https://www.taxtmi.com/caselaws?id=788528 Replacement of worn-out dies and moulds forming part of plant and machinery qualifies as current repairs under section 31. Temporary office improvements that create no durable capital asset may qualify for full depreciation. Research and development claims for work-in-progress, entry-tax deductions despite sales-tax set-off, and foreign-agent commission were governed by earlier final decisions on identical facts. Prepayment of deferred sales-tax liability at net present value creates neither remission nor income and remains on capital account. Upfront ECB-processing fees paid to foreign entities are not subject to withholding disallowance where treaty requirements are unmet because technical know-how is not made available to the payer. en-us Mon, 05 Jan 2026 00:00:00 +0530 Tue, 14 Jul 2026 16:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=788528 Replacement of worn-out dies and moulds forming part of plant and machinery qualifies as current repairs under section 31. Temporary office improvements that create no durable capital asset may qualify for full depreciation. Research and development claims for work-in-progress, entry-tax deductions despite sales-tax set-off, and foreign-agent commission were governed by earlier final decisions on identical facts. Prepayment of deferred sales-tax liability at net present value creates neither remission nor income and remains on capital account. Upfront ECB-processing fees paid to foreign entities are not subject to withholding disallowance where treaty requirements are unmet because technical know-how is not made available to the payer. Case-Laws Income Tax Mon, 05 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=788528