https://www.taxtmi.com/caselaws?id=246095 The Tribunal classified income from receipt of services fee under 'Profits and Gains of Business', disallowed royalty expenditure, deleted additions on administrative expenses, allowed part depreciation, deleted excess provision addition, remanded software expenses issue, treated R&D expenses as revenue expenditure, disallowed excessive lease rent, rejected notional interest income addition, disallowed personal business expenditure, treated computer accessories expenditure as capital, upheld disallowance of prior period expenses, and remanded arbitration award settlement claim. The outcome resulted in the dismissal of one appeal and partial allowance for statistical purposes in three other appeals. en-us Fri, 14 Feb 2014 00:00:00 +0530 Tue, 18 Feb 2014 13:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=246095 The Tribunal classified income from receipt of services fee under 'Profits and Gains of Business', disallowed royalty expenditure, deleted additions on administrative expenses, allowed part depreciation, deleted excess provision addition, remanded software expenses issue, treated R&D expenses as revenue expenditure, disallowed excessive lease rent, rejected notional interest income addition, disallowed personal business expenditure, treated computer accessories expenditure as capital, upheld disallowance of prior period expenses, and remanded arbitration award settlement claim. The outcome resulted in the dismissal of one appeal and partial allowance for statistical purposes in three other appeals. Case-Laws Income Tax Fri, 14 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=246095