https://www.taxtmi.com/caselaws?id=186755 The Tribunal confirmed various disallowances by the Assessing Officer, including disallowance of commission expenses for Nipun Finvest Pvt Ltd, reimbursement of salary and marketing expenses under Section 40A(2)(b) for Gharda Chemicals Ltd, and notional interest on Inter-Corporate Deposits. Additionally, the Tribunal upheld disallowance of ERP software training expenses, replacement of plant and machinery expenses, and 25% of sales promotion expenses. However, the Tribunal directed the AO to allow 100% depreciation on civil structures for water pollution control equipment and deleted the addition on account of lower sale price of Giloquin. en-us Fri, 19 Mar 2010 00:00:00 +0530 Thu, 29 Sep 2016 12:41:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=186755 The Tribunal confirmed various disallowances by the Assessing Officer, including disallowance of commission expenses for Nipun Finvest Pvt Ltd, reimbursement of salary and marketing expenses under Section 40A(2)(b) for Gharda Chemicals Ltd, and notional interest on Inter-Corporate Deposits. Additionally, the Tribunal upheld disallowance of ERP software training expenses, replacement of plant and machinery expenses, and 25% of sales promotion expenses. However, the Tribunal directed the AO to allow 100% depreciation on civil structures for water pollution control equipment and deleted the addition on account of lower sale price of Giloquin. Case-Laws Income Tax Fri, 19 Mar 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=186755