https://www.taxtmi.com/caselaws?id=58200 The Tribunal ruled in favor of the assessee on various issues, directing the Income-tax Appellate Tribunal to modify the assessment in line with the assessee's contentions. The Tribunal allowed deductions for specific expenditures, such as service charges, decoration expenses, and settlement payments, while also permitting depreciation claims and set-off of deficiencies against profits. Additionally, the Tribunal remanded certain matters to the Income-tax Appellate Tribunal for adjustments based on pending Supreme Court decisions. en-us Fri, 02 Jun 1989 00:00:00 +0530 Fri, 17 Dec 2010 17:53:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=58200 The Tribunal ruled in favor of the assessee on various issues, directing the Income-tax Appellate Tribunal to modify the assessment in line with the assessee's contentions. The Tribunal allowed deductions for specific expenditures, such as service charges, decoration expenses, and settlement payments, while also permitting depreciation claims and set-off of deficiencies against profits. Additionally, the Tribunal remanded certain matters to the Income-tax Appellate Tribunal for adjustments based on pending Supreme Court decisions. Case-Laws Income Tax Fri, 02 Jun 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=58200