https://www.taxtmi.com/caselaws?id=329461 The Tribunal ruled in favor of the assessee on all issues, dismissing the AO's appeal. The disallowance of Product Development Expenses (PDE) was deleted, treating it as revenue expenditure. The allocation of advertisement and sales promotion expenses for the Silvassa unit was adjusted in favor of the assessee. Reusable artwork expenses were treated as revenue expenditure, and disallowance of foreign travel expenditure was overturned due to lack of evidence of personal use. The Tribunal emphasized the importance of routine business expenses and proper allocation methods. en-us Wed, 29 Jun 2016 00:00:00 +0530 Mon, 06 Feb 2017 14:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=329461 The Tribunal ruled in favor of the assessee on all issues, dismissing the AO's appeal. The disallowance of Product Development Expenses (PDE) was deleted, treating it as revenue expenditure. The allocation of advertisement and sales promotion expenses for the Silvassa unit was adjusted in favor of the assessee. Reusable artwork expenses were treated as revenue expenditure, and disallowance of foreign travel expenditure was overturned due to lack of evidence of personal use. The Tribunal emphasized the importance of routine business expenses and proper allocation methods. Case-Laws Income Tax Wed, 29 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=329461