https://www.taxtmi.com/caselaws?id=792060 Compensatory interest paid for delayed licence and migration fee was treated as revenue expenditure because it did not create a new asset or enduring advantage. Section 14A read with Rule 8D was held inapplicable where no exempt income was earned during the year. A CSR-related payment to an institution approved under section 80G was regarded as eligible for deduction under Chapter VIA, with no statutory bar merely because the payment satisfied a CSR obligation. Depreciation was also allowed on an intangible asset representing acquired workforce under a genuine slump sale, as such business or commercial rights were held to fall within section 32(1)(ii). en-us Mon, 18 May 2026 00:00:00 +0530 Wed, 20 May 2026 12:51:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=792060 Compensatory interest paid for delayed licence and migration fee was treated as revenue expenditure because it did not create a new asset or enduring advantage. Section 14A read with Rule 8D was held inapplicable where no exempt income was earned during the year. A CSR-related payment to an institution approved under section 80G was regarded as eligible for deduction under Chapter VIA, with no statutory bar merely because the payment satisfied a CSR obligation. Depreciation was also allowed on an intangible asset representing acquired workforce under a genuine slump sale, as such business or commercial rights were held to fall within section 32(1)(ii). Case-Laws Income Tax Mon, 18 May 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=792060