https://www.taxtmi.com/caselaws?id=219579 The Tribunal upheld the rejection of the Assessee's claim for deduction under Section 80-O, as the Assessee failed to demonstrate that the payments were for the use of patents or designs. However, the Tribunal allowed the appeal on the levy of interest under Section 220(2) for statistical purposes, directing the Assessing Officer to re-examine the computation of interest and the issuance of notice under Section 156. en-us Wed, 18 Jul 2012 00:00:00 +0530 Wed, 07 Nov 2012 10:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=219579 The Tribunal upheld the rejection of the Assessee's claim for deduction under Section 80-O, as the Assessee failed to demonstrate that the payments were for the use of patents or designs. However, the Tribunal allowed the appeal on the levy of interest under Section 220(2) for statistical purposes, directing the Assessing Officer to re-examine the computation of interest and the issuance of notice under Section 156. Case-Laws Income Tax Wed, 18 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=219579