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ITAT Ahmedabad Rules in Favor of Depreciation on Slump Sale Intangibles
Explore the ITAT Ahmedabad ruling on depreciation for slump sale intangibles, interest deductions under Section 36(1)(iii), and advance revenue appeals.
Posted inBlog
ITAT Chennai Rules in Favor of Taxpayer on Section 36(1)(iii) Interest Disallowance
In a recent ruling that provides significant relief to corporate taxpayers, the Chennai bench of the Income Tax Appellate Tribunal (ITAT) has deleted an interest disallowance previously levied under Section…