https://www.taxtmi.com/caselaws?id=191848 The Tribunal partly allowed the appeal, providing specific directions for fresh adjudication and verification of various claims and disallowances by the Assessing Officer and DRP. Notably, depreciation on a non-compete fee was allowed as an intangible asset, interest disallowances were deleted, and adjustments were directed for CENVAT credit in stock valuation. The Tribunal also dismissed certain claims, such as bad debt deduction and deduction under Section 80HHHC. Transfer pricing adjustments were made, and unresolved issues were remitted for further consideration. en-us Fri, 16 Dec 2016 00:00:00 +0530 Mon, 10 Jun 2019 15:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=191848 The Tribunal partly allowed the appeal, providing specific directions for fresh adjudication and verification of various claims and disallowances by the Assessing Officer and DRP. Notably, depreciation on a non-compete fee was allowed as an intangible asset, interest disallowances were deleted, and adjustments were directed for CENVAT credit in stock valuation. The Tribunal also dismissed certain claims, such as bad debt deduction and deduction under Section 80HHHC. Transfer pricing adjustments were made, and unresolved issues were remitted for further consideration. Case-Laws Income Tax Fri, 16 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=191848