https://www.taxtmi.com/caselaws?id=264281 The Tribunal allowed the assessee's appeals for some assessment years and partly allowed for others. The disallowance of depreciation of goodwill was overturned as the payment for acquiring commercial rights was deemed eligible for depreciation. However, the disallowance of milgin and factory expenses was upheld due to insufficient evidence and lack of proper vouchers. The Tribunal's decision was based on legal precedents and a detailed analysis of the specific issues, resulting in a mixed outcome for the assessee across the relevant assessment years. en-us Fri, 29 May 2015 00:00:00 +0530 Tue, 22 Sep 2015 06:54:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=264281 The Tribunal allowed the assessee's appeals for some assessment years and partly allowed for others. The disallowance of depreciation of goodwill was overturned as the payment for acquiring commercial rights was deemed eligible for depreciation. However, the disallowance of milgin and factory expenses was upheld due to insufficient evidence and lack of proper vouchers. The Tribunal's decision was based on legal precedents and a detailed analysis of the specific issues, resulting in a mixed outcome for the assessee across the relevant assessment years. Case-Laws Income Tax Fri, 29 May 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=264281