https://www.taxtmi.com/caselaws?id=182962 Bad-debt provisions require examination of the actual write-off in the accounts; the deduction issue was returned for fresh determination, with subsequent recovery taxable where applicable. Dividend from UTI units was treated differently from share dividends, so the exemption claim and most section 80HHC adjustments failed; possible double exclusion of rent required limited verification. Lump-sum technical know-how consideration fell under the specific amortisation regime in section 35AB rather than the general deduction provision in section 37(1), and was allowable on that basis. Exchange fluctuation loss connected with the technical know-how liability required recomputation after verification. The overall result combined relief on technical know-how and remanded issues with rejection of the main dividend and section 80HHC claims. en-us Fri, 11 Dec 2015 00:00:00 +0530 Wed, 25 May 2016 10:07:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=182962 Bad-debt provisions require examination of the actual write-off in the accounts; the deduction issue was returned for fresh determination, with subsequent recovery taxable where applicable. Dividend from UTI units was treated differently from share dividends, so the exemption claim and most section 80HHC adjustments failed; possible double exclusion of rent required limited verification. Lump-sum technical know-how consideration fell under the specific amortisation regime in section 35AB rather than the general deduction provision in section 37(1), and was allowable on that basis. Exchange fluctuation loss connected with the technical know-how liability required recomputation after verification. The overall result combined relief on technical know-how and remanded issues with rejection of the main dividend and section 80HHC claims. Case-Laws Income Tax Fri, 11 Dec 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=182962