https://www.taxtmi.com/caselaws?id=151654 The Appellate Tribunal ITAT MUMBAI ruled in favor of the company, allowing deduction under Section 80-O for providing technical services to a foreign enterprise. The Tribunal held that the technical assistance provided qualified for the deduction, emphasizing that deputing specialists to share technical expertise constituted eligible services. Additionally, the Tribunal accepted approved technical service agreements as evidence, stating that even commitments for future services could qualify for the deduction. The Tribunal rejected the Assessing Officer and Commissioner of Income-tax (Appeals)'s denial of the deduction based solely on personnel deputation, affirming the company's entitlement to the deduction under Section 80-O. en-us Fri, 18 Jul 2008 00:00:00 +0530 Tue, 11 Jun 2013 14:02:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=151654 The Appellate Tribunal ITAT MUMBAI ruled in favor of the company, allowing deduction under Section 80-O for providing technical services to a foreign enterprise. The Tribunal held that the technical assistance provided qualified for the deduction, emphasizing that deputing specialists to share technical expertise constituted eligible services. Additionally, the Tribunal accepted approved technical service agreements as evidence, stating that even commitments for future services could qualify for the deduction. The Tribunal rejected the Assessing Officer and Commissioner of Income-tax (Appeals)'s denial of the deduction based solely on personnel deputation, affirming the company's entitlement to the deduction under Section 80-O. Case-Laws Income Tax Fri, 18 Jul 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=151654