Provision for warranty expenses should be reliable: Apple India case

Advocate Akhilesh Kumar Sah M/ s. Apple India Pvt. Ltd. Vs DCIT (ITAT Bangalore) Recently, in Apple India Pvt. Ltd. vs. DCIT [ITA Nos.422 & 423/Bang/2018 (A.Y.s: 2013-14 & 2014-15), decided on 03.08.2018], appeals were filed by the assessee directed against different orders of the Commissioner of Income-tax (Appeals)-1 [CIT(A)], Bengaluru, dated 30/10/2017 for the AYs 2013-14 and 2014-15. Since identical issue was involved in both the appeals, the common order was passed. Facts & Decision in brief: Briefly, the facts of the case were that the assessee-company duly incorporated und...