Patent-settlement expenditure treated as commercially expedient revenue outlay, with foreign-law restrictions inapplicable before the prospective amen...
Revision u/s 263 - Claim of deduction u/s 57(iii) - Since this stand taken by the assessee with respect to claiming 10% deduction against income from other sources have been accepted by the Department in the past years, the order passed by the AO cannot be held to be erroneous and prejudicial to the interest of the Revenue u/s 263 - AT
Revision u/s 263 - Claim of deduction u/s 57(iii) - Since this stand taken by the assessee with respect to claiming 10% deduction against income from other sources have been accepted by the Department in the past years, the order passed by the AO cannot be held to be erroneous and prejudicial to the interest of the Revenue u/s 263 - AT
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