https://www.taxtmi.com/caselaws?id=238060 The tribunal allowed the appeals related to the disallowance of 25% of royalty, technical fees, and design and drawing fees, treating them as revenue expenditure. It upheld the CIT (A)'s decision to allow power and fuel expenses in the assessment year 2003-04, dismissing the assessee's ground for the assessment year 2004-05. The final order pronounced that ITA No.4674/Del/2005 for Assessment Year 2002-03 is allowed, ITA No.1705/Del/2007 for Assessment Year 2003-04 and ITA No.2619/Del/2007 for Assessment Year 2004-05 are partly allowed. en-us Wed, 19 Jun 2013 00:00:00 +0530 Tue, 15 Oct 2013 11:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=238060 The tribunal allowed the appeals related to the disallowance of 25% of royalty, technical fees, and design and drawing fees, treating them as revenue expenditure. It upheld the CIT (A)'s decision to allow power and fuel expenses in the assessment year 2003-04, dismissing the assessee's ground for the assessment year 2004-05. The final order pronounced that ITA No.4674/Del/2005 for Assessment Year 2002-03 is allowed, ITA No.1705/Del/2007 for Assessment Year 2003-04 and ITA No.2619/Del/2007 for Assessment Year 2004-05 are partly allowed. Case-Laws Income Tax Wed, 19 Jun 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=238060