https://www.taxtmi.com/caselaws?id=345494 Internet and leased line charges were treated as communication expenses, not fees for technical services, so section 40(a)(ia) disallowance did not apply. A liability write-back relating to interior work required verification because section 41(1) operates only where the underlying amount had earlier been allowed as a deduction; the matter was remanded for limited factual examination. Depreciation on purchased intellectual property rights could not be disallowed under section 40(a)(ia) merely because the payment was characterised as royalty, as statutory depreciation on a capitalised asset is not deductible expenditure under that provision. en-us Tue, 29 Nov 2016 00:00:00 +0530 Wed, 19 Jul 2017 13:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=345494 Internet and leased line charges were treated as communication expenses, not fees for technical services, so section 40(a)(ia) disallowance did not apply. A liability write-back relating to interior work required verification because section 41(1) operates only where the underlying amount had earlier been allowed as a deduction; the matter was remanded for limited factual examination. Depreciation on purchased intellectual property rights could not be disallowed under section 40(a)(ia) merely because the payment was characterised as royalty, as statutory depreciation on a capitalised asset is not deductible expenditure under that provision. Case-Laws Income Tax Tue, 29 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=345494