https://www.taxtmi.com/caselaws?id=421138 The Tribunal allowed the appeal in favor of the assessee on all grounds, directing the Ld. AO to treat the royalty payments as revenue expenditure, allow higher depreciation on motor vehicles, delete the disallowance of miscellaneous expenses, and verify the applicability of Section 43B to the unpaid service tax liability. en-us Mon, 04 Apr 2022 00:00:00 +0530 Sat, 16 Apr 2022 08:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=421138 The Tribunal allowed the appeal in favor of the assessee on all grounds, directing the Ld. AO to treat the royalty payments as revenue expenditure, allow higher depreciation on motor vehicles, delete the disallowance of miscellaneous expenses, and verify the applicability of Section 43B to the unpaid service tax liability. Case-Laws Income Tax Mon, 04 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=421138