https://www.taxtmi.com/caselaws?id=255625 The court ruled in favor of the assessee on all issues. It held that royalty payments to the parent company were revenue expenditure, disallowance of payments for intranet services lacked evidence, expenditure for technical services was allowable under Section 37(1), and the claim under Section 35AB was valid for depreciation under Section 32(1). The court dismissed the revenue's appeals, emphasizing the validity of the assessee's positions in each instance. en-us Tue, 13 Jan 2015 00:00:00 +0530 Tue, 11 Aug 2015 16:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=255625 The court ruled in favor of the assessee on all issues. It held that royalty payments to the parent company were revenue expenditure, disallowance of payments for intranet services lacked evidence, expenditure for technical services was allowable under Section 37(1), and the claim under Section 35AB was valid for depreciation under Section 32(1). The court dismissed the revenue's appeals, emphasizing the validity of the assessee's positions in each instance. Case-Laws Income Tax Tue, 13 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=255625