https://www.taxtmi.com/highlights?id=100212 The article discusses tribunal treatment of several business deduction issues: obsolete software licences were written off as no longer relevant to business use, so the write-off was accepted; section 80G deduction was allowed where donations were made by cheque or RTGS and receipts were supported despite technical defects; an ad hoc disallowance of trade payables was rejected because creditor details and payments were evidenced; bank guarantee charges were treated as revenue expenditure incurred for business purposes; royalty and technical service fees relating to international transactions were assessed through transfer pricing procedures; and a warranty provision was accepted as deductible when based on a scientific estimate and contractual obligation. en-us Thu, 28 May 2026 08:21:38 +0530 Thu, 28 May 2026 08:21:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=100212 The article discusses tribunal treatment of several business deduction issues: obsolete software licences were written off as no longer relevant to business use, so the write-off was accepted; section 80G deduction was allowed where donations were made by cheque or RTGS and receipts were supported despite technical defects; an ad hoc disallowance of trade payables was rejected because creditor details and payments were evidenced; bank guarantee charges were treated as revenue expenditure incurred for business purposes; royalty and technical service fees relating to international transactions were assessed through transfer pricing procedures; and a warranty provision was accepted as deductible when based on a scientific estimate and contractual obligation. Highlights Income Tax Thu, 28 May 2026 08:21:38 +0530 https://www.taxtmi.com/highlights?id=100212