https://www.taxtmi.com/caselaws?id=186371 The appeal filed by the assessee was partly allowed, with the tribunal ruling in favor of the assessee on the cost of construction issue. The addition towards the total cost of construction was deleted as the tribunal found that CPWD rates overstated the cost compared to State PWD rates, and direct procurement of materials resulted in significant savings. However, the disallowance of `24,000/- for advertisement expenses and `1,68,010/- for sales promotion expenses was confirmed. en-us Thu, 16 Jun 2011 00:00:00 +0530 Thu, 15 Sep 2016 16:35:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=186371 The appeal filed by the assessee was partly allowed, with the tribunal ruling in favor of the assessee on the cost of construction issue. The addition towards the total cost of construction was deleted as the tribunal found that CPWD rates overstated the cost compared to State PWD rates, and direct procurement of materials resulted in significant savings. However, the disallowance of `24,000/- for advertisement expenses and `1,68,010/- for sales promotion expenses was confirmed. Case-Laws Income Tax Thu, 16 Jun 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=186371