https://www.taxtmi.com/caselaws?id=293328 The Tribunal dismissed the revenue's appeal, affirming the CIT (A)'s decision in favor of the assessee. It upheld the deletion of franchisee fees addition, allowed depreciation claims despite prior capital expenditure, and supported the set off and carry forward of losses. The Tribunal relied on precedent and jurisdictional High Court rulings to substantiate its conclusions. en-us Wed, 29 Nov 2017 00:00:00 +0530 Wed, 13 Nov 2024 11:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=293328 The Tribunal dismissed the revenue's appeal, affirming the CIT (A)'s decision in favor of the assessee. It upheld the deletion of franchisee fees addition, allowed depreciation claims despite prior capital expenditure, and supported the set off and carry forward of losses. The Tribunal relied on precedent and jurisdictional High Court rulings to substantiate its conclusions. Case-Laws Income Tax Wed, 29 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=293328