https://www.taxtmi.com/caselaws?id=122108 The Tribunal partly allowed both appeals, remanding specific issues for further examination, and upholding the CIT(A)'s decisions on others. The disallowance under section 92AC was reduced after correction of calculation errors. Advertisement expenditure was partially allowed, with certain amounts treated as revenue expenditure. The issue of software expenses was dismissed as not pressed. The disallowance of interest on advances to an associate company was remanded for fresh adjudication. Bad debts claimed were allowed by the CIT(A) and upheld by the Tribunal. en-us Sun, 29 Aug 2010 00:00:00 +0530 Wed, 08 Aug 2012 16:19:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=122108 The Tribunal partly allowed both appeals, remanding specific issues for further examination, and upholding the CIT(A)'s decisions on others. The disallowance under section 92AC was reduced after correction of calculation errors. Advertisement expenditure was partially allowed, with certain amounts treated as revenue expenditure. The issue of software expenses was dismissed as not pressed. The disallowance of interest on advances to an associate company was remanded for fresh adjudication. Bad debts claimed were allowed by the CIT(A) and upheld by the Tribunal. Case-Laws Income Tax Sun, 29 Aug 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=122108