https://www.taxtmi.com/caselaws?id=270023 The Tribunal allowed the appeal, overturning the disallowances of director's remuneration and depreciation on goodwill for the assessment year 2008-09. The disallowance was found unjustified due to discrepancies in the effective date of the director's remuneration increase, supported by relevant documents. Additionally, the Tribunal justified the claim for depreciation on goodwill based on settled precedents, including a previous decision in the assessee's favor for the assessment year 2004-05 and Supreme Court rulings on the issue. en-us Thu, 03 Dec 2015 00:00:00 +0530 Sun, 27 Dec 2015 17:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=270023 The Tribunal allowed the appeal, overturning the disallowances of director's remuneration and depreciation on goodwill for the assessment year 2008-09. The disallowance was found unjustified due to discrepancies in the effective date of the director's remuneration increase, supported by relevant documents. Additionally, the Tribunal justified the claim for depreciation on goodwill based on settled precedents, including a previous decision in the assessee's favor for the assessment year 2004-05 and Supreme Court rulings on the issue. Case-Laws Income Tax Thu, 03 Dec 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=270023