https://www.taxtmi.com/caselaws?id=183006 The Tribunal upheld the CIT(A)'s decisions on various tax issues, including the deduction of lump sum know-how fees under Section 37(1) as capital expenditure, exclusion of certain interest incomes for Section 80HHC relief, disallowance of gross interest paid on income-tax, restriction of depreciation on assets used for less than 180 days, and denial of deduction under Section 80M for dividends from UTI. The appeal was partly allowed, clarifying the treatment of technical know-how fees and other tax computations. en-us Fri, 10 Apr 2015 00:00:00 +0530 Thu, 26 May 2016 08:41:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=183006 The Tribunal upheld the CIT(A)'s decisions on various tax issues, including the deduction of lump sum know-how fees under Section 37(1) as capital expenditure, exclusion of certain interest incomes for Section 80HHC relief, disallowance of gross interest paid on income-tax, restriction of depreciation on assets used for less than 180 days, and denial of deduction under Section 80M for dividends from UTI. The appeal was partly allowed, clarifying the treatment of technical know-how fees and other tax computations. Case-Laws Income Tax Fri, 10 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=183006