https://www.taxtmi.com/caselaws?id=438953 The Court upheld the Income Tax Appellate Tribunal's decisions regarding the Assessment Year 2013-14. The Tribunal's decision to sustain the deletion of the disallowed license fee was affirmed, as it aligned with prior judgments. The Tribunal's reduction of disallowance under Section 14A was also upheld, supported by legal precedents. Additionally, the Tribunal's decision to allow depreciation on energy-saving and pollution control devices was maintained, as the assets were properly acquired and utilized. The Court concluded that no substantial question of law was present, leading to the dismissal of the appeal. en-us Wed, 17 May 2023 00:00:00 +0530 Wed, 25 Oct 2023 12:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=438953 The Court upheld the Income Tax Appellate Tribunal's decisions regarding the Assessment Year 2013-14. The Tribunal's decision to sustain the deletion of the disallowed license fee was affirmed, as it aligned with prior judgments. The Tribunal's reduction of disallowance under Section 14A was also upheld, supported by legal precedents. Additionally, the Tribunal's decision to allow depreciation on energy-saving and pollution control devices was maintained, as the assets were properly acquired and utilized. The Court concluded that no substantial question of law was present, leading to the dismissal of the appeal. Case-Laws Income Tax Wed, 17 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=438953