https://www.taxtmi.com/caselaws?id=334414 The Tribunal upheld the First Appellate Authority's decision in a tax case involving the treatment of Feng Sui consultancy charges as revenue expenditure, not creating new assets, and the disallowance of professional charges under section 40(a)(i) of the Act due to payments for services rendered outside India not attracting tax liability in India. The Assessing Officer's appeal was dismissed, affirming the FAA's orders. en-us Tue, 20 Sep 2016 00:00:00 +0530 Sun, 13 Nov 2016 22:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=334414 The Tribunal upheld the First Appellate Authority's decision in a tax case involving the treatment of Feng Sui consultancy charges as revenue expenditure, not creating new assets, and the disallowance of professional charges under section 40(a)(i) of the Act due to payments for services rendered outside India not attracting tax liability in India. The Assessing Officer's appeal was dismissed, affirming the FAA's orders. Case-Laws Income Tax Tue, 20 Sep 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=334414