https://www.taxtmi.com/caselaws?id=209784 The ITAT upheld the CIT (Appeals) decisions on all issues, dismissing the Revenue's appeal. The disallowance of recruitment and training expenses was deleted as revenue expenditure facilitating business operations. Sales promotion expenses disallowance was overturned due to lack of evidence against business purposes. Depreciation on computers was allowed at 60%, following precedents. The judgment stressed adherence to legal precedents, consistency, and distinguishing revenue from capital expenditures for deductions. en-us Fri, 08 Apr 2011 00:00:00 +0530 Sat, 04 Feb 2012 16:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=209784 The ITAT upheld the CIT (Appeals) decisions on all issues, dismissing the Revenue's appeal. The disallowance of recruitment and training expenses was deleted as revenue expenditure facilitating business operations. Sales promotion expenses disallowance was overturned due to lack of evidence against business purposes. Depreciation on computers was allowed at 60%, following precedents. The judgment stressed adherence to legal precedents, consistency, and distinguishing revenue from capital expenditures for deductions. Case-Laws Income Tax Fri, 08 Apr 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=209784