{"id":25446,"date":"2022-03-12T16:38:00","date_gmt":"2022-03-12T11:08:00","guid":{"rendered":"https:\/\/itatonline.org\/digest\/senior-india-p-ltd-v-dy-cit-2021-87-itr-62-sn-delhitrib\/"},"modified":"2022-03-12T16:38:00","modified_gmt":"2022-03-12T11:08:00","slug":"senior-india-p-ltd-v-dy-cit-2021-87-itr-62-sn-delhitrib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/senior-india-p-ltd-v-dy-cit-2021-87-itr-62-sn-delhitrib\/","title":{"rendered":"Senior India P. Ltd. v. Dy.CIT (2021) 87 ITR 62 (SN) (Delhi)(Trib.)"},"content":{"rendered":"<p>Dismissing the appeal the Tribunal held that it clearly established that assessee had not been strict in making the provision for warranty at the end of the financial year under consideration. The assessee\u2019s warranty provision equally lacked proper accounting\/calculating factors and, therefore, the claim of the assessee was not sustainable.\u00a0 Order of CIT(A) is affirmed. (AY.2012-13)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 37(1) : Business expenditure-Provision for warranty claims-Estimate of  provision on basis of  past historical trend of  warranty claims not reliable-Provision not allowable.  [S. 145] <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-25446","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-6Cq","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/25446","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=25446"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/25446\/revisions"}],"predecessor-version":[{"id":25447,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/25446\/revisions\/25447"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=25446"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=25446"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=25446"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}