https://www.taxtmi.com/caselaws?id=169795 The Tribunal ruled in favor of the assessee, allowing the appeal and deleting the addition of the expenditure incurred on advertisements for popularizing yellow page directories. The Tribunal held that the expenditure was revenue in nature, akin to advertisement expenses, and did not provide enduring benefit to the assessee. The decision was based on the nature of the expenditure and previous precedents where similar expenses were treated as revenue expenditure. en-us Tue, 15 Mar 2011 00:00:00 +0530 Thu, 07 May 2015 11:01:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=169795 The Tribunal ruled in favor of the assessee, allowing the appeal and deleting the addition of the expenditure incurred on advertisements for popularizing yellow page directories. The Tribunal held that the expenditure was revenue in nature, akin to advertisement expenses, and did not provide enduring benefit to the assessee. The decision was based on the nature of the expenditure and previous precedents where similar expenses were treated as revenue expenditure. Case-Laws Income Tax Tue, 15 Mar 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=169795