https://www.taxtmi.com/caselaws?id=214574 The Income Tax Appellate Tribunal (ITAT) ruled in favor of the assessee, holding that the consultancy fees should be recognized proportionately over the five-year term and that the expenses claimed were justified. The ITAT set aside the decisions of the lower authorities, allowing the appeal and deciding the issues in favor of the assessee. en-us Fri, 04 May 2012 00:00:00 +0530 Sat, 30 Jun 2012 15:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=214574 The Income Tax Appellate Tribunal (ITAT) ruled in favor of the assessee, holding that the consultancy fees should be recognized proportionately over the five-year term and that the expenses claimed were justified. The ITAT set aside the decisions of the lower authorities, allowing the appeal and deciding the issues in favor of the assessee. Case-Laws Income Tax Fri, 04 May 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=214574