https://www.taxtmi.com/caselaws?id=348400 The Tribunal ruled in favor of the assessee, allowing the treatment of royalty and logo fee payments as revenue expenditure and permitting the deduction for provision for warranty claims. The appeals on disallowance under Section 14A, initiation of penalty proceedings under Section 271(1)(c), and levy of interest under Sections 234B and 234C were dismissed. The final order was issued on 20th September 2017. en-us Wed, 20 Sep 2017 00:00:00 +0530 Thu, 22 Mar 2018 16:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=348400 The Tribunal ruled in favor of the assessee, allowing the treatment of royalty and logo fee payments as revenue expenditure and permitting the deduction for provision for warranty claims. The appeals on disallowance under Section 14A, initiation of penalty proceedings under Section 271(1)(c), and levy of interest under Sections 234B and 234C were dismissed. The final order was issued on 20th September 2017. Case-Laws Income Tax Wed, 20 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=348400