https://www.taxtmi.com/caselaws?id=281890 The Tribunal dismissed the Revenue's appeal and allowed the Cross Objection of the assessee, confirming the deletion of disallowances related to depreciation on intangible assets and provision for obsolete inventory while treating the registration charges as revenue expenditure. The Tribunal also directed the AO to examine the claim of depreciation on goodwill in light of the Supreme Court's ruling. en-us Tue, 01 Jan 2019 00:00:00 +0530 Thu, 11 Jul 2019 05:49:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=281890 The Tribunal dismissed the Revenue's appeal and allowed the Cross Objection of the assessee, confirming the deletion of disallowances related to depreciation on intangible assets and provision for obsolete inventory while treating the registration charges as revenue expenditure. The Tribunal also directed the AO to examine the claim of depreciation on goodwill in light of the Supreme Court's ruling. Case-Laws Income Tax Tue, 01 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=281890