https://www.taxtmi.com/caselaws?id=176179 The Tribunal partially allowed the appeals, granting relief on various grounds such as admission of additional grounds for accrued liability and technical know-how expenses, deduction for guarantee obligations, and payments for trade-mark license fee and technical information. However, the Tribunal dismissed the claim for profit on the sale of Bhandup Division and credit balances written back. Additionally, the Tribunal directed the AO to allow 50% of office-cum-transit premises expenses as office expenses and apply Section 37(4) to the remaining 50%. en-us Fri, 17 Aug 2001 00:00:00 +0530 Wed, 16 Dec 2015 11:35:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=176179 The Tribunal partially allowed the appeals, granting relief on various grounds such as admission of additional grounds for accrued liability and technical know-how expenses, deduction for guarantee obligations, and payments for trade-mark license fee and technical information. However, the Tribunal dismissed the claim for profit on the sale of Bhandup Division and credit balances written back. Additionally, the Tribunal directed the AO to allow 50% of office-cum-transit premises expenses as office expenses and apply Section 37(4) to the remaining 50%. Case-Laws Income Tax Fri, 17 Aug 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=176179