https://www.taxtmi.com/caselaws?id=179045 The Tribunal upheld the CIT(A)'s decision to treat 25% of royalty payments as capital expenditure and the remaining 75% as revenue expenditure, citing the enduring advantage to the business. The disallowance of sales promotion expenses was also upheld for various assessment years due to lack of evidence substantiating the expenses. All appeals from both the assessee and the Revenue were dismissed, affirming the CIT(A)'s decisions on both issues. en-us Fri, 25 Feb 2011 00:00:00 +0530 Thu, 18 Feb 2016 17:58:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=179045 The Tribunal upheld the CIT(A)'s decision to treat 25% of royalty payments as capital expenditure and the remaining 75% as revenue expenditure, citing the enduring advantage to the business. The disallowance of sales promotion expenses was also upheld for various assessment years due to lack of evidence substantiating the expenses. All appeals from both the assessee and the Revenue were dismissed, affirming the CIT(A)'s decisions on both issues. Case-Laws Income Tax Fri, 25 Feb 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=179045