https://www.taxtmi.com/caselaws?id=769073 ITAT Delhi upheld CIT(A)'s decision restricting disallowance of repairs and maintenance expenses to 10% of total claim, rejecting assessee's appeal on this ground. However, ITAT allowed assessee's appeal regarding royalty expenses, holding that royalty payments were revenue in nature and allowable under section 37, not capital expenditure requiring depreciation treatment. The tribunal noted that after agreement termination, no enduring benefit existed, making royalty payments revenue expenditure. ITAT relied on precedents including EKL Appliances Ltd. and noted revenue's acceptance of similar payments in earlier years, applying res-judicata principles. en-us Wed, 16 Apr 2025 00:00:00 +0530 Fri, 18 Apr 2025 08:38:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=769073 ITAT Delhi upheld CIT(A)'s decision restricting disallowance of repairs and maintenance expenses to 10% of total claim, rejecting assessee's appeal on this ground. However, ITAT allowed assessee's appeal regarding royalty expenses, holding that royalty payments were revenue in nature and allowable under section 37, not capital expenditure requiring depreciation treatment. The tribunal noted that after agreement termination, no enduring benefit existed, making royalty payments revenue expenditure. ITAT relied on precedents including EKL Appliances Ltd. and noted revenue's acceptance of similar payments in earlier years, applying res-judicata principles. Case-Laws Income Tax Wed, 16 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=769073