https://www.taxtmi.com/caselaws?id=33590 Section 43B was applied to the unpaid bottling fee issue, with the same reasoning as in connected earlier years leading to treatment in favour of the assessee. Depreciation on research and development assets of a closed unit was not denied merely for non-use in the relevant year, and the related R&D expenditure disallowance under section 35(1)(iv) was left undisturbed. Technical service charges under the subsequent agreement were held deductible as business expenditure because the arrangement was found, on the facts, to reflect commercial expediency and not a tax-avoidance device. The concurrent findings on these matters were not interfered with. en-us Fri, 08 May 2009 00:00:00 +0530 Tue, 28 Jul 2009 08:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=33590 Section 43B was applied to the unpaid bottling fee issue, with the same reasoning as in connected earlier years leading to treatment in favour of the assessee. Depreciation on research and development assets of a closed unit was not denied merely for non-use in the relevant year, and the related R&D expenditure disallowance under section 35(1)(iv) was left undisturbed. Technical service charges under the subsequent agreement were held deductible as business expenditure because the arrangement was found, on the facts, to reflect commercial expediency and not a tax-avoidance device. The concurrent findings on these matters were not interfered with. Case-Laws Income Tax Fri, 08 May 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=33590