https://www.taxtmi.com/caselaws?id=205949 The ITAT upheld the decisions of the Ld. CIT(A) to delete additions on account of advertisement expenses, exchange losses, and provision for gratuity for Assessment Year 2003-04. The ITAT ruled in favor of the assessee, emphasizing that the expenses were incurred for business purposes and were necessary for generating income. The deletion of these additions was affirmed, dismissing the Revenue's appeal. en-us Thu, 03 Mar 2011 00:00:00 +0530 Mon, 03 Oct 2011 02:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=205949 The ITAT upheld the decisions of the Ld. CIT(A) to delete additions on account of advertisement expenses, exchange losses, and provision for gratuity for Assessment Year 2003-04. The ITAT ruled in favor of the assessee, emphasizing that the expenses were incurred for business purposes and were necessary for generating income. The deletion of these additions was affirmed, dismissing the Revenue's appeal. Case-Laws Income Tax Thu, 03 Mar 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=205949