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2015 (2) TMI 1262 - HC - Income TaxAllowing depreciation on royalty - claim of the Assessee Company of a deduction u/s. 35(1)(iv) on account of capital expenditure incurred by the Assessee Company towards cost of construction of a building used for research and development - ITAT allowing the claim - Held that:- Identical issues were raised by the Revenue for the Assessment Year 2005-06 [2013 (2) TMI 843 - BOMBAY HIGH COURT] and this Court dismissed the Revenue's Appeal in the Respondent-Assessee's own case. Addition on account of outstanding creditors u/s. 41(1) - Held that:- Tribunal was justified in deleting the addition as following its order in Respondent-Assessee's own case for Assessment Year 2005-06.
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