https://www.taxtmi.com/caselaws?id=61639 The Tribunal allowed the appeal in part, directing the Assessing Officer to verify and decide the deduction claim for interest on borrowed capital under section 36(1)(iii) based on the Tribunal's directions. The disallowance of the technical know-how fees claimed under section 35AB was upheld, with the Tribunal stating that the deduction period for such fees is limited to six consecutive years, and failure to claim it in one year does not extend this period. en-us Wed, 29 Jun 2005 00:00:00 +0530 Thu, 13 Jan 2011 17:03:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=61639 The Tribunal allowed the appeal in part, directing the Assessing Officer to verify and decide the deduction claim for interest on borrowed capital under section 36(1)(iii) based on the Tribunal's directions. The disallowance of the technical know-how fees claimed under section 35AB was upheld, with the Tribunal stating that the deduction period for such fees is limited to six consecutive years, and failure to claim it in one year does not extend this period. Case-Laws Income Tax Wed, 29 Jun 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=61639