https://www.taxtmi.com/caselaws?id=258167 The Tribunal dismissed the Revenue's appeal for the assessment year 2001-02 regarding the disallowance of interest expenditure but partly allowed the assessee's appeal by allowing depreciation on technical know-how. The Tribunal upheld the disallowance of technical advisory fees and excise duty payment, emphasizing the need to avoid double taxation if the excise duty amount was refunded. Additionally, the Tribunal dismissed the Revenue's appeal for the assessment year 2003-04 regarding the addition for inventory written off, upholding the CIT(A)'s decision. en-us Thu, 26 Mar 2015 00:00:00 +0530 Thu, 02 Apr 2015 05:57:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=258167 The Tribunal dismissed the Revenue's appeal for the assessment year 2001-02 regarding the disallowance of interest expenditure but partly allowed the assessee's appeal by allowing depreciation on technical know-how. The Tribunal upheld the disallowance of technical advisory fees and excise duty payment, emphasizing the need to avoid double taxation if the excise duty amount was refunded. Additionally, the Tribunal dismissed the Revenue's appeal for the assessment year 2003-04 regarding the addition for inventory written off, upholding the CIT(A)'s decision. Case-Laws Income Tax Thu, 26 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=258167