https://www.taxtmi.com/caselaws?id=327549 The Tribunal upheld the CIT(A)'s decisions on all grounds, dismissing the Revenue's appeal. The Assessee's claims for depreciation on non-compete fees, reduction from stock, foreign travel expenses, certain expenses considered capital, and disallowance under section 40(a)(ia) were allowed based on existing case law and lack of contrary evidence from the Revenue. The order was pronounced on 06/04/2016. en-us Wed, 06 Apr 2016 00:00:00 +0530 Fri, 13 May 2016 08:59:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=327549 The Tribunal upheld the CIT(A)'s decisions on all grounds, dismissing the Revenue's appeal. The Assessee's claims for depreciation on non-compete fees, reduction from stock, foreign travel expenses, certain expenses considered capital, and disallowance under section 40(a)(ia) were allowed based on existing case law and lack of contrary evidence from the Revenue. The order was pronounced on 06/04/2016. Case-Laws Income Tax Wed, 06 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=327549