S. 37(1) : Business expenditure-Capitalised in the books of account as work in progress-Revised return claiming as allowable revenue expenditure -Held to be allowable. [S. 145]

S. 37(1) : Business expenditure –Brand building – Advertisement expenses- Held to be revenue expenditure.

S. 36(1)(vii) : Bad Debt — Write-off in books of account sufficient compliance, no further requirement to prove debt has become bad.

S. 36(1)(iv) : Contribution to recognized provident fund– Amalgamated company -Matter remanded. [S. 37(1)]

S. 32 : Depreciation-Pollution control equipment–Failure of the authorities to examine the nature of equipment–Matter remanded.

S. 28(i) : Business Loss — Write off of stores and parts -Imported goods were lying in custody of port authorities in bonded warehouse- Relinquishing its right and title to goods- Goods lost their life for use in its business-loss is incidental to business and allowable as business loss. [S. 37(1)]

S. 22 : Income from house property – letting out of its permanent structured on regular basis is assessable as income from house property – Receipt of license fee for use of craft stalls organized with object of promoting tourism, is taxable as business income. [S. 28(i)]

S. 10B : Export oriented undertakings -Delay of one month in uploading the return-System was affected by virus -Reasonable cause – Exemption cannot be denied. [S. 139(1)]

S. 10(23C) : Educational institution-Delay in disposal of application-Exemption cannot be denied for the AY. 2016-17 [S.10(23C)(vi)]

S. 9(1)(vii) : Income deemed to accrue or arise in India – Fees for technical services -Fees for Services received by UAE Company from Indian company was business income in hands of said company as per DTAA between India and UAE and in absence of any PE of any said company in India, business income could not be taxed in India-DTAA-India-UAE. [Art. 5, 7, 12]