https://www.taxtmi.com/caselaws?id=71375 The Tribunal partially allowed the assessee's appeal, reducing the addition of service charges from Rs. 10,80,04,482 to Rs. 3,37,06,017, providing relief of Rs. 7,42,98,465. It also reduced marketing expenses from Rs. 10,00,00,000 to Rs. 4,42,81,637, granting relief of Rs. 5,37,18,863. The Tribunal rejected the Department's appeal, upholding the CIT(A)'s decisions on disallowances related to prior period expenditure and ad hoc disallowances. The Tribunal found no merit in the Department's claims and emphasized the necessity of a clear nexus between expenses and business purposes. en-us Mon, 30 Jun 2008 00:00:00 +0530 Tue, 05 Dec 2023 12:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=71375 The Tribunal partially allowed the assessee's appeal, reducing the addition of service charges from Rs. 10,80,04,482 to Rs. 3,37,06,017, providing relief of Rs. 7,42,98,465. It also reduced marketing expenses from Rs. 10,00,00,000 to Rs. 4,42,81,637, granting relief of Rs. 5,37,18,863. The Tribunal rejected the Department's appeal, upholding the CIT(A)'s decisions on disallowances related to prior period expenditure and ad hoc disallowances. The Tribunal found no merit in the Department's claims and emphasized the necessity of a clear nexus between expenses and business purposes. Case-Laws Income Tax Mon, 30 Jun 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=71375