https://www.taxtmi.com/caselaws?id=220858 The Tribunal partially allowed the assessee's appeal and dismissed the Revenue's appeal. It addressed issues concerning the disallowance of expenditure under S.40a(ia) for non-deduction of Tax at Source under S.194J, granting of deduction under S.10A without requisite proof, disallowance of US branch expenditure, and allowance of product development expenditure. The Tribunal directed the assessing officer to allow already paid expenditure during the relevant previous year, upheld the grant of deduction under S.10A, treated US branch expenditure as business-related, and allowed product development expenditure as a regular business expense. en-us Fri, 14 Sep 2012 00:00:00 +0530 Tue, 12 Feb 2013 11:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=220858 The Tribunal partially allowed the assessee's appeal and dismissed the Revenue's appeal. It addressed issues concerning the disallowance of expenditure under S.40a(ia) for non-deduction of Tax at Source under S.194J, granting of deduction under S.10A without requisite proof, disallowance of US branch expenditure, and allowance of product development expenditure. The Tribunal directed the assessing officer to allow already paid expenditure during the relevant previous year, upheld the grant of deduction under S.10A, treated US branch expenditure as business-related, and allowed product development expenditure as a regular business expense. Case-Laws Income Tax Fri, 14 Sep 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=220858