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2002 (8) TMI 79 - HC - Income TaxDepreciation - Technical Know-how Fees - Investment Allowance - Bad Debt - (i) Whether, on the facts and in the circumstances of the case, the Tribunal was right in law in confirming the order of the Commissioner of Income-tax (Appeals) allowing investment allowance on technical know-how fees when as per the provisions of section 35AB technical know-fee is allowable as revenue expenditure in six yearly equal instalments? - (ii) Whether, on the facts and in the circumstances of the case, the Tribunal was right in law in confirming the order of the Commissioner of Income-tax (Appeals) allowing the assessee's claim in respect of the provision for bad and doubtful debts and interest thereon, even though the same was not written off and no debit was made to the profit and loss account and no credit to the debtors account and the provisions of section 36(1)(vii) were not attracted?"
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