https://www.taxtmi.com/caselaws?id=220542 The Tribunal allowed the assessee's appeal for depreciation on intangible assets, directing the AO to permit depreciation on the purchase of clientele business. The alternative plea for revenue expenditure was dismissed. The Tribunal upheld the CIT(A)'s decision on non-deduction of TDS and the inapplicability of section 2(22)(e) regarding deemed dividend, resulting in the dismissal of the Revenue's appeal. en-us Wed, 12 Dec 2012 00:00:00 +0530 Wed, 21 Jul 2021 18:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=220542 The Tribunal allowed the assessee's appeal for depreciation on intangible assets, directing the AO to permit depreciation on the purchase of clientele business. The alternative plea for revenue expenditure was dismissed. The Tribunal upheld the CIT(A)'s decision on non-deduction of TDS and the inapplicability of section 2(22)(e) regarding deemed dividend, resulting in the dismissal of the Revenue's appeal. Case-Laws Income Tax Wed, 12 Dec 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=220542