https://www.taxtmi.com/caselaws?id=269077 The Appellate Tribunal ITAT Mumbai ruled in favor of the Assessee on both issues. The Tribunal upheld the deletion of additions related to interest on delayed payment of license fee and excess claim of depreciation on accessories. It considered relevant legal precedents and specific circumstances, affirming the Commissioner of Income Tax (Appeals)'s decisions. The Tribunal dismissed the Revenue's appeal, finding no infirmity in the conclusions reached. en-us Wed, 07 Oct 2015 00:00:00 +0530 Thu, 19 Nov 2015 15:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=269077 The Appellate Tribunal ITAT Mumbai ruled in favor of the Assessee on both issues. The Tribunal upheld the deletion of additions related to interest on delayed payment of license fee and excess claim of depreciation on accessories. It considered relevant legal precedents and specific circumstances, affirming the Commissioner of Income Tax (Appeals)'s decisions. The Tribunal dismissed the Revenue's appeal, finding no infirmity in the conclusions reached. Case-Laws Income Tax Wed, 07 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=269077