Revenue's appeal dismissed as commission date doesn't affect taxable component and advertisement expenses factually established The Bombay HC dismissed the revenue's appeal against the tribunal's order. The court held that the commission's actual date did not impact the taxable ...
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Revenue's appeal dismissed as commission date doesn't affect taxable component and advertisement expenses factually established
The Bombay HC dismissed the revenue's appeal against the tribunal's order. The court held that the commission's actual date did not impact the taxable component and acknowledged that advertisement expenses were incurred as a factual matter. An additional ground raised by the assessee was remanded to the Assessing Officer for consideration. The revenue's appeal failed to survive and was dismissed.
The Bombay High Court dismissed the appeal by the revenue against the tribunal's order. The court found that the commission's actual date did not affect the taxable component. The court also noted that expenses for advertisement were incurred, which was a factual matter. An additional ground raised by the assessee was referred back to the Assessing Officer for consideration. The appeal was dismissed as it did not survive.
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