https://www.taxtmi.com/caselaws?id=780315 ITAT DELHI - AT largely upheld the assessee. It reversed transfer-pricing upward adjustments for brand/royalty payments, directing deletion of the TPO/AO adjustment. Depreciation/amortization on 3G spectrum and denial of telecom penalty were allowed following group precedents. Asset restoration costs were held allowable under s.37 in line with HC ruling. Capitalization of IBM finance-lease payments was treated as revenue expenditure. Capitalization of certain license/royalty items and WPC expenses were allowed. Miscellaneous written-off expenses for book-profit computation under s.115JB were permitted. The assessee's challenge to liabilities written back was dismissed. en-us Fri, 24 Oct 2025 00:00:00 +0530 Tue, 28 Oct 2025 08:33:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=780315 ITAT DELHI - AT largely upheld the assessee. It reversed transfer-pricing upward adjustments for brand/royalty payments, directing deletion of the TPO/AO adjustment. Depreciation/amortization on 3G spectrum and denial of telecom penalty were allowed following group precedents. Asset restoration costs were held allowable under s.37 in line with HC ruling. Capitalization of IBM finance-lease payments was treated as revenue expenditure. Capitalization of certain license/royalty items and WPC expenses were allowed. Miscellaneous written-off expenses for book-profit computation under s.115JB were permitted. The assessee's challenge to liabilities written back was dismissed. Case-Laws Income Tax Fri, 24 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=780315