https://www.taxtmi.com/caselaws?id=343172 The Appellate Tribunal ITAT DELHI upheld the deletions of both the addition of Rs. 51,69,792 on capitalization of license fee and royalty expenditure and the addition of Rs. 1,39,720 on capitalization of brand development expenditure. The Tribunal ruled in favor of the appellant, emphasizing that the expenses were revenue in nature based on commercial advantages and legal precedents, dismissing the department's appeal in both instances. en-us Mon, 08 May 2017 00:00:00 +0530 Sat, 20 May 2017 09:03:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=343172 The Appellate Tribunal ITAT DELHI upheld the deletions of both the addition of Rs. 51,69,792 on capitalization of license fee and royalty expenditure and the addition of Rs. 1,39,720 on capitalization of brand development expenditure. The Tribunal ruled in favor of the appellant, emphasizing that the expenses were revenue in nature based on commercial advantages and legal precedents, dismissing the department's appeal in both instances. Case-Laws Income Tax Mon, 08 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=343172