Relief to Apple India: Supreme Court dismisses SLP of Income Tax Dept against Higher Deduction based on Warranty Claims and After-Sales Support

In a Major Relief to Apple India, the Apex Court has dismissed an SLP by Income Tax Department against Higher Deductions on the basis of warranty claims

By Manu Sharma - On February 26, 2024 4:00 pm - 2 mins read

Apple India - Supreme Court - Income Tax - Income Tax Department - Special Leave Petition - taxscan

A Two-Judge Bench of the Supreme Court has dismissed a Special Leave Petition filed by the Income Tax Department against Apple India being inclined not to interfere with the impugned judgment and order passed by the High Court. The Karnataka High Court had observed in the earlier case that, The AO had disallowed Rs.5,10,83,253/- being…

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