he ought to have been carried out. Therefore, the PCIT opined that the assessment order passed by the AO on this issue is erroneous in so far as it is prejudicial ...