https://www.taxtmi.com/caselaws?id=258829 The Tribunal upheld the CIT(A)'s decision that no real income accrued to the assessee due to the reduction in the franchise fee from USD 45,000 to USD 22,500. The Tribunal found that the fee reduction was valid and properly documented through agreements and communications, dismissing the revenue's appeal. The order was pronounced on March 18, 2015. en-us Wed, 18 Mar 2015 00:00:00 +0530 Wed, 22 Apr 2015 06:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=258829 The Tribunal upheld the CIT(A)'s decision that no real income accrued to the assessee due to the reduction in the franchise fee from USD 45,000 to USD 22,500. The Tribunal found that the fee reduction was valid and properly documented through agreements and communications, dismissing the revenue's appeal. The order was pronounced on March 18, 2015. Case-Laws Income Tax Wed, 18 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=258829