https://www.taxtmi.com/caselaws?id=463155 The ITAT Kolkata allowed the assessee's claim for deduction related to amounts received under the GSU agreement, despite the claim not being made in the original return or a revised return under section 139(5). The tribunal relied on its earlier decision for the preceding assessment year and accepted that the services did not "make available" any technical knowledge or skill, referencing the Supreme Court ruling in Goetz India Ltd. The bench followed precedent set in Howrah Mills Co. Ltd., where a similar claim raised during assessment proceedings was allowed. Consequently, the AO was directed to accept the revised claim, and the assessee's grounds were allowed. en-us Wed, 15 Mar 2023 00:00:00 +0530 Fri, 08 Aug 2025 20:58:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=463155 The ITAT Kolkata allowed the assessee's claim for deduction related to amounts received under the GSU agreement, despite the claim not being made in the original return or a revised return under section 139(5). The tribunal relied on its earlier decision for the preceding assessment year and accepted that the services did not "make available" any technical knowledge or skill, referencing the Supreme Court ruling in Goetz India Ltd. The bench followed precedent set in Howrah Mills Co. Ltd., where a similar claim raised during assessment proceedings was allowed. Consequently, the AO was directed to accept the revised claim, and the assessee's grounds were allowed. Case-Laws Income Tax Wed, 15 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=463155