Provision for warranty made on scientific basis is allowable

Advocate Akhilesh Kumar Sah

Grundfos Pumpas India Ltd. Vs DCIT (Madras High Court)

Grundfos Pumpas India case: Where the provision was made on a scientific basis and not on an adhoc estimate, deduction in respect of provision for warranty was allowed

In Grundfos Pumpas India Ltd.

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