https://www.taxtmi.com/caselaws?id=269585 The Tribunal dismissed the Revenue's appeals regarding the disallowance of payments made to a non-resident for investment management services and the disallowance of expenditure on improvement/renovation of a leasehold building. The Tribunal upheld the decisions of the Commissioner of Income Tax (Appeals) in both issues, ruling that the payments to the non-resident did not qualify as royalty and that the renovation expenses were revenue expenditure based on previous decisions and legal provisions. en-us Fri, 22 Aug 2014 00:00:00 +0530 Thu, 17 Dec 2015 06:44:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=269585 The Tribunal dismissed the Revenue's appeals regarding the disallowance of payments made to a non-resident for investment management services and the disallowance of expenditure on improvement/renovation of a leasehold building. The Tribunal upheld the decisions of the Commissioner of Income Tax (Appeals) in both issues, ruling that the payments to the non-resident did not qualify as royalty and that the renovation expenses were revenue expenditure based on previous decisions and legal provisions. Case-Laws Income Tax Fri, 22 Aug 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=269585