https://www.taxtmi.com/caselaws?id=217776 The Tribunal dismissed both appeals of the Revenue, upholding the Commissioner of Income Tax (Appeals)'s order in deleting the disallowances made by the AO for royalty payments and car, advertisement, and sales promotion expenses. The Tribunal emphasized the principles of consistency and the lack of enduring benefit from the royalty payments, and the absence of specific evidence for personal use of the expenses. en-us Fri, 12 Oct 2012 00:00:00 +0530 Tue, 23 Oct 2012 12:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=217776 The Tribunal dismissed both appeals of the Revenue, upholding the Commissioner of Income Tax (Appeals)'s order in deleting the disallowances made by the AO for royalty payments and car, advertisement, and sales promotion expenses. The Tribunal emphasized the principles of consistency and the lack of enduring benefit from the royalty payments, and the absence of specific evidence for personal use of the expenses. Case-Laws Income Tax Fri, 12 Oct 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=217776