https://www.taxtmi.com/caselaws?id=345087 The Tribunal upheld the decision of the Ld. CIT(A) regarding the disallowance of Technical Fees as revenue expenditure, emphasizing the revenue nature of the payment. However, the Tribunal referred the disallowance under section 14A back to the AO for reevaluation, as further examination of the calculations was deemed necessary based on the law laid down by the Delhi High Court. The appeal of the Revenue was partly allowed for statistical purposes. en-us Tue, 13 Dec 2016 00:00:00 +0530 Fri, 07 Jul 2017 11:30:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=345087 The Tribunal upheld the decision of the Ld. CIT(A) regarding the disallowance of Technical Fees as revenue expenditure, emphasizing the revenue nature of the payment. However, the Tribunal referred the disallowance under section 14A back to the AO for reevaluation, as further examination of the calculations was deemed necessary based on the law laid down by the Delhi High Court. The appeal of the Revenue was partly allowed for statistical purposes. Case-Laws Income Tax Tue, 13 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=345087