https://www.taxtmi.com/caselaws?id=68569 The Revenue's appeal challenging the deletion of disallowances under section 43B for late payments was dismissed. The assessee's appeal contesting the disallowance of unpaid bottling fees under section 43B was allowed. Additionally, the assessee's appeal regarding the disallowance of depreciation on R&D assets was partly allowed. The Tribunal also allowed the treatment of expenditure on replacement of a transformer as revenue expenditure, deleted the addition of service charges on packing material, and partially upheld the disallowance of public relation and staff welfare expenses as entertainment expenses. en-us Fri, 30 Mar 2001 00:00:00 +0530 Thu, 31 Mar 2011 11:23:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=68569 The Revenue's appeal challenging the deletion of disallowances under section 43B for late payments was dismissed. The assessee's appeal contesting the disallowance of unpaid bottling fees under section 43B was allowed. Additionally, the assessee's appeal regarding the disallowance of depreciation on R&D assets was partly allowed. The Tribunal also allowed the treatment of expenditure on replacement of a transformer as revenue expenditure, deleted the addition of service charges on packing material, and partially upheld the disallowance of public relation and staff welfare expenses as entertainment expenses. Case-Laws Income Tax Fri, 30 Mar 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=68569