https://www.taxtmi.com/caselaws?id=342218 The Tribunal dismissed the appeal filed by the AO, upholding the FAA's decisions on all grounds. The disallowances on account of Sale Support Service, Allocation of Management Fees, sponsorship fees, management fees, and travelling expenses were deleted. Additionally, the addition of the excess amount received by the assessee was also deleted. The Tribunal emphasized the genuine nature of the expenses and the correct application of revenue expenditure principles. en-us Wed, 26 Apr 2017 00:00:00 +0530 Sat, 29 Apr 2017 10:10:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=342218 The Tribunal dismissed the appeal filed by the AO, upholding the FAA's decisions on all grounds. The disallowances on account of Sale Support Service, Allocation of Management Fees, sponsorship fees, management fees, and travelling expenses were deleted. Additionally, the addition of the excess amount received by the assessee was also deleted. The Tribunal emphasized the genuine nature of the expenses and the correct application of revenue expenditure principles. Case-Laws Income Tax Wed, 26 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=342218