https://www.taxtmi.com/caselaws?id=207097 The tribunal partly allowed the appeal by directing the deletion of the Rs. 31.54 crores adjustment for brand promotion expenses. It partly confirmed the Rs. 1.20 crores adjustment for raw material purchases with a 5% adjustment. The tribunal allowed the grounds on software expenditure and club expenses, while dismissing the grounds on depreciation and interest under section 234B, subject to consequential relief. en-us Mon, 05 Sep 2011 00:00:00 +0530 Mon, 02 May 2016 14:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=207097 The tribunal partly allowed the appeal by directing the deletion of the Rs. 31.54 crores adjustment for brand promotion expenses. It partly confirmed the Rs. 1.20 crores adjustment for raw material purchases with a 5% adjustment. The tribunal allowed the grounds on software expenditure and club expenses, while dismissing the grounds on depreciation and interest under section 234B, subject to consequential relief. Case-Laws Income Tax Mon, 05 Sep 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=207097