https://www.taxtmi.com/caselaws?id=170244 The case involved issues related to disallowance of interest on interest-free advances, product development expenses, eligibility for deduction under section 80-IB, and market research expenses. The Tribunal allowed the assessee's appeal regarding product development expenses, treating certain expenses as revenue expenditure. The additional ground on section 80-IB was allowed for statistical purposes. The Revenue's appeal challenging the deletion of market research expenses addition was dismissed. en-us Thu, 28 Aug 2014 00:00:00 +0530 Mon, 23 Feb 2015 17:02:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=170244 The case involved issues related to disallowance of interest on interest-free advances, product development expenses, eligibility for deduction under section 80-IB, and market research expenses. The Tribunal allowed the assessee's appeal regarding product development expenses, treating certain expenses as revenue expenditure. The additional ground on section 80-IB was allowed for statistical purposes. The Revenue's appeal challenging the deletion of market research expenses addition was dismissed. Case-Laws Income Tax Thu, 28 Aug 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=170244