https://www.taxtmi.com/caselaws?id=376240 The ITAT Hyderabad allowed the assessee's appeal partially, directing the AO to permit depreciation on the "Network Rights" as depreciation is allowable on goodwill. The issue of disallowance of expenditure towards technical and management services was remitted back to the AO for verification, with directions to allow the expenditure if found to be for the business purposes of the assessee. en-us Wed, 27 Feb 2019 00:00:00 +0530 Tue, 05 Mar 2019 07:42:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=376240 The ITAT Hyderabad allowed the assessee's appeal partially, directing the AO to permit depreciation on the "Network Rights" as depreciation is allowable on goodwill. The issue of disallowance of expenditure towards technical and management services was remitted back to the AO for verification, with directions to allow the expenditure if found to be for the business purposes of the assessee. Case-Laws Income Tax Wed, 27 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=376240