https://www.taxtmi.com/caselaws?id=188181 The appeal challenged the Tribunal's order for the assessment year 2006-07 regarding depreciation on the amount paid for acquiring clientele, disallowance of expenditure for non-deduction of tax at source on data charges, and the applicability of section 2(22)(e) of the Income-tax Act. The court ruled in favor of the respondent-assessee, allowing depreciation on the amount paid for acquiring clientele and rejecting the Revenue's contentions on the other issues based on the findings of the Commissioner of Income-tax (Appeals) and the Tribunal. en-us Mon, 19 Oct 2015 00:00:00 +0530 Mon, 21 Nov 2016 14:32:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=188181 The appeal challenged the Tribunal's order for the assessment year 2006-07 regarding depreciation on the amount paid for acquiring clientele, disallowance of expenditure for non-deduction of tax at source on data charges, and the applicability of section 2(22)(e) of the Income-tax Act. The court ruled in favor of the respondent-assessee, allowing depreciation on the amount paid for acquiring clientele and rejecting the Revenue's contentions on the other issues based on the findings of the Commissioner of Income-tax (Appeals) and the Tribunal. Case-Laws Income Tax Mon, 19 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=188181