https://www.taxtmi.com/caselaws?id=169610 The Tribunal allowed the appeal of the assessee, directing the AO to delete the additions made. It held that the expenditures, though not allowable under Rule 9A, are allowable under Section 37(1) as business expenditures. The assessee can set off the expenditure against the profit of one film under Section 70(1). The decision was pronounced on September 16, 2014. en-us Tue, 16 Sep 2014 00:00:00 +0530 Tue, 17 Feb 2015 11:11:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=169610 The Tribunal allowed the appeal of the assessee, directing the AO to delete the additions made. It held that the expenditures, though not allowable under Rule 9A, are allowable under Section 37(1) as business expenditures. The assessee can set off the expenditure against the profit of one film under Section 70(1). The decision was pronounced on September 16, 2014. Case-Laws Income Tax Tue, 16 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=169610