https://www.taxtmi.com/caselaws?id=794409 Depreciation on non-compete fee was treated as following the assessee's earlier year position, and the direction to give consequential effect was upheld as consistent with the prior remand. Production cost of TV serials and programmes was also accepted as revenue expenditure, with the Revenue's reliance on Rule 9A and Rule 9B rejected in view of the settled view in earlier orders and the need for consistency on identical facts. The alleged short recognition of subscription revenue, however, required fresh verification because the figures had been accepted on an assumption without checking the actual records. That issue was remanded for factual examination and decision on supporting evidence. en-us Tue, 30 Jun 2026 00:00:00 +0530 Sat, 04 Jul 2026 08:15:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=794409 Depreciation on non-compete fee was treated as following the assessee's earlier year position, and the direction to give consequential effect was upheld as consistent with the prior remand. Production cost of TV serials and programmes was also accepted as revenue expenditure, with the Revenue's reliance on Rule 9A and Rule 9B rejected in view of the settled view in earlier orders and the need for consistency on identical facts. The alleged short recognition of subscription revenue, however, required fresh verification because the figures had been accepted on an assumption without checking the actual records. That issue was remanded for factual examination and decision on supporting evidence. Case-Laws Income Tax Tue, 30 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=794409