https://www.taxtmi.com/caselaws?id=205852 The Tribunal upheld the CIT(A)'s decision to allow service charges as business expenditure paid by the assessee to its holding company. The Tribunal emphasized the authenticity of the agreement, lack of evidence of a collusive arrangement, and consistency with previous rulings. The revenue's appeal was dismissed, confirming the service charges' deductibility based on turnover allocation. en-us Fri, 19 Nov 2010 00:00:00 +0530 Tue, 27 Sep 2011 10:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=205852 The Tribunal upheld the CIT(A)'s decision to allow service charges as business expenditure paid by the assessee to its holding company. The Tribunal emphasized the authenticity of the agreement, lack of evidence of a collusive arrangement, and consistency with previous rulings. The revenue's appeal was dismissed, confirming the service charges' deductibility based on turnover allocation. Case-Laws Income Tax Fri, 19 Nov 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=205852