https://www.taxtmi.com/caselaws?id=261945 The ITAT ruled in favor of the appellant, allowing the provision for bad advances as revenue expenditure and approving the excess remuneration paid to directors. However, the issue of depreciation on expenditure treated as revenue was remitted back to the AO for fresh adjudication. en-us Fri, 13 Mar 2015 00:00:00 +0530 Tue, 28 Jul 2015 06:54:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=261945 The ITAT ruled in favor of the appellant, allowing the provision for bad advances as revenue expenditure and approving the excess remuneration paid to directors. However, the issue of depreciation on expenditure treated as revenue was remitted back to the AO for fresh adjudication. Case-Laws Income Tax Fri, 13 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=261945