https://www.taxtmi.com/caselaws?id=328717 The Tribunal remanded the issues back to the Assessing Officer for reconsideration and re-valuation. The disallowance of depreciation on non-compete fee, cost of production of TV serials, and the depreciation rate on Film Software Library were all subject to review to ensure alignment with decisions in related cases and proper examination of genuineness and necessity. The Tribunal allowed the appeal for statistical purposes, directing a thorough re-evaluation of the disputed matters. en-us Fri, 13 May 2016 00:00:00 +0530 Wed, 08 Jun 2016 10:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=328717 The Tribunal remanded the issues back to the Assessing Officer for reconsideration and re-valuation. The disallowance of depreciation on non-compete fee, cost of production of TV serials, and the depreciation rate on Film Software Library were all subject to review to ensure alignment with decisions in related cases and proper examination of genuineness and necessity. The Tribunal allowed the appeal for statistical purposes, directing a thorough re-evaluation of the disputed matters. Case-Laws Income Tax Fri, 13 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=328717