https://www.taxtmi.com/caselaws?id=70621 The Tribunal partly allowed the appeal for statistical purposes, upholding the decisions of the Commissioner of Income Tax (Appeals) on all three issues. The deduction under section 80J of the Income Tax Act, 1961 was denied based on a retrospective amendment. Depreciation on expenditure for technical know-how was limited to 50% as part of it was deemed unrelated to creating 'plant'. The claim for investment allowance for technical know-how was disallowed due to capitalization in earlier years. The Tribunal found the CIT(A)'s decisions fair and rejected the assessee's claims. en-us Wed, 29 Aug 1984 00:00:00 +0530 Mon, 18 Apr 2011 11:38:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70621 The Tribunal partly allowed the appeal for statistical purposes, upholding the decisions of the Commissioner of Income Tax (Appeals) on all three issues. The deduction under section 80J of the Income Tax Act, 1961 was denied based on a retrospective amendment. Depreciation on expenditure for technical know-how was limited to 50% as part of it was deemed unrelated to creating 'plant'. The claim for investment allowance for technical know-how was disallowed due to capitalization in earlier years. The Tribunal found the CIT(A)'s decisions fair and rejected the assessee's claims. Case-Laws Income Tax Wed, 29 Aug 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70621