https://www.taxtmi.com/caselaws?id=351019 The Tribunal partially allowed the appellant's appeals for statistical purposes, remanding certain issues back to the Assessing Officer for further examination and granting the appellant an opportunity for a hearing. The disallowance of expenditure as a business loss was partly allowed, with the Tribunal noting that technical know-how fees and deferred revenue expenditure were not adequately examined. The treatment of capital expenditure as part of the block of assets for depreciation was upheld, with the Tribunal emphasizing that the assets were not utilized for business purposes. en-us Wed, 02 Aug 2017 00:00:00 +0530 Fri, 17 Nov 2017 08:35:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=351019 The Tribunal partially allowed the appellant's appeals for statistical purposes, remanding certain issues back to the Assessing Officer for further examination and granting the appellant an opportunity for a hearing. The disallowance of expenditure as a business loss was partly allowed, with the Tribunal noting that technical know-how fees and deferred revenue expenditure were not adequately examined. The treatment of capital expenditure as part of the block of assets for depreciation was upheld, with the Tribunal emphasizing that the assets were not utilized for business purposes. Case-Laws Income Tax Wed, 02 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=351019