https://www.taxtmi.com/caselaws?id=260325 The High Court upheld the decisions of the CIT(A) and ITAT, dismissing the appeal on both issues. The disallowed management fee was accepted as genuine business expenditure, emphasizing commercial expediency. Regarding the advertising expenditure, relief was granted based on legal precedents, with the court finding no substantial question of law to overturn the decision. en-us Fri, 22 May 2015 00:00:00 +0530 Tue, 09 Jun 2015 07:27:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=260325 The High Court upheld the decisions of the CIT(A) and ITAT, dismissing the appeal on both issues. The disallowed management fee was accepted as genuine business expenditure, emphasizing commercial expediency. Regarding the advertising expenditure, relief was granted based on legal precedents, with the court finding no substantial question of law to overturn the decision. Case-Laws Income Tax Fri, 22 May 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=260325