https://www.taxtmi.com/caselaws?id=252780 The Tribunal allowed the assessee's appeal, deleting the disallowance under section 40A(2)(a). It dismissed the Revenue's appeal, upholding the CIT(A)'s deletion of the royalty payment disallowance and the reduction of disallowance under section 14A. The Cross Objection filed by the assessee for further reduction under section 14A was not pressed and thus dismissed. en-us Thu, 30 Oct 2014 00:00:00 +0530 Tue, 04 Nov 2014 07:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=252780 The Tribunal allowed the assessee's appeal, deleting the disallowance under section 40A(2)(a). It dismissed the Revenue's appeal, upholding the CIT(A)'s deletion of the royalty payment disallowance and the reduction of disallowance under section 14A. The Cross Objection filed by the assessee for further reduction under section 14A was not pressed and thus dismissed. Case-Laws Income Tax Thu, 30 Oct 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=252780