https://www.taxtmi.com/caselaws?id=178440 The Tribunal allowed the appeals in part, directing the AO to allow depreciation on exchange difference treated as capital expenditure, permit deduction for late deposit to superannuation fund, and treat license fee as revenue expenditure. The disallowance of notional interest on advances to subsidiaries was deleted, and the classification of interest income was remanded for further examination. The Tribunal's decision was pronounced on 03-08-2012. en-us Fri, 03 Aug 2012 00:00:00 +0530 Fri, 22 Sep 2017 09:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178440 The Tribunal allowed the appeals in part, directing the AO to allow depreciation on exchange difference treated as capital expenditure, permit deduction for late deposit to superannuation fund, and treat license fee as revenue expenditure. The disallowance of notional interest on advances to subsidiaries was deleted, and the classification of interest income was remanded for further examination. The Tribunal's decision was pronounced on 03-08-2012. Case-Laws Income Tax Fri, 03 Aug 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178440