https://www.taxtmi.com/caselaws?id=377649 The appeal for A.Y. 2007-08 was dismissed, while the appeal for A.Y. 2010-11 was partly allowed for statistical purposes. Key issues, including the treatment of a grant as business receipt and partner's remuneration, were remanded back to the Assessing Officer for fresh consideration. The disallowance of various expenditures, such as PWC Global Service Charges and software license fees, was overturned based on consistent treatment in previous years and judicial precedents. The Tribunal upheld decisions made by the CIT(Appeals) in favor of the taxpayer in several instances. en-us Fri, 08 Mar 2019 00:00:00 +0530 Mon, 01 Apr 2019 16:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=377649 The appeal for A.Y. 2007-08 was dismissed, while the appeal for A.Y. 2010-11 was partly allowed for statistical purposes. Key issues, including the treatment of a grant as business receipt and partner's remuneration, were remanded back to the Assessing Officer for fresh consideration. The disallowance of various expenditures, such as PWC Global Service Charges and software license fees, was overturned based on consistent treatment in previous years and judicial precedents. The Tribunal upheld decisions made by the CIT(Appeals) in favor of the taxpayer in several instances. Case-Laws Income Tax Fri, 08 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=377649