https://www.taxtmi.com/caselaws?id=295636 The High Court upheld the decision of the Income Tax Appellate Tribunal, dismissing the Revenue's appeal regarding the disallowance of a portion of license fees paid by the Assessee-Company for telecommunication services. The Court found the Tribunal's decision consistent with previous rulings and not erroneous, noting that the issue had been settled in favor of the Assessee in a previous case. The Court declined to admit the appeal, as the matter was conclusively settled in favor of the Assessee based on existing facts and legal precedents. en-us Mon, 11 Apr 2016 00:00:00 +0530 Sat, 12 Jun 2021 08:44:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=295636 The High Court upheld the decision of the Income Tax Appellate Tribunal, dismissing the Revenue's appeal regarding the disallowance of a portion of license fees paid by the Assessee-Company for telecommunication services. The Court found the Tribunal's decision consistent with previous rulings and not erroneous, noting that the issue had been settled in favor of the Assessee in a previous case. The Court declined to admit the appeal, as the matter was conclusively settled in favor of the Assessee based on existing facts and legal precedents. Case-Laws Income Tax Mon, 11 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=295636