https://www.taxtmi.com/caselaws?id=400940 The Tribunal partly allowed the assessee's appeal for statistical purposes, dismissing the Revenue's appeal. The non-compete fee was disallowed as capital expenditure, 1/5th of service charges disallowed subject to providing details, excise duty exemption grounds were not pressed, and share premium amount was not included in book profit for MAT purposes. The Tribunal upheld the decisions of the lower authorities on these issues. en-us Mon, 19 Oct 2020 00:00:00 +0530 Mon, 23 Nov 2020 14:24:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=400940 The Tribunal partly allowed the assessee's appeal for statistical purposes, dismissing the Revenue's appeal. The non-compete fee was disallowed as capital expenditure, 1/5th of service charges disallowed subject to providing details, excise duty exemption grounds were not pressed, and share premium amount was not included in book profit for MAT purposes. The Tribunal upheld the decisions of the lower authorities on these issues. Case-Laws Income Tax Mon, 19 Oct 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=400940