https://www.taxtmi.com/caselaws?id=217848 The Tribunal upheld the decisions of the Ld. Commissioner of Income Tax (A) on all three issues, based on legal principles, precedents, and the specific circumstances of the case. The Revenue's appeal was dismissed in its entirety. The first issue regarding franchisee fees was decided in favor of the assessee due to lack of substantial reasons for deviation. The second issue on depreciation for a charitable trust was allowed, emphasizing no double deduction. The third issue on deficit from an earlier assessment was permitted following a decision of the Jurisdictional High Court. en-us Fri, 19 Oct 2012 00:00:00 +0530 Fri, 09 Sep 2016 12:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=217848 The Tribunal upheld the decisions of the Ld. Commissioner of Income Tax (A) on all three issues, based on legal principles, precedents, and the specific circumstances of the case. The Revenue's appeal was dismissed in its entirety. The first issue regarding franchisee fees was decided in favor of the assessee due to lack of substantial reasons for deviation. The second issue on depreciation for a charitable trust was allowed, emphasizing no double deduction. The third issue on deficit from an earlier assessment was permitted following a decision of the Jurisdictional High Court. Case-Laws Income Tax Fri, 19 Oct 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=217848