https://www.taxtmi.com/caselaws?id=55561 The tribunal ruled in favor of the assessee, classifying the license premium as business income eligible for deduction under section 80HHC. The disallowance of Rs. 15,000 for residential telephone expenses was upheld, while the disallowance for office telephone expenses was deemed improper. The tribunal dismissed the appeal regarding interest charged under section 234B but directed the AO to recalculate it. en-us Fri, 07 Aug 1998 00:00:00 +0530 Sat, 27 Nov 2010 17:01:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=55561 The tribunal ruled in favor of the assessee, classifying the license premium as business income eligible for deduction under section 80HHC. The disallowance of Rs. 15,000 for residential telephone expenses was upheld, while the disallowance for office telephone expenses was deemed improper. The tribunal dismissed the appeal regarding interest charged under section 234B but directed the AO to recalculate it. Case-Laws Income Tax Fri, 07 Aug 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=55561