https://www.taxtmi.com/caselaws?id=470297 Before Rule 6(7A) was amended with effect from 1 July 2016, absence of DSIR certification in Form 3CL did not by itself defeat weighted deduction for an approved in-house research and development facility. Eligibility depended on the DSIR agreement, Form 3CM recognition and audited separate accounts in Form 3CLA; the claims required verification because Form 3CM was first produced before the Tribunal. Non-compete payments securing distribution networks and territorial business rights created an enduring commercial advantage, making them capital expenditure rather than revenue outgo, but the resulting intangible business or commercial rights qualified for depreciation. Solar-plant depreciation required verification of evidence showing installation, synchronization, generation and supply of electricity. en-us Wed, 19 Mar 2025 00:00:00 +0530 Wed, 22 Jul 2026 20:59:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=470297 Before Rule 6(7A) was amended with effect from 1 July 2016, absence of DSIR certification in Form 3CL did not by itself defeat weighted deduction for an approved in-house research and development facility. Eligibility depended on the DSIR agreement, Form 3CM recognition and audited separate accounts in Form 3CLA; the claims required verification because Form 3CM was first produced before the Tribunal. Non-compete payments securing distribution networks and territorial business rights created an enduring commercial advantage, making them capital expenditure rather than revenue outgo, but the resulting intangible business or commercial rights qualified for depreciation. Solar-plant depreciation required verification of evidence showing installation, synchronization, generation and supply of electricity. Case-Laws Income Tax Wed, 19 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470297