https://www.taxtmi.com/caselaws?id=264294 The Tribunal partly allowed the appeal, directing the deletion of certain additions and disallowances. Specifically, the Tribunal emphasized the use of the Bright Line Test for determining brand development expenses, leading to the deletion of an adhoc addition for brand promotion expenses. Additionally, the Tribunal remitted issues back for re-examination, such as the disallowance of depreciation on capital subsidy and disallowance under Section 14A. The Tribunal also upheld the disallowance of expenditure for cars provided to the police department, citing lack of commercial expediency. en-us Fri, 28 Aug 2015 00:00:00 +0530 Tue, 21 Sep 2021 16:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=264294 The Tribunal partly allowed the appeal, directing the deletion of certain additions and disallowances. Specifically, the Tribunal emphasized the use of the Bright Line Test for determining brand development expenses, leading to the deletion of an adhoc addition for brand promotion expenses. Additionally, the Tribunal remitted issues back for re-examination, such as the disallowance of depreciation on capital subsidy and disallowance under Section 14A. The Tribunal also upheld the disallowance of expenditure for cars provided to the police department, citing lack of commercial expediency. Case-Laws Income Tax Fri, 28 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=264294