https://www.taxtmi.com/caselaws?id=370211 Depreciation on capitalised market research expenses was claimed on the basis that the claim had been allowed in the preceding year. The Dispute Resolution Panel had already directed the Assessing Officer to grant depreciation after necessary verification, but the assessment order did not implement that direction. The matter was therefore restored to the Assessing Officer for verification and for giving effect to the Dispute Resolution Panel's instructions to allow depreciation on the market research expenses. en-us Fri, 09 Nov 2018 00:00:00 +0530 Tue, 13 Nov 2018 07:49:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=370211 Depreciation on capitalised market research expenses was claimed on the basis that the claim had been allowed in the preceding year. The Dispute Resolution Panel had already directed the Assessing Officer to grant depreciation after necessary verification, but the assessment order did not implement that direction. The matter was therefore restored to the Assessing Officer for verification and for giving effect to the Dispute Resolution Panel's instructions to allow depreciation on the market research expenses. Case-Laws Income Tax Fri, 09 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=370211