https://www.taxtmi.com/news?id=862 Allowability of technical service charges under a later commercial agreement was sustained as not a subterfuge; depreciation claims for R&D assets were remanded for factual determination of actual use and nexus; furnishing a bank guarantee was held not to constitute actual payment under Section 43B; capital versus revenue treatment of expenditure on a replacement transformer was remitted for factual inquiry by the assessing officer. en-us Wed, 27 May 2009 22:39:39 +0530 Wed, 27 May 2009 22:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=862 Allowability of technical service charges under a later commercial agreement was sustained as not a subterfuge; depreciation claims for R&D assets were remanded for factual determination of actual use and nexus; furnishing a bank guarantee was held not to constitute actual payment under Section 43B; capital versus revenue treatment of expenditure on a replacement transformer was remitted for factual inquiry by the assessing officer. News - Wed, 27 May 2009 22:39:39 +0530 https://www.taxtmi.com/news?id=862