https://www.taxtmi.com/caselaws?id=266182 The Tribunal acknowledged the mistake in not adjudicating additional grounds in the appeal and decided to consider them. The disallowance of proportionate premium on debentures and depreciation on foreign visitors' expenditure was allowed based on previous decisions. The taxability of non-compete fees was found to be prospective from a certain date, leading to modifications in the order. Disallowance of VRS expenses was contested but ultimately allowed without requiring actuarial valuation certificates. The Miscellaneous application filed by the assessee was granted, resulting in modifications to the Tribunal's findings. en-us Fri, 27 Feb 2015 00:00:00 +0530 Sun, 18 Oct 2015 17:44:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=266182 The Tribunal acknowledged the mistake in not adjudicating additional grounds in the appeal and decided to consider them. The disallowance of proportionate premium on debentures and depreciation on foreign visitors' expenditure was allowed based on previous decisions. The taxability of non-compete fees was found to be prospective from a certain date, leading to modifications in the order. Disallowance of VRS expenses was contested but ultimately allowed without requiring actuarial valuation certificates. The Miscellaneous application filed by the assessee was granted, resulting in modifications to the Tribunal's findings. Case-Laws Income Tax Fri, 27 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=266182