https://www.taxtmi.com/caselaws?id=260915 The court upheld the CIT(A)'s decision, ruling in favor of the assessee regarding the treatment of advertisement expenses as revenue, not capital, expenses. Additionally, the court supported the higher depreciation claim of the assessee for computer peripherals, allowing depreciation at 60%. The appeals, transferred from Delhi to Mumbai, were disposed of through a common order by the ITAT, which dismissed the department's appeals for the respective assessment years. en-us Fri, 13 Feb 2015 00:00:00 +0530 Mon, 02 Mar 2015 14:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=260915 The court upheld the CIT(A)'s decision, ruling in favor of the assessee regarding the treatment of advertisement expenses as revenue, not capital, expenses. Additionally, the court supported the higher depreciation claim of the assessee for computer peripherals, allowing depreciation at 60%. The appeals, transferred from Delhi to Mumbai, were disposed of through a common order by the ITAT, which dismissed the department's appeals for the respective assessment years. Case-Laws Income Tax Fri, 13 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=260915