https://www.taxtmi.com/caselaws?id=176776 The assessee's appeal was partly allowed, and the Revenue's appeal was dismissed. The Tribunal upheld the direction to allow ESOP expenditure, disallowed the reduction of operating profits by income from a patent infringement settlement, partially allowed the weighted deduction claim for registering patents outside India, directed the allowance of deductions not considered under S.35(2AB), upheld the pending claim for deduction under S.10B, accepted the allocation of corporate overhead expenses affecting S.10B deduction, and allowed depreciation on non-compete fees paid to Sudhir Vaid. en-us Wed, 10 Dec 2014 00:00:00 +0530 Mon, 08 Aug 2022 10:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=176776 The assessee's appeal was partly allowed, and the Revenue's appeal was dismissed. The Tribunal upheld the direction to allow ESOP expenditure, disallowed the reduction of operating profits by income from a patent infringement settlement, partially allowed the weighted deduction claim for registering patents outside India, directed the allowance of deductions not considered under S.35(2AB), upheld the pending claim for deduction under S.10B, accepted the allocation of corporate overhead expenses affecting S.10B deduction, and allowed depreciation on non-compete fees paid to Sudhir Vaid. Case-Laws Income Tax Wed, 10 Dec 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=176776