https://www.taxtmi.com/caselaws?id=304741 The High Court allowed the amendment of the substantial question of law figure and dismissed the appeal challenging the Income Tax Appellate Tribunal's order. The court ruled that the revenue share of license fees was a deductible expenditure and disallowed the interest expenditure on an interest-free loan to a subsidiary. Citing previous judgments against the Revenue on similar issues, the court found no new substantial question of law, leading to the dismissal of the appeal. en-us Mon, 13 Jan 2020 00:00:00 +0530 Tue, 18 Oct 2022 21:28:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=304741 The High Court allowed the amendment of the substantial question of law figure and dismissed the appeal challenging the Income Tax Appellate Tribunal's order. The court ruled that the revenue share of license fees was a deductible expenditure and disallowed the interest expenditure on an interest-free loan to a subsidiary. Citing previous judgments against the Revenue on similar issues, the court found no new substantial question of law, leading to the dismissal of the appeal. Case-Laws Income Tax Mon, 13 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=304741