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2017 (9) TMI 1650 - AT - Income TaxDisallowance of the claim of provision for doubtful debt and provision for doubtful advances - Whether it is just provision and not admissible as expenses - Held that:- In the consent of the parties, the matter is remitted back to the file of the AO for fresh adjudication in the light of decision in the case of CIT vs. Vodafone Essar Gujarat Ltd [2017 (9) TMI 51 - GUJARAT HIGH COURT]. Depreciation on the goodwill - Held that:- We uphold the grievance of the assessee and direct the Assessing Officer to allow the claim of depreciation on ‘goodwill’ acquired by the assessee referring to SMIFS Securities Limited case [2012 (8) TMI 713 - SUPREME COURT]
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