non-compete fee — 164 judgments | BharatTax

COROMANDEL INTERNATIONAL LIMITED,HYDERABAD vs. DCIT., CIRCLE-2(2), HYDERABAD

In the result the appeal of the assessee is partly allowed for statistical purposes

ITA 738/HYD/2025[2015-2016]Status: DisposedITAT Hyderabad18 Mar 2026AY 2015-2016

Bench: Shri Vijay Pal Rao & Shri Madhusudan Sawdiaआयकर अपीलसं./I.T.A. No.738/Hyd/2025 ("नधा"रणवष"/ Assessment Year:2015-16) Coromandel International Vs. Dcit, Limited, Circle-2(2), Hyderabad. Hyderabad. Pan: Aaacc7852K (अपीलाथ"/ Appellant) (""यथ"/ Respondent) करदाताका""त"न"ध"व/ : Shri Sp Chidambaram, Advocate Assessee Represented By राज"वका""त"न"ध"व/ : Ms. U. Mini Chandran, Cit-Dr Department Represented By सुनवाईसमा"तहोनेक""त"थ/ : 02/03/2026 Date Of Conclusion Of Hearing घोषणा क" तार"ख/ : 18/03/2026 Date Of Pronouncement Order Per Madhusudan Sawdia, A.M.: This Appeal Is Filed By Coromandel International Limited (“The Assessee”), Feeling Aggrieved By The Order Passed By The Learned Commissioner Of Income Tax (Appeals), National Faceless Appeal Centre (Nfac), Delhi (“Ld. Cit(A)”) Dated 24/02/2025 For The Assessment Year (“A.Y.”) 2015-16. Page 1 Of 17 Coromandel International Limited Vs. Dcit 2. The Assessee Has Raised The Following Grounds Of Appeal:

Section 250Section 32Section 32(1)(ii)Section 35

account of disallowance under section 14A of the Act, while allowing the claim of the assessee on account of depreciation on non-compete fees and depreciation on royalty amounting to Rs.3,74,68,790/- and Rs.75,34,379/- respectively, and assessed the total income of the assessee at Rs.552

DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE 4(2), NEW DELHI, I.P.ESTATE, NEW DELHI vs. BEACON HIGHER EDUCATION SERVICES PRIVATE LIMITED, VASANT KUNJ, NEW DELHI

In the result, the appeal of the assessee is partly allowed

ITA 2574/DEL/2024[2017-18]Status: DisposedITAT Delhi11 Feb 2026AY 2017-18

Bench: Shri Vimal Kumar, Hon’Ble & Mrs. Renu Jauhri, Hon’Ble

For Appellant: Shri Y K Kapur, AdvocateFor Respondent: Shri Jitender Singh, CIT DR

Section 143(3)Section 2Section 250Section 32Section 72A

grossly erred to confirm the disallowed depreciation of Rs. 2,92,67,578/-claimed u/s 32 (1) (ii) on intangible asset i.e. non-compete fee, as per definition u/s 2 (f) without going into the merit of fact of assesse and upheld the AO's addition based on a judicial ... considering the factthat jurisdictional High Court, in the case of Sharp Business Systems Vs. CIT, has held that depreciation is not allowable on non-compete fee. (2) The appellant craves leave for reserving the right to amend, modify, alter, add or forego any ground(s) of appeal at any time

BEACON HIGHER EDUCATION SERVICES PVT LTD,NEW DELHI vs. ACIT CIRCLE-4(2), NEW DELHI

In the result, the appeal of the assessee is partly allowed

ITA 1867/DEL/2020[2016-17]Status: DisposedITAT Delhi11 Feb 2026AY 2016-17

Bench: Shri Vimal Kumar, Hon’Ble & Mrs. Renu Jauhri, Hon’Ble

For Appellant: Shri Y K Kapur, AdvocateFor Respondent: Shri Jitender Singh, CIT DR

Section 143(3)Section 2Section 250Section 32Section 72A

grossly erred to confirm the disallowed depreciation of Rs. 2,92,67,578/-claimed u/s 32 (1) (ii) on intangible asset i.e. non-compete fee, as per definition u/s 2 (f) without going into the merit of fact of assesse and upheld the AO's addition based on a judicial ... considering the factthat jurisdictional High Court, in the case of Sharp Business Systems Vs. CIT, has held that depreciation is not allowable on non-compete fee. (2) The appellant craves leave for reserving the right to amend, modify, alter, add or forego any ground(s) of appeal at any time

INCOMETAX OFFICER, CHENNAI vs. DOOSAN BOBCAT PRIVATE LIMITED, CHENNAI

In the result, the appeal of the Revenue is dismissed and the CO of assessee is dismissed as not-pressed

ITA 2288/CHNY/2025[2013]Status: DisposedITAT Chennai23 Jan 2026

Bench: Shri Aby T. Varkey & Ms. Padmavathy.Sआयकर अपील सं./Ita No.2288/Chny/2025 & C.O No.76/Chny/2025 (Arising In Ita No.2288/Chny/2025) िनधा%रण वष% /Assessment Year: 2013-14 The Income Tax Officer, Doosan Bobcat Pvt. Ltd., Htc Towers, 6Th Floor, Corporate Ward-2(1), Vs. Chennai. No.41, Gst Road, Guindy Industrial Estate S.O., Guindy, Chennai – 600 032. Pan: Aaccd 6529L

For Respondent: Mr. Praveen.S, JCIT

Section 250Section 32Section 32(1)(ii)

assets on which depreciation is claimed by the assessee such as dealer network, vendor relationship, customer data base and relationship, trained employee base, non-compete fee etc. The ld. DR further submitted that these intangibles do not provide any right to the ITA No.2288/Chny/2025 & C.O No.76/Chny/2025 Doosan Bobcat ... Bobcat Pvt. Ltd. :- 11 -: earned. Objective of calculating PLI is to get the best comparability possible. Non inclusion of depreciation on goodwill and non-compete fees in operating expense is nothing but an adjustment to increase the comparability between the two comparable. 11.1 Considering the facts on record and elaborate

PAR FORMULATIONS PRIVATE LIMITED,CHENNAI vs. DCIT, CHENNAI

The appeal of the assessee is allowed for statistical purposes

ITA 1009/CHNY/2017[2012-13]Status: DisposedITAT Chennai23 Jan 2026AY 2012-13

Bench: Shri Aby T. Varkey & Ms. Padmavathy.Sआयकर अपील सं./Ita No.1009/Chny/2017 िनधा%रण वष% /Assessment Year: 2012-13

For Respondent: Mr. ARV Sreenivasan, CIT

Section 143(3)Section 92A

appellant from the Enterprise Value for determining the value of intangibles. 3.2. Incorrectly disallowing INR 3.9 crores, pertaining to the reduction of non-compete fee from the enterprise value for determining the value of intangibles transferred, by making certain assumptions which are contrary to the facts of the case ... Without prejudice to 3.2 above, inadvertently proposing an adjustment of INR 3.9 crores towards non-compete fee as against the value of INR 3.69 crores actually determined by the independent valuation report. 4. The lower authorities erred in imputing an income of INR 16.99 crores based on a purported cost

SPECTRIS TECHNOLOGIES PVT. LTD.,GURGAON vs. ITO, NEW DELHI

In the result, this appeal is partly allowed

ITA 3742/DEL/2015[2009-10]Status: DisposedITAT Delhi07 Jan 2026AY 2009-10

Bench: Shriyogesh Kumar Us & Shrisanjay Awasthiआ.अ.सं/.I.T.A No.3742/Del/2015 िनधा"रणवष"/Assessment Year: 2009-10 बनाम Spectris Technologies P. Ltd. Income Tax Officer, 201-B, Second Floor, Vs. Ward-9(1), Park Centra, Sector-30, New Delhi. Gurgaon. Pan No.Aagcs6654R अपीलाथ" Appellant ""यथ"/Respondent

Section 250Section 92

them as one for the purposes of working out Arm’s Length Price (ALP). The second issue pertains to the treatment given to non-compete fees which has been held to be capital in nature and also the depreciation amounting to Rs.3,75,831/- being disallowed on the same ... Rs.3,75,831/- on account of depreciation on Non- Compete Fee. 5.1 The Hon’ble CIT(A) has erred in disallowing depreciation on Non-Compete Fee holding the same to be capital in nature without appreciating that the appellant has itself treated the same as capital expenditure and thus claimed

RAVI SHROFF,MUMBAI vs. ASSISTANT COMMISSIONER OF INCOME TAX - 25(3), MUMBAI, BANDRA (EAST), MUMBAI

In the result, all remaining ground are allowed with the aforesaid directions

ITA 4186/MUM/2023[2015-16]Status: DisposedITAT Mumbai07 Nov 2025AY 2015-16

Bench: SHRI PAWAN SINGH (Judicial Member), SHRI PRABHASH SHANKAR (Accountant Member)

Section 143(3)Section 234BSection 234CSection 250Section 254(1)Section 28Section 28(1)

respect of applying Rule 11UA for valuation of shares), 1.5. (v) (in respect of arriving at a separate value for non-compete fees), 1.6, 1.7, 1.8 and 19 of the appeal filed before him. 2. On the facts and in the circumstances of the case ... entire consideration received should be treated as capital gains from the transfer of shares, provided that no specific amount was assigned towards the non-compete fee in the agreement. Considering the aforesaid factual and legal discussions, the consideration received by assessee on sale of shares of HCL is not business

DCIT, CIRCLE- 2(1), NEW DELHI vs. AKORN INDIA PVT. LTD., NEW DELHI

ITA 6838/DEL/2018[2014-15]Status: DisposedITAT Delhi28 Oct 2025AY 2014-15

Bench: Shri M Balaganesh & Shri Vimal Kumarआ.अ.सं/.I.T.A No.1743/Del/2017 िनधा"रणवष"/Assessment Year:2012-13 बनाम Akorn India Pvt. Ltd. Dcit, 4Th Floor, Building 9B, Vs. Circle 2(1), Dlf Cyber City, Gurgaon. New Delhi. Pan No.Aajca8290J अपीलाथ" Appellant ""यथ"/Respondent आ.अ.सं/.I.T.A No.2074/Del/2017 िनधा"रणवष"/Assessment Year:2012-13 बनाम Acit, Akorn India Pvt. Ltd. Circle 2(1), Room No.153A, Vs. 1105-1106, Ashoka Estate, C.R. Building, I.P. Estate, Barakhamba Road, New Delhi. New Delhi. Pan No.Aajca8290J अपीलाथ" Appellant ""यथ"/Respondent आ.अ.सं/.I.T.A No.6566/Del/2018 िनधा"रणवष"/Assessment Year:2013-14 बनाम Akorn India Pvt. Ltd. Acit, 4Th Floor, Building 9B, Vs. Circle 2(1), C.R. Building, Dlf Cyber City, Gurgaon. I.P. Estate, New Delhi. Pan No.Aajca8290J अपीलाथ" Appellant ""यथ"/Respondent आ.अ.सं/.I.T.A No.6837/Del/2018 िनधा"रणवष"/Assessment Year:2013-14 बनाम Dcit, Akorn India Pvt. Ltd. Circle 2(1), Room No.153A, Vs. 1105-1106, Ashoka Estate, C.R. Building, I.P. Estate, Barakhamba Road, New Delhi. New Delhi. Pan No.Aajca8290J अपीलाथ" Appellant ""यथ"/Respondent

Section 139(5)Section 50C

claim of depreciation on Goodwill. The Ground Nos. 2 and 2.1. raised by the assessee are challenging the denial of depreciation on Non-Compete Fee paid by the assessee. 5. We have heard the rival submissions and perused the materials available on record. The assessee company was incorporated ... Form 3CD by the assessee, there is no block of intangible assets which include the value of goodwill or amount paid as non-compete fee. 6. The assessee submitted that it had acquired certain business of Kilitch Drug (India) Limited (KDIL) from 28-2-2012 at a net purchase consideration

DCIT, CIRCLE- 2(1), NEW DELHI vs. AKORN INDIA PVT. LTD., NEW DELHI

ITA 6837/DEL/2018[2013-14]Status: DisposedITAT Delhi28 Oct 2025AY 2013-14

Bench: Shri M Balaganesh & Shri Vimal Kumarआ.अ.सं/.I.T.A No.1743/Del/2017 िनधा"रणवष"/Assessment Year:2012-13 बनाम Akorn India Pvt. Ltd. Dcit, 4Th Floor, Building 9B, Vs. Circle 2(1), Dlf Cyber City, Gurgaon. New Delhi. Pan No.Aajca8290J अपीलाथ" Appellant ""यथ"/Respondent आ.अ.सं/.I.T.A No.2074/Del/2017 िनधा"रणवष"/Assessment Year:2012-13 बनाम Acit, Akorn India Pvt. Ltd. Circle 2(1), Room No.153A, Vs. 1105-1106, Ashoka Estate, C.R. Building, I.P. Estate, Barakhamba Road, New Delhi. New Delhi. Pan No.Aajca8290J अपीलाथ" Appellant ""यथ"/Respondent आ.अ.सं/.I.T.A No.6566/Del/2018 िनधा"रणवष"/Assessment Year:2013-14 बनाम Akorn India Pvt. Ltd. Acit, 4Th Floor, Building 9B, Vs. Circle 2(1), C.R. Building, Dlf Cyber City, Gurgaon. I.P. Estate, New Delhi. Pan No.Aajca8290J अपीलाथ" Appellant ""यथ"/Respondent आ.अ.सं/.I.T.A No.6837/Del/2018 िनधा"रणवष"/Assessment Year:2013-14 बनाम Dcit, Akorn India Pvt. Ltd. Circle 2(1), Room No.153A, Vs. 1105-1106, Ashoka Estate, C.R. Building, I.P. Estate, Barakhamba Road, New Delhi. New Delhi. Pan No.Aajca8290J अपीलाथ" Appellant ""यथ"/Respondent

Section 139(5)Section 50C

claim of depreciation on Goodwill. The Ground Nos. 2 and 2.1. raised by the assessee are challenging the denial of depreciation on Non-Compete Fee paid by the assessee. 5. We have heard the rival submissions and perused the materials available on record. The assessee company was incorporated ... Form 3CD by the assessee, there is no block of intangible assets which include the value of goodwill or amount paid as non-compete fee. 6. The assessee submitted that it had acquired certain business of Kilitch Drug (India) Limited (KDIL) from 28-2-2012 at a net purchase consideration

AKORN INDIA PVT. LTD.,,GURGAON vs. ACIT, CIRCLE-2(1), NEW DELHI

ITA 6567/DEL/2018[2014-15]Status: DisposedITAT Delhi28 Oct 2025AY 2014-15

Bench: Shri M Balaganesh & Shri Vimal Kumarआ.अ.सं/.I.T.A No.1743/Del/2017 िनधा"रणवष"/Assessment Year:2012-13 बनाम Akorn India Pvt. Ltd. Dcit, 4Th Floor, Building 9B, Vs. Circle 2(1), Dlf Cyber City, Gurgaon. New Delhi. Pan No.Aajca8290J अपीलाथ" Appellant ""यथ"/Respondent आ.अ.सं/.I.T.A No.2074/Del/2017 िनधा"रणवष"/Assessment Year:2012-13 बनाम Acit, Akorn India Pvt. Ltd. Circle 2(1), Room No.153A, Vs. 1105-1106, Ashoka Estate, C.R. Building, I.P. Estate, Barakhamba Road, New Delhi. New Delhi. Pan No.Aajca8290J अपीलाथ" Appellant ""यथ"/Respondent आ.अ.सं/.I.T.A No.6566/Del/2018 िनधा"रणवष"/Assessment Year:2013-14 बनाम Akorn India Pvt. Ltd. Acit, 4Th Floor, Building 9B, Vs. Circle 2(1), C.R. Building, Dlf Cyber City, Gurgaon. I.P. Estate, New Delhi. Pan No.Aajca8290J अपीलाथ" Appellant ""यथ"/Respondent आ.अ.सं/.I.T.A No.6837/Del/2018 िनधा"रणवष"/Assessment Year:2013-14 बनाम Dcit, Akorn India Pvt. Ltd. Circle 2(1), Room No.153A, Vs. 1105-1106, Ashoka Estate, C.R. Building, I.P. Estate, Barakhamba Road, New Delhi. New Delhi. Pan No.Aajca8290J अपीलाथ" Appellant ""यथ"/Respondent

Section 139(5)Section 50C

claim of depreciation on Goodwill. The Ground Nos. 2 and 2.1. raised by the assessee are challenging the denial of depreciation on Non-Compete Fee paid by the assessee. 5. We have heard the rival submissions and perused the materials available on record. The assessee company was incorporated ... Form 3CD by the assessee, there is no block of intangible assets which include the value of goodwill or amount paid as non-compete fee. 6. The assessee submitted that it had acquired certain business of Kilitch Drug (India) Limited (KDIL) from 28-2-2012 at a net purchase consideration

AKORN INDIA PVT. LTD.,,GURGAON vs. ACIT, CIRCLE-2(1), NEW DELHI

ITA 6566/DEL/2018[2013-14]Status: DisposedITAT Delhi28 Oct 2025AY 2013-14

Bench: Shri M Balaganesh & Shri Vimal Kumarआ.अ.सं/.I.T.A No.1743/Del/2017 िनधा"रणवष"/Assessment Year:2012-13 बनाम Akorn India Pvt. Ltd. Dcit, 4Th Floor, Building 9B, Vs. Circle 2(1), Dlf Cyber City, Gurgaon. New Delhi. Pan No.Aajca8290J अपीलाथ" Appellant ""यथ"/Respondent आ.अ.सं/.I.T.A No.2074/Del/2017 िनधा"रणवष"/Assessment Year:2012-13 बनाम Acit, Akorn India Pvt. Ltd. Circle 2(1), Room No.153A, Vs. 1105-1106, Ashoka Estate, C.R. Building, I.P. Estate, Barakhamba Road, New Delhi. New Delhi. Pan No.Aajca8290J अपीलाथ" Appellant ""यथ"/Respondent आ.अ.सं/.I.T.A No.6566/Del/2018 िनधा"रणवष"/Assessment Year:2013-14 बनाम Akorn India Pvt. Ltd. Acit, 4Th Floor, Building 9B, Vs. Circle 2(1), C.R. Building, Dlf Cyber City, Gurgaon. I.P. Estate, New Delhi. Pan No.Aajca8290J अपीलाथ" Appellant ""यथ"/Respondent आ.अ.सं/.I.T.A No.6837/Del/2018 िनधा"रणवष"/Assessment Year:2013-14 बनाम Dcit, Akorn India Pvt. Ltd. Circle 2(1), Room No.153A, Vs. 1105-1106, Ashoka Estate, C.R. Building, I.P. Estate, Barakhamba Road, New Delhi. New Delhi. Pan No.Aajca8290J अपीलाथ" Appellant ""यथ"/Respondent

Section 139(5)Section 50C

claim of depreciation on Goodwill. The Ground Nos. 2 and 2.1. raised by the assessee are challenging the denial of depreciation on Non-Compete Fee paid by the assessee. 5. We have heard the rival submissions and perused the materials available on record. The assessee company was incorporated ... Form 3CD by the assessee, there is no block of intangible assets which include the value of goodwill or amount paid as non-compete fee. 6. The assessee submitted that it had acquired certain business of Kilitch Drug (India) Limited (KDIL) from 28-2-2012 at a net purchase consideration

ACIT, NEW DELHI vs. M/S AKORN INDIA PVT. LTD.,, NEW DELHI

ITA 2074/DEL/2017[2012-13]Status: DisposedITAT Delhi28 Oct 2025AY 2012-13

Bench: Shri M Balaganesh & Shri Vimal Kumarआ.अ.सं/.I.T.A No.1743/Del/2017 िनधा"रणवष"/Assessment Year:2012-13 बनाम Akorn India Pvt. Ltd. Dcit, 4Th Floor, Building 9B, Vs. Circle 2(1), Dlf Cyber City, Gurgaon. New Delhi. Pan No.Aajca8290J अपीलाथ" Appellant ""यथ"/Respondent आ.अ.सं/.I.T.A No.2074/Del/2017 िनधा"रणवष"/Assessment Year:2012-13 बनाम Acit, Akorn India Pvt. Ltd. Circle 2(1), Room No.153A, Vs. 1105-1106, Ashoka Estate, C.R. Building, I.P. Estate, Barakhamba Road, New Delhi. New Delhi. Pan No.Aajca8290J अपीलाथ" Appellant ""यथ"/Respondent आ.अ.सं/.I.T.A No.6566/Del/2018 िनधा"रणवष"/Assessment Year:2013-14 बनाम Akorn India Pvt. Ltd. Acit, 4Th Floor, Building 9B, Vs. Circle 2(1), C.R. Building, Dlf Cyber City, Gurgaon. I.P. Estate, New Delhi. Pan No.Aajca8290J अपीलाथ" Appellant ""यथ"/Respondent आ.अ.सं/.I.T.A No.6837/Del/2018 िनधा"रणवष"/Assessment Year:2013-14 बनाम Dcit, Akorn India Pvt. Ltd. Circle 2(1), Room No.153A, Vs. 1105-1106, Ashoka Estate, C.R. Building, I.P. Estate, Barakhamba Road, New Delhi. New Delhi. Pan No.Aajca8290J अपीलाथ" Appellant ""यथ"/Respondent

Section 139(5)Section 50C

claim of depreciation on Goodwill. The Ground Nos. 2 and 2.1. raised by the assessee are challenging the denial of depreciation on Non-Compete Fee paid by the assessee. 5. We have heard the rival submissions and perused the materials available on record. The assessee company was incorporated ... Form 3CD by the assessee, there is no block of intangible assets which include the value of goodwill or amount paid as non-compete fee. 6. The assessee submitted that it had acquired certain business of Kilitch Drug (India) Limited (KDIL) from 28-2-2012 at a net purchase consideration

AKORN INDIA PVT. LTD.,GURGAON vs. DCIT, NEW DELHI

ITA 1743/DEL/2017[2012-13]Status: DisposedITAT Delhi28 Oct 2025AY 2012-13

Bench: Shri M Balaganesh & Shri Vimal Kumarआ.अ.सं/.I.T.A No.1743/Del/2017 िनधा"रणवष"/Assessment Year:2012-13 बनाम Akorn India Pvt. Ltd. Dcit, 4Th Floor, Building 9B, Vs. Circle 2(1), Dlf Cyber City, Gurgaon. New Delhi. Pan No.Aajca8290J अपीलाथ" Appellant ""यथ"/Respondent आ.अ.सं/.I.T.A No.2074/Del/2017 िनधा"रणवष"/Assessment Year:2012-13 बनाम Acit, Akorn India Pvt. Ltd. Circle 2(1), Room No.153A, Vs. 1105-1106, Ashoka Estate, C.R. Building, I.P. Estate, Barakhamba Road, New Delhi. New Delhi. Pan No.Aajca8290J अपीलाथ" Appellant ""यथ"/Respondent आ.अ.सं/.I.T.A No.6566/Del/2018 िनधा"रणवष"/Assessment Year:2013-14 बनाम Akorn India Pvt. Ltd. Acit, 4Th Floor, Building 9B, Vs. Circle 2(1), C.R. Building, Dlf Cyber City, Gurgaon. I.P. Estate, New Delhi. Pan No.Aajca8290J अपीलाथ" Appellant ""यथ"/Respondent आ.अ.सं/.I.T.A No.6837/Del/2018 िनधा"रणवष"/Assessment Year:2013-14 बनाम Dcit, Akorn India Pvt. Ltd. Circle 2(1), Room No.153A, Vs. 1105-1106, Ashoka Estate, C.R. Building, I.P. Estate, Barakhamba Road, New Delhi. New Delhi. Pan No.Aajca8290J अपीलाथ" Appellant ""यथ"/Respondent

Section 139(5)Section 50C

claim of depreciation on Goodwill. The Ground Nos. 2 and 2.1. raised by the assessee are challenging the denial of depreciation on Non-Compete Fee paid by the assessee. 5. We have heard the rival submissions and perused the materials available on record. The assessee company was incorporated ... Form 3CD by the assessee, there is no block of intangible assets which include the value of goodwill or amount paid as non-compete fee. 6. The assessee submitted that it had acquired certain business of Kilitch Drug (India) Limited (KDIL) from 28-2-2012 at a net purchase consideration

ACIT, NON-CORPORATE CIRCLE 7(1), CHENNAI, CHENNAI vs. LATE SHRI MAHAVEER BHANDARI, LEGAL HEIR- SMT. LALITHA BHANDARI, CHENNAI

ITA 2785/CHNY/2024[2016]Status: DisposedITAT Chennai15 Oct 2025

Bench: Shri Manu Kumar Giri & Shri S.R. Raghunathaआयकर अपील सं./Ita No.: 2785/Chny/2024 िनधा"रण वष"/Assessment Year : 2016-17 The Asst. Commissioner Of Late Shri Mahaveer Bhandari, Income Tax, Rep. By Legal Heir Smt. Lalitha Non-Corporate Circle 7(1), Vs. Bhandari, Chennai. 9, Athipattan Street, Mount Road, Chennai – 600 002. Pan: Aadpb 877A (अपीलाथ"/Appellant) (""यथ"/Respondent) अपीलाथ" क" ओर से/Appellant By : Ms. Anitha, Addl.Cit ""यथ" क" ओर से/Respondent By : Shri Ajith Kumar Chordia, Ca (Through Virtual Mode) सुनवाई क" तारीख/Date Of Hearing : 18.07.2025 घोषणा क" तारीख/Date Of Pronouncement : 15.10.2025

For Appellant: Ms. Anitha, Addl.CITFor Respondent: Shri Ajith Kumar Chordia, CA

Section 143(1)Section 143(3)Section 28Section 56(2)(vii)

date of transfer. Ground No. 6 - The learned CIT(A) has erred in deleting the addition of Rs.99,39,998/- on account of non-Compete fees u/s 28(va) of the Act as it was based on the valuation report of Duff & Phelps owing to absence of separate non-compete

ASSISTANT COMMISSIONER OF INCOME TAX-16(1), MUMBAI vs. VIACOM18 MEDIA PRIVATE LIMITED, MUMBAI

ITA 5658/MUM/2024[2013-14]Status: DisposedITAT Mumbai15 Oct 2025AY 2013-14

Section 143(1)Section 143(2)Section 143(3)Section 250

brevity, we deem it appropriate to decide this appeal by\nground-wise. Coming to ground No.1, which pertains to the\ndepreciation on “non-compete fee” we observe from the assessment\norder that in the scheme of demerger, intangible asset by name of\nnon-compete fee @ Written Down Value ... n329,76,56,250/- was distributed among ETPL, PTVPL and PTPL.\nThe Assessee accordingly has acquired intangible asset in the name\nof “non-compete fee” having WDV value of Rs.112,32,50,625/- as\non 01/04/2010 and for the assessment year under consideration,\nopening WDV worked out at Rs.63

DCIT, CENTRAL CIRCLE-3(2), , MUMBAI vs. M/S VIRAJ PROFILES PRIVATE LIMITED, MUMBAI

In the result, all the appeals filed by the Revenue are dismissed

ITA 890/MUM/2025[2018-19]Status: DisposedITAT Mumbai29 Sept 2025AY 2018-19

Bench: SHRI AMIT SHUKLA (Judicial Member), SHRI PRABHASH SHANKAR (Accountant Member)

Section 143(3)Section 153ASection 271(1)(c)Section 69A

Tribunal, no occasion remains to impose penalty. The Revenue’s grounds on this issue are accordingly dismissed. Penalty on Disallowance of Non-Compete Fees 23. We now turn to the issue of penalty levied in respect of the disallowance of non-compete fees. For assessment year 2013–14, the assessee ... claimed deduction of certain sums paid as non-compete fees to specified parties. The Assessing Officer, however, disallowed the claim. According to him, the assessee had failed to substantiate the business expediency and necessity of such payments. He held that the expenditure was either capital in nature or not incurred

DCIT, CENTRAL CIRCLE-3(2), , MUMBAI vs. M/S VIRAJ PROFILES PRIVATE LIMITED, , MUMBAI

In the result, all the appeals filed by the Revenue are\ndismissed

ITA 889/MUM/2025[2013-14]Status: DisposedITAT Mumbai29 Sept 2025AY 2013-14

Section 143(3)Section 153ASection 271(1)(c)Section 271ASection 37Section 69ASection 69C

Deleted by ITAT vide order dated\n12.05.2023)\n4,11,128\n6,60,00,000\n(ITAT-4,11,128/-)\n4 Disallowance of Non-Compete fees\n(Deleted by ITAT vide order dated\n12.05.2023)\nAddition made u/s 153A\n5 Corporate Guarantee commission ... Tribunal, no\noccasion remains to impose penalty. The Revenue's grounds\non this issue are accordingly dismissed.\nPenalty on Disallowance of Non-Compete Fees\n23. We now turn to the issue of penalty levied in respect of\nthe disallowance of non-compete fees. For assessment year\n2013–14, the assessee

DCIT, CENTRAL CIRCLE-3(2), MUMBAI vs. M/S VIRAJ PROFILES PRIVATE LIMITED, MUMBAI

In the result, all the appeals filed by the Revenue are dismissed

ITA 888/MUM/2025[2011-12]Status: DisposedITAT Mumbai29 Sept 2025AY 2011-12

Bench: SHRI AMIT SHUKLA (Judicial Member), SHRI PRABHASH SHANKAR (Accountant Member)

Section 143(3)Section 153ASection 271(1)(c)Section 69A

Tribunal, no occasion remains to impose penalty. The Revenue’s grounds on this issue are accordingly dismissed. Penalty on Disallowance of Non-Compete Fees 23. We now turn to the issue of penalty levied in respect of the disallowance of non-compete fees. For assessment year 2013–14, the assessee ... claimed deduction of certain sums paid as non-compete fees to specified parties. The Assessing Officer, however, disallowed the claim. According to him, the assessee had failed to substantiate the business expediency and necessity of such payments. He held that the expenditure was either capital in nature or not incurred

DCIT, CENTRAL CIRCLE-3(2), , MUMBAI vs. VIRAJ PROFILES PRIVATE LIMITED, MUMBAI

In the result, all the appeals filed by the Revenue are\ndismissed

ITA 872/MUM/2025[2017-18]Status: DisposedITAT Mumbai29 Sept 2025AY 2017-18

Section 143(3)Section 153ASection 271(1)(c)Section 271ASection 37Section 69ASection 69C

order dated\n12.05.2023)\n\n6,60,00,000\n(ITAT - Deleted)\n\n4,11,128\n6,60,00,000\n\n4\nDisallowance of Non-Compete fees\n(Deleted by ITAT vide order dated\n12.05.2023)\n\n2,64,28,571\n(ITAT-Deleted)\n\n2,64,28,571\n\nAddition made ... Tribunal, no\noccasion remains to impose penalty. The Revenue's grounds\non this issue are accordingly dismissed.\n\nPenalty on Disallowance of Non-Compete Fees\n\n23. We now turn to the issue of penalty levied in respect of\nthe disallowance of non-compete fees. For assessment year\n2013

DCIT, CENTRAL CIRCLE-3(2), MUMBAI vs. VIRAJ PROFILES PRIVATE LIMITED, MUMBAI

In the result, all the appeals filed by the Revenue are dismissed

ITA 871/MUM/2025[2015-16]Status: DisposedITAT Mumbai29 Sept 2025AY 2015-16

Bench: SHRI AMIT SHUKLA (Judicial Member), SHRI PRABHASH SHANKAR (Accountant Member)

Section 143(3)Section 153ASection 271(1)(c)Section 69A

Tribunal, no occasion remains to impose penalty. The Revenue’s grounds on this issue are accordingly dismissed. Penalty on Disallowance of Non-Compete Fees 23. We now turn to the issue of penalty levied in respect of the disallowance of non-compete fees. For assessment year 2013–14, the assessee ... claimed deduction of certain sums paid as non-compete fees to specified parties. The Assessing Officer, however, disallowed the claim. According to him, the assessee had failed to substantiate the business expediency and necessity of such payments. He held that the expenditure was either capital in nature or not incurred