https://www.taxtmi.com/caselaws?id=215810 The Division Bench allowed the appeal, quashing the assessment order for the assessment year 1998-99. The disallowance of expenditure towards non-compete fees and depreciation on leased premises was overturned. The proceedings initiated by the AO under section 147 were deemed illegal and void ab initio, leading to their quashing. The order was pronounced in Open Court on 29th June 2012. en-us Fri, 29 Jun 2012 00:00:00 +0530 Mon, 18 Apr 2016 10:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=215810 The Division Bench allowed the appeal, quashing the assessment order for the assessment year 1998-99. The disallowance of expenditure towards non-compete fees and depreciation on leased premises was overturned. The proceedings initiated by the AO under section 147 were deemed illegal and void ab initio, leading to their quashing. The order was pronounced in Open Court on 29th June 2012. Case-Laws Income Tax Fri, 29 Jun 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=215810