https://www.taxtmi.com/caselaws?id=193337 The Tribunal dismissed the Revenue's appeal, upholding the CIT(A)'s decision to delete additions totaling Rs. 68,70,937. The technical fees were deemed revenue expenditure, supported by the tripartite agreement, and the allocation of head office expenses for section 80IB deduction was considered justified and consistent. The reassessment proceedings were deemed unwarranted, and the Revenue's appeal was dismissed entirely. en-us Mon, 03 Oct 2016 00:00:00 +0530 Tue, 25 Jul 2017 07:52:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=193337 The Tribunal dismissed the Revenue's appeal, upholding the CIT(A)'s decision to delete additions totaling Rs. 68,70,937. The technical fees were deemed revenue expenditure, supported by the tripartite agreement, and the allocation of head office expenses for section 80IB deduction was considered justified and consistent. The reassessment proceedings were deemed unwarranted, and the Revenue's appeal was dismissed entirely. Case-Laws Income Tax Mon, 03 Oct 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=193337