https://www.taxtmi.com/caselaws?id=189376 The court condoned the delay in re-filing the appeal due to the significance of the issues and lack of objection from the Assessee's counsel. The treatment of royalty as revenue expenditure was ruled in favor of the Assessee based on previous favorable decisions. Disallowance under Section 14A was directed to be reworked in line with precedent, benefiting the Assessee. The court declined to frame questions on provision for warranty treatment and export commission addition, supporting the Assessee's position. The court found the model fee reasonability and allowability issue in favor of the Assessee, relying on factual analysis and past decisions. en-us Thu, 14 Jan 2016 00:00:00 +0530 Sat, 07 Jan 2017 10:08:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=189376 The court condoned the delay in re-filing the appeal due to the significance of the issues and lack of objection from the Assessee's counsel. The treatment of royalty as revenue expenditure was ruled in favor of the Assessee based on previous favorable decisions. Disallowance under Section 14A was directed to be reworked in line with precedent, benefiting the Assessee. The court declined to frame questions on provision for warranty treatment and export commission addition, supporting the Assessee's position. The court found the model fee reasonability and allowability issue in favor of the Assessee, relying on factual analysis and past decisions. Case-Laws Income Tax Thu, 14 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=189376