https://www.taxtmi.com/caselaws?id=182764 The Tribunal dismissed the Revenue's appeals for Assessment Years 2005-06 and 2006-07, upholding the CIT(A)'s decisions on various grounds including the allowability of contributions to Bata Workers Sickness Benefit Society, depreciation on river embankment, treatment of royalty payment, and deletion of addition for delayed payment of Employees' contribution to P.F. and ESIC. The Tribunal found in favor of the assessee in each issue, directing the AO to allow the royalty payment as a revenue expenditure and confirming the deletion of addition for delayed payments. en-us Thu, 23 May 2013 00:00:00 +0530 Fri, 10 Mar 2023 18:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=182764 The Tribunal dismissed the Revenue's appeals for Assessment Years 2005-06 and 2006-07, upholding the CIT(A)'s decisions on various grounds including the allowability of contributions to Bata Workers Sickness Benefit Society, depreciation on river embankment, treatment of royalty payment, and deletion of addition for delayed payment of Employees' contribution to P.F. and ESIC. The Tribunal found in favor of the assessee in each issue, directing the AO to allow the royalty payment as a revenue expenditure and confirming the deletion of addition for delayed payments. Case-Laws Income Tax Thu, 23 May 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=182764