https://www.taxtmi.com/caselaws?id=434697 The Tribunal partly allowed the appeal, upholding the capital nature of the expenditure for acquiring customer contracts and rejecting the reduction in value of customer contracts and goodwill. It emphasized the significance of expert valuation reports and criticized arbitrary adjustments made by authorities without valid grounds. en-us Tue, 31 Jan 2023 00:00:00 +0530 Thu, 02 Mar 2023 08:16:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=434697 The Tribunal partly allowed the appeal, upholding the capital nature of the expenditure for acquiring customer contracts and rejecting the reduction in value of customer contracts and goodwill. It emphasized the significance of expert valuation reports and criticized arbitrary adjustments made by authorities without valid grounds. Case-Laws Income Tax Tue, 31 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=434697