https://www.taxtmi.com/caselaws?id=238316 The Tribunal allowed the appellant's claim for depreciation on goodwill, citing a Supreme Court judgment. It also overturned the disallowance under section 40(a)(ia) for technical services, emphasizing the nature of the payment. The Tribunal directed the AO to process the appellant's claim for advance tax credit due to a bank error. However, the appellant's claim for relief by increasing the opening stock value was dismissed as not pressed. Overall, the Tribunal partly allowed the appeal, addressing key issues and providing appropriate directions based on legal precedents and factual considerations. en-us Wed, 09 Oct 2013 00:00:00 +0530 Mon, 21 Oct 2013 10:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=238316 The Tribunal allowed the appellant's claim for depreciation on goodwill, citing a Supreme Court judgment. It also overturned the disallowance under section 40(a)(ia) for technical services, emphasizing the nature of the payment. The Tribunal directed the AO to process the appellant's claim for advance tax credit due to a bank error. However, the appellant's claim for relief by increasing the opening stock value was dismissed as not pressed. Overall, the Tribunal partly allowed the appeal, addressing key issues and providing appropriate directions based on legal precedents and factual considerations. Case-Laws Income Tax Wed, 09 Oct 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=238316