https://www.taxtmi.com/caselaws?id=259875 The appeal was partly allowed with specific grounds accepted, others rejected, and some issues restored to the AO for reconsideration. The ITAT directed providing the appellant with a reasonable opportunity to present evidence where applicable. Key outcomes included the acceptance of expenses on neon sign boards and hoardings as revenue expenditure, the restoration of issues concerning out-of-book sales and stock write-offs for reconsideration, and the rejection of claims related to capital expenditure treatment and depreciation on assets due to lack of evidence. en-us Wed, 04 Mar 2015 00:00:00 +0530 Wed, 18 Mar 2015 15:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=259875 The appeal was partly allowed with specific grounds accepted, others rejected, and some issues restored to the AO for reconsideration. The ITAT directed providing the appellant with a reasonable opportunity to present evidence where applicable. Key outcomes included the acceptance of expenses on neon sign boards and hoardings as revenue expenditure, the restoration of issues concerning out-of-book sales and stock write-offs for reconsideration, and the rejection of claims related to capital expenditure treatment and depreciation on assets due to lack of evidence. Case-Laws Income Tax Wed, 04 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=259875